Sino ICT : FURTHER DELAY IN DESPATCH OF CIRCULAR

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.

SINO ICT HOLDINGS LIMITED

芯 成 科 技 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00365)

FURTHER DELAY IN DESPATCH OF CIRCULAR

Reference is made to (i) the announcement of Sino ICT Holdings Limited (the "Company") dated 1 April 2021 in relation to the proposed disposal of 48% equity interest in an associate ; and (ii) the announcements of the Company dated 23 April 2021 and 30 April 2021 in relation to the delay in despatch of the Circular (as defined below) (collectively, the " Announcements"). Unless stated otherwise, capitalised terms used herein shall have the same meanings as defined in the Announcements.

As stated in the Announcements, a circular (the "Circular") containing, inter alia, further details of the Equity Transfer Agreement, a notice of the SGM and other informatio n as required under the Listing Rules was expected to be despatched to the Shareholders on or before 7 May 2021.

As additional time is required to prepare and finalise the contents of the Circular, the date of despatch of the Circular is expected to be postponed to 10 May 2021.

By order of the Board of

Sino ICT Holdings Limited

Du Yang

Chairman

Hong Kong, 7 May 2021

As at the date of this announcement, the directors are Mr. Du Yang, Mr. Yuan I-Pei and Mr. Xia Yuan as executive directors; Mr. Li Yongjun and Mr. Li Jinxian as non-executive directors; and Mr. Cui Yuzhi, Mr. Bao Yi and Mr. Ping Fan as independent non-executive directors.

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