REXLot : CHANGE OF FINANCIAL YEAR END DATE

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 Bermuda with limited liability)

(Stock code: 555)

CHANGE OF FINANCIAL YEAR END DATE

This announcement is made by REXLot Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

CHANGE OF FINANCIAL YEAR END DATE

The board of directors of the Company (the "Board") announces that it has resolved to change the financial year end date of the Company from 31 December to 31 March effective immediately. Accordingly, the next financial year end date of the Company will be 31 March 2020 and the next published audited financial statements of the Company will cover a 15-month period from 1 January 2019 to 31 March 2020.

REASONS FOR THE CHANGE

The Board considers that the change of financial year end date to 31 March will enable the Group to rationalize and more efficiently use its resources for the preparation of its results announcements as well as interim and annual reports. The change in the financial year end will allow the Company to better plan its audit schedules with its auditors by removing the uncertainty from the variation in the dates of the Chinese New Year holidays which put pressure on the workflow, thereby resulting in better cost savings and efficiencies.

To the best of their knowledge, belief and understanding, the Board does not foresee any material adverse impact on the Group resulting from the abovementioned change of financial year end date nor is there any other significant matter that needs to be brought to the attention of the shareholders of the Company in this regard.

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SUBSEQUENT FINANCIAL REPORTING PERIODS

Following the change of financial year end date, the Company is required to announce and publish its consolidated financial information for the relevant financial periods on or before the following relevant deadlines as set out below:

Financial period covered	Deadline for publishing	Deadline for despatch of
			results announcement	financial report
Unaudited	second	interim	29 February 2020	31 March 2020
results for the 12-month
period from 1 January 2019
to 31 December 2019
Audited	financial	results	30 June 2020	31 July 2020

for the 15-month period from 1 January 2019 to 31 March 2020

Thereafter, the Company will announce its unaudited interim results for the 6-month period from 1 April to 30 September and the audited annual results for the 12-month period from 1 April to 31 March on or before 30 November and 30 June each year, respectively.

SUSPENSION OF TRADING

At the request of the Company, trading in shares of the Company on the Stock Exchange was suspended with effect from 9:00 a.m. on 1 April 2019 and will remain suspended until further notice.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Woo Ming Wah

Company Secretary

Hong Kong, 3 January 2020

As at the date of this announcement, the Board comprises two executive directors namely Mr. Chan How Chung, Victor and Mr. Boo Chun Lon; one non-executive director namely Mr. Yuen Wai Ho; and three independent non-executive directors namely, Mr. Chow Siu Ngor, Mr. Wong Hoi Kuen and Mr. Hung Hing Man.

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