EcoGreen International : Announcement made pursuant to Rules 13.51(2)(U) and 13.51B(2) of the Listing Rules

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.

This notice appears for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

EcoGreen International Group Limited

中怡國際集團有限公司

(incorporated in the Cayman Islands with limited liability) www.ecogreen.com

(Stock code: 2341)

ANNOUNCEMENT MADE PURSUANT TO

RULES 13.51(2)(U) AND 13.51B(2) OF THE LISTING RULES

This announcement is made by EcoGreen International Group Limited (the "Company") pursuant to Rule 13.51(2)(u) and Rule 13.51B(2) of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors (the "Board") of the Company announce that the Company was notified by Mr. Wong Yik Chung, John ("Mr. Wong"), an independent non-executive director of the Company, that he was named as one of the respondents in a petition dated 25 September 2019 (the "Petition") issued by the High Court of the Hong Kong Special Administrative Region which was taken out by the Securities and Futures Commission ("SFC") pursuant to section 214 of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) against Perfect Optronics Limited , a comapny listed on the GEM of the Stock Exchange (stock code: 8311) (the "Company Respondent"), and its directors (the "Legal Proceeding"). The SFC alleged in the Petition that, among other things, the directors of the Company Respondent (including Mr. Wong, who is an independent non-executive director) had breached their duties as the directors of the Company Respondent in relation to the disposal of a subsidiary of the Company Respondent.

The Board has been informed by Mr. Wong that he disagrees with the allegations of the SFC in the Petition, and intends to contest the Petition vigorously.

As the Legal Proceeding does not involve the Company or any of its Subsidiaries (the "Group"), the Board does not consider that the Legal Proceeding will have any material adverse impact on the business and/or operations of any member of the Group.

The Company will make further announcement(s) in relation to the above matters as and when appropriate in accordance with the Listing Rules.

By order of the Board

EcoGreen International Group Limited

Yang Yirong

Chairman & President

Hong Kong, 8 October 2019

As at the date of this announcement, the Board of Directors of the Company comprises of six executive Directors, namely Mr. Yang Yirong (Chairman), Mr. Gong Xionghui, Ms. Lu Jiahua, Dr. Lin David Ying Tsung, Mr. Han Huan Guang and Mr. Lin Zhigang and three independent non-executive Directors, namely Mr. Yau Fook Chuen, Mr. Wong Yik Chung, John and Mr. Xiang Ming.