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.

UPDATE ON WINDING UP PETITION

References are made to the announcements made by Freeman FinTech Corporation Limited (Provisional Liquidators Appointed) (the Company) dated 17 February 2020 and 27 May 2020 in relation to, among other things, the Petition (the "Announcements"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

As disclosed in the Companys announcement dated 27 May 2020, the hearing of the Petition against the Company has been adjourned to 6 August 2020. The Company wishes to update its shareholders that the High Court further adjourned the hearing of the Petition to 5 October 2020 at the adjourned hearing on 6 August 2020.

Further announcement(s) will be made by the Company to keep its shareholders and potential investors informed of any significant development in relation to the Petition, as and when appropriate, in accordance with the Listing Rules.

CONTINUED SUSPENSION OF TRADING

Trading in the shares of the Company on the Stock Exchange has been suspended with effect from 1:12 p.m. on 28 February 2020 and will remain suspended pending fulfilment of the Resumption Guidance and any supplement or modification thereto.

For and on behalf of

Freeman FinTech Corporation Limited

(Provisional Liquidators Appointed)

Lai Kar Yan (Derek)

Ho Kwok Leung Glen

Joint and Several Provisional Liquidators acting as agents without personal liability

Hong Kong, 7 August 2020

As at the date of this announcement, the Board comprises the following Directors:-

Executive Directors:

Independent Non-executive Directors:

Mr. Yau Pak Yue

Mr. An Dong

Mr. Fung Tze Wa

Mr. Wu Keli

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Freeman FinTech Corporation Limited published this content on 07 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2020 13:03:07 UTC