Smartac International : WITHDRAWAL OF THE REQUEST TO REVIEW DECISION OF THE LISTING COMMITTEE OF THE STOCK EXCHANGE ON RULE 13.24

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.

SMARTAC INTERNATIONAL HOLDINGS LIMITED

環球智能控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(STOCK CODE: 395)

WITHDRAWAL OF THE REQUEST TO REVIEW DECISION OF

THE LISTING COMMITTEE OF

THE STOCK EXCHANGE ON RULE 13.24

This announcement is made by Smartac International Holdings Limited (the ''Company'' and its subsidiaries, the ''Group'') 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 (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 8 November 2020, 10 November 2020, 23 February 2021 and 26 February 2021 (collectively, the ''Announcements'') in relation to, inter alia, (i) the decision of The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') to suspend trading in the shares of the Company (the ''Shares'') under Rule 6.01(3) and to proceed with cancellation of the listing of the Shares under Rule 6.01A(1) of the Listing Rules if trading remains suspended for a continuous period of 18 months (the ''LD's Decision''); (ii) the Company's request to refer the aforesaid decision of the Stock Exchange to the Listing Committee of the Stock Exchange (the ''Listing Committee'') for review pursuant to Rule 2B.06(1) of the Listing Rules; (iii) the Listing Committee's decision to uphold the LD's Decision to suspend trading in the Shares under Rule 6.01(3) of the Listing Rules (the ''LC's Decision''); and (iv) the Company's request to refer the aforesaid LC's Decision of the Stock Exchange to the Listing Review Committee of the Stock Exchange (the ''Listing Review Committee'') for review pursuant to Rule 2B.06(2) of the Listing Rules, respectively. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements.

On 7 May 2021, the Company has withdrawn its request (the ''Request'') for the LC's Decision to be referred to the Listing Review Committee for review pursuant to Rule 2B.06(2) of the Listing Rules.

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Pursuant to Rule 6.01A of the Listing Rules, the Company shall have a period of 18 months from 1 April 2021 (being the date from which trading in the Shares on the Stock Exchange has been suspended) to take appropriate actions to demonstrate its compliance with Rule

13.24 of the Listing Rules, failing which the Stock Exchange may cancel the listing of the Shares.

CONTINUED SUSPENSION OF TRADING OF SHARES

At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 1 April 2021, pending the release of the annual results of the Group for the year ended 31 December 2020.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares. Any Shareholder or potential investor who is in doubt is advised to seek advice from professional advisors. The Company will continue to keep the Shareholders and potential investors of the Company updated by publishing further announcement(s) as and when appropriate, in compliance with the requirements under the Listing Rules.

By Order of the Board

Smartac International Holdings Limited

Yang Xin Min

Chairman

Hong Kong, 7 May 2021

As at the date of this announcement, the Board comprises of (i) one executive Director, Mr. Yang Xin Min (Chairman and Chief Executive Officer); and (ii) three independent non- executive Directors, namely Dr. Cheng Faat Ting Gary, Mr. Poon Lai Yin Michael and Mr. Peng Bobo.

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