DTXS Silk Road Investment : APPOINTMENT OF CO-CHIEF EXECUTIVE OFFICER AND RE-DESIGNATION OF CO-CHIEF EXECUTIVE OFFICER

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

APPOINTMENT OF CO-CHIEF EXECUTIVE OFFICER

AND

RE-DESIGNATION OF CO-CHIEF EXECUTIVE OFFICER

APPOINTMENT OF CO-CHIEF EXECUTIVE OFFICER

The board of directors (the "Board") of DTXS Silk Road Investment Holdings Company Limited (the "Company") hereby announces that Mr. Kam Hou Yin, John ("Mr. Kam") has been appointed as a Co-Chief Executive Officer (the "Co-CEO") of the Company with effect from 12 March 2021. He will focus on the capital operation of the Company and its subsidiaries (the "Group").

Mr. Kam, aged 48, holds an executive master's degree in Business Administration from PBC School of Finance at Tsinghua University in the People's Republic of China and a master's degree in Business Administration from The University of Manchester in the United Kingdom. He is a fellow member of The Association of Chartered Certified Accountants ("ACCA") and a member of The Hong Kong Institute of Certified Public Accountants.

Mr. Kam was a senior partner of Zhenzhen Zhujin Supply Chain Services Company Limited from November 2018 to February 2021. He was an executive director and the chief executive officer of Century Ginwa Retail Holdings Limited (stock code: 162) from May 2017 to October 2018. Mr. Kam has over 20 years' experience in corporate, personal and interbank business. He was Zone Manager of Corporate Banking Division and General Manager of Shenzhen Branch of The Bank of East Asia (China) Limited from July 2012 to April 2017 and Zone Manager (Western China) of Corporate Banking Division and General Manager of Xi'an Branch of The Bank of East Asia (China) Limited from November 2006 to June 2012.

Mr. Kam has been appointed as an independent non-executive Director of China Ocean Fishing Holdings Limited (stock code: 8047) since March 2020. Mr. Kam was appointed as an independent non-executive Director of KOALA Financial Group Limited (stock code: 8226) from September 2017 to April 2019. Mr. Kam is a member of Standing Committee of the 5th Chinese People's Political Consultative Conference of Futian District, Shenzhen, a member of ACCA China Expert Forum, and he is an expert juror of the Shenzhen Qianhai Operation Zone's People's Court.

Mr. Kam is not appointed for a specify term which the appointment can be terminated by either party giving one months' written notice. Pursuant to the terms of appointment, Mr. Kam is entitled to an aggregate annual remuneration of HK$2,400,000. Mr. Kam's remuneration is recommended by the remuneration committee of the Company and determined by the Board with reference to his duties and responsibilities with the Company and prevailing market conditions.

Save as disclosed above, as at the date of this announcement, Mr. Kam (i) does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; (ii) does not have any relationship with any director, senior management, substantial or controlling shareholder of the Company; (iii) does not hold any other positions with the Company and/or its subsidiaries; and (iv) does not hold any directorship in the last three years immediately preceding the date of this announcement in public companies, the securities of which are listed on any securities market in Hong Kong or overseas.

Save as disclosed above, there are no other matters relating to the appointment of Mr. Kam that need to be brought to the attention of the shareholders of the Company and there is no other information that should be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Board would like to extend its welcome to Mr. Kam to join the Company.

RE-DESIGNATION OF CO-CHIEF EXECUTIVE OFFICER

Following the appointment of Mr. Kam as a Co-CEO, Dr. Xu Zhihong ("Dr. Xu"), the Executive Director and Chief Executive Officer of the Company, has been re-designated as the Co-CEO with effect from 12

March 2021. His position of Executive Director of the Company and terms of employment remain unchanged. Dr. Xu will focus on the development of operations of the Group and continue to closely work with the management team towards the Group's business development.

The Board would like to extend its welcome to Dr. Xu in accepting his new position.

By Order of the Board

DTXS Silk Road Investment Holdings Company Limited

Lu Jianzhong

Executive Director and Chairman

Hong Kong, 12 March 2021

As at the date of this announcement, the Board comprises five Executive Directors, namely Mr. Lu Jianzhong (Chairman), Mr. Ma Chao, Mr. Yang Xingwen, Dr. Xu Zhihong (Co-Chief Executive Officer) and Mr. Wong Kwok Tung Gordon Allan (Deputy Chief Executive Officer); one Non-executive Director, namely, Dr. Cheng Kar-Shun, Henry; and three Independent Non-executive Directors, namely Mr. Tsang Yok Sing, Jasper, Mr. Tse Yung Hoi and Mr. Kwok Chi Shing.