Hong Kong Finance Investment : FURTHER DELAY IN PUBLICATION OF ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 AND DELAY IN DESPATCH OF 2020 ANNUAL REPORT

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(Incorporated in Bermuda with limited liability)

(Stock Code: 7)

FURTHER DELAY IN PUBLICATION OF

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

Reference is made to the announcement ("Delay Results Announcement") of Hong Kong Finance Investment Holding Group Limited ("Company", together with its subsidiaries, "Group") dated 31 March 2021 in relation to delay in publication of the announcement ("2020 Annual Results Announcement") of annual results of the Group for the year ended 31 December 2020 and postponement of board meeting. Capitalised terms used herein shall have the same meanings as those defined in the Delay Results Announcement unless defined otherwise.

The Board announces that as additional time is required for the Company to gather further information for the Auditors to perform and complete their audit procedures, the publication of the 2020 Annual Results Announcement will be further delayed. Accordingly, the date of the Board Meeting for the purpose of, among other things, considering and approving the 2020 Annual Results Announcement and its publication is further postponed to the end of this month. The despatch of the annual report of the Company for the year ended 31 December 2020 ("2020 Annual Report") will also be delayed to the end of this month.

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Pursuant to Rules 13.46(2) and 13.49(1) of the Listing Rules, the Company is required to despatch the 2020 Annual Report to its shareholders on or before 30 April 2021 and publish the 2020 Annual Results Announcement on or before 31 March 2021 respectively. The Board acknowledges that the delay in despatch of the 2020 Annual Report and the publication of the 2020 Annual Results Announcement will constitute non-compliance with Rules 13.46(2) and 13.49(1) of the Listing Rules.

The Company will issue further announcement to inform the shareholders of the Company should the date of the Board Meeting, the publication date of the 2020 Annual Results Announcement and the date of despatch of the 2020 Annual Report be determined. Trading in the shares of the Company on the Stock Exchange has been suspended since 9:00 a.m. on 1 April 2021 and will remain suspended until further notice.

By order of the Board of

Hong Kong Finance Investment Holding Group Limited

Fu Wing Kwok Ewing

Company Secretary

Hong Kong, 7 May 2021

As at the date of this announcement, the Honorary Chairman and Senior Consultant of the Company is Dr. Yukio Hatoyama; the senior consultants of the Company comprise Dr. Wang Tao, Mr. Fu Chenyu and Mr. Lalaharisaina Joelivalerien; the Board comprises seven executive Directors, namely, Dr. Hui Chi Ming, G.B.S., J.P., Mr. Neil Bush, Mr. Cao Yu, Mr. Xu Jun Jia, Mr. Lam Kwok Hing, M.H., J.P., Mr. Nam Kwok Lun and Mr. Hui Ngok Lun; and three independent non-executive Directors, namely, Mr. Ngan Kam Biu, Stanford, Mr. Tam Chak Chi and Mr. Ma Kin Ling.

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