DTXS Silk Road Investment : POSITIVE PROFIT ALERT

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: 620)

POSITIVE PROFIT ALERT

The board of directors (the ''Board'') of DTXS Silk Road Investment Holdings Company Limited (the ''Company'') and its subsidiaries (the ''Group'') makes this announcement pursuant to 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 under Part XIVA of the Securities and Future Ordinance (Cap. 571 of the Laws of Hong Kong).

The Board wishes to inform the shareholders of the Company (the ''Shareholders'') and potential investors that based on the preliminary review of the unaudited management accounts of the Group and currently available information to the Board, the Group may record a profit attributable to owners of the Company for the six months ended 30 June 2020 in a range of approximately HK$15 million to HK$30 million (excluding the fair value changes on investment properties) as compared with a profit of approximately HK$3 million for the same period last year. Such expected increase was mainly attributable to the collection of commission income from previous auctions held and increase in interest income from art financing business in the arts and cultural division during the period.

As the Company is in the process of finalizing the consolidated financial results of the Group for the six months ended 30 June 2020, the information contained in this announcement is only based on the preliminary assessment with reference to the information currently available to the management which has not been audited or reviewed by the Company's auditor. The Group's consolidated financial results and performance for the six months ended 30 June 2020 will be published by the end of August 2020.

- 1 -

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

By Order of the Board

DTXS Silk Road Investment Holdings Company Limited

Xu Lin

Executive Director and Executive Vice-chairman

Hong Kong, 21 August 2020

As at the date of this announcement, the Board comprises five Executive Directors, namely Mr. Lu Jianzhong (Chairman), Mr. Xu Lin (Executive Vice-chairman), Mr. Yang Xingwen, Mr. Lai Kim Fung (Co-Chief Executive Officer) and Mr. Wong Kwok Tung Gordon Allan (Deputy Chief Executive Officer); one Non-executive Director, namely Dr. Cheng Kar-Shun, Henry; and three Independent Non-executive Directors, namely Mr. Tse Yung Hoi, Mr. Kwok Chi Shing and Mr. Wang Shi.

- 2 -