Tianli : VOLUNTARY ANNOUNCEMENT - RECENT DEVELOPMENT OF LAWSUITS INITIATED BY THE GROUP

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TIANLI HOLDINGS GROUP LIMITED

天利控股集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 117)

VOLUNTARY ANNOUNCEMENT

RECENT DEVELOPMENT OF LAWSUITS INITIATED

BY THE GROUP

This announcement is made by Tianli Holdings Group Limited (the "Company", together with its subsidiaries, the "Group") on a voluntary basis.

Reference is made to the announcement of the Company dated 30 November 2020 (the

"Previous Announcement") in relation to the 20 lawsuits (the "Lawsuits") initiated by the Group against Guangdong Weirong Electronic Technology Co., Ltd.*（廣東微容電子科技有 限公司, "Guangdong Weirong"), Shenzhen Weirong Electronic Co., Ltd.*（深圳微容電子 有限公司）and Shenzhen Weirong Electronic Components Co., Ltd.*（深圳市微容電子元器 件有限公司）(collectively, the "Defendants") to claim its rights in relation to two invention patents and 18 utility model patents in the Multi-Layer Ceramic Chips ("MLCC") production

process (the "Patents"). Unless the context otherwise requires, the capitalised terms used herein shall have the same meanings as defined in the Previous Announcement.

On 21 April 2021, the Company has received a notice from the Guangzhou Intellectual Property Court（廣州知識產權法院, the "Court") that the Court has set the trial date for the 11 Lawsuits filed against Guangdong Weirong to be 30 June 2021. In addition, the Court

also ruled favourably of the Group's application and ordered to seize and freeze Guangdong Weirong's Patents named in the Lawsuits from 3 March 2021 to 3 March 2024 for property preservation purpose.

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The Company will make further announcement in due course to inform its shareholders of the progress. Furthermore, the Company may take further actions against the Defendants and their controlling person Mr. Weirong Chen for other suspected infringements to defend the interests of the Company and its shareholders.

• Unofficial English translation denotes for identification purpose only

By order of the Board

Tianli Holdings Group Limited

Zhou Chunhua

Chairman

Hong Kong, 23 April 2021

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Zhou Chunhua (Chairman), Mr. Pan Tong (Chief Executive Officer), Mr. Chou, Benjamin Bang Yi, and Ms. Du Weilin; and three independent non-executive Directors, namely Mr. Chu Kin Wang, Peleus, Mr. David Tsoi and Mr. Xu Xuechuan.

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