China Baoli Technologies : DATE OF BOARD MEETING AND PUBLICATION OF AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2020

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China Baoli Technologies Holdings Limited

中國寶力科技控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 164)

DATE OF BOARD MEETING

AND

PUBLICATION OF AUDITED ANNUAL RESULTS

FOR THE YEAR ENDED 31 MARCH 2020

References are made to (i) the announcement of China Baoli Technologies Holdings Limited (the "Company") dated 24 June 2020 in relation to a meeting of the board (the "Board") of directors (the "Director(s)") of the Company to be held on 30 June 2020 for the purpose of, among other matters, approving the announcement of the unaudited annual results of the Company and its subsidiaries (the "Group") for the year ended 31 March 2020; (ii) the announcement of the Company dated 30 June 2020 in relation to the unaudited annual results of the Group for the year ended 31 March 2020; (iii) the announcement of the Company dated 21 July 2020 in relation to a meeting of the Board to be held on Friday, 31 July 2020 for the purpose of, among other matters, approving the announcement of the audited annual results of the Group for the year ended 31 March 2020 (the "Audited Annual Results"); and (iv) the announcement of the Company dated 30 July 2020 in relation to the delay in publication of Audited Annual Results and despatch of 2019-20 annual report of the Company (the "Announcements").

As disclosed in the Announcements, in light of the suspension of work, quarantine measures and travel restrictions imposed due to the outbreak of the novel coronavirus (COVID-19) epidemic, the audit process of the financial statements of the Group for the year ended 31 March 2020 has been affected.

The Board hereby announces that a meeting of the Board will be held on Friday, 21 August 2020 for the purpose of, among other matters, approving the announcement of the Audited Annual Results and considering the recommendation on the payment of a final dividend (if any).

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CONTINUED SUSPENSION OF TRADING

At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on 2 July 2019 and will remain suspended until further notice pending the fulfilment of the resumption conditions.

By order of the Board

China Baoli Technologies Holdings Limited

Zhang Yi

Chairman

Hong Kong, 11 August 2020

As at the date of this announcement, the executive Directors are Mr. Zhang Yi (Chairman), Ms. Chu Wei Ning (Chief Executive Officer) and Ms. Lam Sze Man; and the independent non-executive Directors are Mr. Chan Fong Kong, Francis, Mr. Chan Kee Huen, Michael and Mr. Feng Man.

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