DTXS Silk Road Investment : POSITIVE PROFIT ALERT

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DTXS Silk Road Investment Holdings Company Limited 大唐西市絲路投資控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 620)

POSITIVE PROFIT ALERT

The board of directors (the "Board") of DTXS Silk Road Investment Holdings Company Limited (the "Company") and its subsidiaries (the "Group") makes this announcement pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions under Part XIVA of the Securities and Future Ordinance (Cap. 571 of the Laws of Hong Kong).

The Board wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that based on the preliminary review of the unaudited management accounts of the Group and currently available information to the Board, the Group may record a profit attributable to owners of the Company for the year ended 31 December 2020 of approximately HK$30 million as compared with a profit of approximately HK$8 million for the same period last year. Such expected increase was mainly attributable to the collection of commission income from previous auctions held and increase in interest income from advances to consignors by our arts and cultural division during the year.

As the Company is in the process of finalising the consolidated financial results of the Group for the year ended 31 December 2020, the information contained in this announcement is only based on the preliminary assessment with reference to the information currently available to the management which has not been audited or reviewed by the Company's auditor. The Group's consolidated financial results and performance for the year ended 31 December 2020 will be published by the end of March 2021.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

DTXS Silk Road Investment Holdings Company Limited

Lu Jianzhong

Executive Director and Chairman

Hong Kong, 26 March 2021

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