Wai Chun : CHANGE OF AUDITOR

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.

偉 俊 集 團 控 股 有 限 公 司*

Wai Chun Group Holdings Limited

(Incorporated in the Bermuda with limited liabilities)

(Stock Code: 1013)

CHANGE OF AUDITOR

This announcement is made by Wai Chun Group Holdings Limited (the "Company") pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

RESIGNATION OF AUDITOR

The board of directors (the "Board") of the Company announces that HLM CPA Limited ("HLM") has resigned as the auditor of the Company and its subsidiaries (the "Group") with effect from 16 April 2021, as the Company and HLM could not reach a consensus on the audit fee for the financial year ended 31 March 2021.

The Company has received a confirmation from HLM that save for the disclosures under the heading "Material Uncertainty Related to Going Concern" in its audit report dated 17 July 2020 on the consolidated financial statements of the Company for the year ended 31 March 2020, there are no matters which HLM needs to bring to the attention of the shareholders of the Company (the "Shareholders") in relation to its resignation as auditor of the Company. The Board has also confirmed that there is no disagreement between HLM and the Company, and there is no matter in respect of the resignation of HLM that need to be brought to the attention of the Shareholders.

The Board would like to express its appreciation to HLM for their services rendered to the Company in the past years.

APPOINTMENT OF AUDITOR

The Board announces that, pursuant to bye-law 157 of the Company and with the recommendation of the Audit Committee of the Company, it was proposed to appoint ZHONGHUI ANDA CPA Limited ("Zhonghui") as the auditor to fill the casual vacancy (the "Proposed Appointment"), which is subject to the passing of the relevant resolution at a special general meeting (the "SGM") to be convened by the Company. Zhonghui will hold the office as the auditor, if approved by the Shareholders at the SGM, until the conclusion of the next annual general meeting of the Company.

A circular containing further information on the Proposed Appointment, together with a notice convening the SGM, will be dispatched to the Shareholders as soon as practicable.

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By order of the Board

Wai Chun Group Holdings Limited

LAM Ching Kui

Chairman and Chief Executive Officer

Hong Kong, 16 April 2021

As at the date of this announcement, the Board consists of one executive director, namely Mr. Lam Ching Kui (Chairman and Chief Executive Officer) and three independent non-executive directors, namely Mr. Chan Wai Dune, Dr. Wang Wei and Ms. Chen Dairong.

* for identification purposes only

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