Trinity : (1) Delay in Publication of Annual Results for the year ended 31 December 2020 and Delay in Despatch of Annual Report (2) Postponement of Board Meeting and (3) Trading Suspension

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TRINITY LIMITED 利邦控股有限公司*

(Provisional Liquidators Appointed) (For Restructuring Purposes Only)

(Incorporated in Bermuda with limited liability)

(Stock Code: 891)

(1) DELAY IN PUBLICATION OF ANNUAL RESULTS

FOR THE YEAR ENDED 31 DECEMBER 2020 AND DELAY IN DESPATCH OF ANNUAL REPORT

(2) POSTPONEMENT OF BOARD MEETING

AND

(3) TRADING SUSPENSION

This announcement is made by the board of directors (the "Board") of Trinity Limited (the "Company", together with its subsidiaries, the "Group") in accordance with 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).

DELAY IN PUBLICATION OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 AND DELAY IN DESPATCH OF ANNUAL REPORT

Under Rules 13.49(1) and 13.46(2)(a) of the Listing Rules, the Company is required to publish the announcement in relation to the preliminary results of the Group for the year ended 31 December 2020 (the "2020 Annual Results") on a date no later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2021 and despatch its annual report for 2020 (the "2020 Annual Report") to the shareholders of the Company (the "Shareholders") on or before 30 April 2021. However due to (1) the ongoing Hong Kong and Bermuda winding up petitions; (2) the recent appointment of the joint and several provisional liquidators on a light touch basis for restructuring purposes only by the Supreme Court of Bermuda on 26 March 2021 (Bermuda time); and (3) the global outbreak of COVID-19, the Company is unable to make the announcement for the 2020 Annual Results and despatch the 2020 Annual Report to its Shareholders within the prescribed time in accordance with the Listing Rules.

The delay in the publication of the 2020 Annual Results and the despatch of the 2020 Annual Report, if materialised, will constitute non-compliance of Rules 13.49(1) and 13.46(2)(a) of the Listing Rules respectively. Notwithstanding this, the Board wishes to emphasise that the operation of the Group remains normal and that it will continue to work with the auditor closely with a view to publish the 2020 Annual Results as soon as possible.

POSTPONEMENT OF BOARD MEETING

Reference is made to the announcement of the Company dated 19 March 2021 in relation to the date of a meeting of the Board (the "Board Meeting") for the purposes of, among other matters, approving the 2020 Annual Results. Due to the delay in the publication of the 2020 Annual Results, the Board Meeting is accordingly postponed to another date to be fixed and announced by the Board.

Save as disclosed above, the Board is not aware of any other inside information that should be brought to the attention to the Shareholders.

TRADING SUSPENSION

As a result of the delay in publication of the 2020 Annual Results and pursuant to the requirements of Rule 13.50 of the Listing Rules, the Company will apply for the suspension of trading in its shares on The Stock Exchange of Hong Kong Limited with effect from 9:00 a.m. on 1 April 2021, pending the publication of the 2020 Annual Results.

The Company will publish further announcement(s) in due course to inform the Shareholders and potential investors of (i) the date of the Board Meeting to consider and approve the 2020 Annual Results; (ii) the date of release of the 2020 Annual Results; and (iii) the date of despatch of the 2020 Annual Report.

Shareholders and potential investors should exercise caution when dealing in the securities of the Company.

By Order of the Board

QIU Yafu

Chairman

Hong Kong, 30 March 2021

As at the date of this announcement, the Board comprises three executive directors, namely Ms SUN Weiying (Chief Executive Officer), Ms QIU Chenran and Ms SU Xiao; one non-executive director, namely Mr QIU Yafu (Chairman); and three independent non-executive directors, namely Mr YANG Dajun, Mr ZHAO Zongren and Mr KONG Xiangyong.

* For identification purposes only