Bisu Technology International : Delay in Dispatch of Circular or other Document / Variation to Terms / Major Transaction / Issue of Debt Securities / Issue of Shares under a Specific Mandate / Issue of Convertible Securities / Change in Terms of Securities or Rights attaching to Securities

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1372)

THIRD SUPPLEMENTAL S&P AGREEMENT

FOR THE MAJOR TRANSACTION - WAIVER FOR DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement (the "Announcement") of Bisu Technology Group International Limited (the "Company") dated 31 December 2017 in relation to the 3rd Supplemental S&P Agreement to make certain amendments to the Sale and Purchase Agreement (as amended and supplemented by the Supplemental S&P Agreements) to settle the differences in respect of the 2nd Guaranteed Profit subject to the conditions precedent under the 3rd Supplemental S&P Agreement being satisfied. Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular (the "Circular") containing, among other matters, further details of the 3rd Supplemental S&P Agreement and the transactions contemplated thereunder was expected to be despatched to the Shareholders on or before 22 January 2018.

As additional time is required for the Company to prepare and finalise certain information for inclusion in the Circular, the Company hereby announces that it has applied to the Stock Exchange for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules in order to have sufficient time to finalise the information in the Circular. Further announcement will be made by the Company in respect of the application for the waiver.

By Order of the Board

Bisu Technology Group International Limited

Wong Hin Shek

Executive Director

Hong Kong, 22 January 2018

As at the date of this announcement, the executive Directors are Mr. Lo Kin Ching Joseph, Mr. Wong Hin Shek and Mr. Xing Bin; and the independent non-executive

Directors are Ms. Chu Yin Yin, Georgiana, Mr. Yip Tai Him and Mr. Chan Kai Wing.