Peace Map : DECISION OF THE LISTING REVIEW COMMITTEE ON CANCELLATION OF LISTING

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.

PEACE MAP HOLDING LIMITED

天 下 圖 控 股 有 限 公 司

(In Liquidation)

(incorporated in Cayman Islands and continued in Bermuda with limited liability)

(Stock code: 402)

DECISION OF THE LISTING REVIEW COMMITTEE

ON CANCELLATION OF LISTING

This announcement is made by Peace Map Holding Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") 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 3 July 2018, 10 July 2018, 16 July 2018, 17 July 2018, 27 July 2018, 8 August 2018, 14 August 2018, 26 September 2018, 12 November 2018, 12 February 2019, 20 February 2019, 19 March 2019, 29 March 2019, 8 April 2019, 16 April 2019, 16 May 2019, 19 July 2019, 12 August 2019, 30 August 2019, 8 October 2019, 12 November 2019, 17 January 2020, 12 May 2020, 12 June 2020 and 13 July 2020 (collectively, the "Announcements"). Unless otherwise stated, capitalised terms used in this announcement shall have the same meaning as those defined in the Announcements.

On 21 July 2020, the Listing Review Committee had decided to uphold the Listing Committee's decision to cancel the listing of the shares of the Company (the "Shares") under Rule 6.01A of the Listing Rules (the "LRC Decision"). The last day of listing of the Shares will be on 31 July 2020 and the listing of the Shares will be cancelled with effect from 9:00 a.m. on 3 August 2020.

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CONSEQUENCES TO THE SHAREHOLDERS

All shareholders of the Company and investors should note that after 31 July 2020, being the last day of listing of the Shares on the Stock Exchange, whilst the share certificates of the Shares shall remain valid, the Shares will not be listed on, and will not be tradeable on, the Stock Exchange. Thereafter, the Company will no longer be subject to the Listing Rules. Shareholders who have any queries about the implications of the cancellation of the Company's listing on the Stock Exchange are advised to obtain professional advice.

By order of the Board of

Peace Map Holding Limited

(In Liquidation)

David Yen Ching Wai,

Anita So Kit Yee and

Keiran Hutchison

Joint Liquidators

Acting as agents of the Company only and

without personal liability

Hong Kong, 24 July 2020

As at the date of this announcement, the executive directors of the Company are Mr. WANG Zheng (Chief Executive Officer), Mr. LI Bin, Ms. MU Yan, Mr. LI Chengning and Mr. XU Jian (Chief Financial Officer) and the independent non-executive directors of the Company are Mr. ZHANG Songlin, Ms. LI Nan and Mr. XU Lei.

The Joint Liquidators, namely Mr. David Yen Ching Wai, Ms. Anita So Kit Yee and Mr. Keiran Hutchison, jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement misleading.

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