REPL::General Announcement::Inside information in relation to the acquisition and the convertible bonds

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.

Guoan International Limited

國安國 際 有限 公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 143)

INSIDE INFORMATION IN RELATION TO

THE ACQUISITION AND THE CONVERTIBLE BONDS

This announcement is made by Guoan International Limited (the "Company") pursuant to Rule

13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated 13 February 2018, 14 June 2018, 28 February 2019, 28 February 2020, 30 November 2020, 2 December 2020, 24 December 2020, 22 January 2021, 28 February 2021, 1 March 2021, 29 March 2021, 12 April 2021, 27 April 2021, 14 May 2021, 26 May 2021, 10 June 2021, 17 June 2021, 18 June 2021, 22 June 2021, 29 June 2021, 2 July 2021, 5 July 2021, 9 July 2021, 13 July 2021, 16 July 2021, 20 August 2021, 3 September 2021, 10 September 2021, 14 September 2021, 29 September 2021, 6 October 2021, 8 October 2021, 15 October 2021, 18 October 2021 and 21 October 2021 respectively (the "Announcements") and the circular of the Company dated 24 May 2018. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.

APPLICATION FOR A STAY OF EXECUTION OF THE SUMMARY JUDGMENT

As disclosed in the Announcement dated 1 March 2021, the Court of First Instance of the High Court of Hong Kong (the "Court of First Instance") handed down the Summary Judgment in favour of the Plaintiffs against the Company on 1 March 2021.

Further to the Announcement dated 21 October 2021 regarding the sealed order of the Petition made by the Grand Court, the Company wishes to update the Shareholders and potential investors of the Company that, on 27 October 2021, the Company filed a summons with the Court of First Instance for a stay of execution of the Summary Judgment pending final determination of the Appeal.

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The Company is currently seeking legal advice in respect of the above and will keep the Shareholders and potential investors informed of any significant development by way of announcement as and when appropriate in accordance with the Listing Rules.

CONTINUED SUSPENSION OF TRADING

At the request of the Company, trading in the Shares on the Stock Exchange was suspended with effect from 9:00 a.m. on 30 March 2021 and will remain suspended until further notice.

Transfer of Shares may be restricted as the deposits of Shares into CCASS may be suspended due to the Petition. Shareholders and potential investors of the Company should exercise caution when dealing in the Shares, and if they are in any doubt about their position, they should consult their professional adviser(s).

By Order of the Board

Guoan International Limited

LIU Deng

Chairman

Hong Kong, 28 October 2021

As at the date of this announcement, the Board comprises 8 Directors, of which 1 is an executive Director, namely Mr. LIU Deng, 4 are non-executive Directors, namely Ms. BAI Wei, Mr. WEI Wen Jun, Mr. ZHOU Deng Yue and Mr. TSUI Tan Ning, and 3 are independent non-executive Directors, namely Mr. CHEUNG Wai Man Raymond, Mr. NGAN Yu Loong and Mr. TSE Tsun Ling Febus.

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