Heng Tai Consumables : DELAY IN DESPATCH OF CIRCULAR

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.

HENG TAI CONSUMABLES GROUP LIMITED

亨泰消費品集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 00197)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of the Company dated 28 August 2020 (the "Announcement") in relation to, among other things, the proposed extension of the maturity date of Bond. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular (the "Circular") containing, inter alia, further details of the Supplemental Agreement and the transactions contemplated thereunder and a notice of the EGM will be despatched to the Shareholders not later than 15 September 2020.

As additional time is required to prepare and finalise certain information, in particular to the financial information of the Group, to be included in the Circular, it is expected that the despatch date of the Circular will be postponed to a date not later than 18 September 2020.

On behalf of the Board

Heng Tai Consumables Group Limited

Lam Kwok Hing

Chairman

Hong Kong, 15 September 2020

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Lam Kwok Hing (Chairman), Ms. Lee Choi Lin, Joecy, Ms. Gao Qin Jian and Mr. Chan Cheuk Yu, Stephen; and three independent non-executive directors, namely Ms. Mak Yun Chu, Mr. Poon Yiu Cheung, Newman and Mr. Hung Hing Man.