China LotSynergy : • Retirement of Director at Annual General Meeting

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(Stock Code: 1371)

The Board of Directors (the "Board") of China LotSynergy Holdings Limited (the "Company", together with its subsidiaries, collectively referred to as the "Group") announces that Mr. HOONG Cheong Thard ("Mr. Hoong") has decided not to stand for re-election after his retirement by rotation at the forthcoming annual general meeting of the Company which is scheduled to be held on 1 June 2017 (the "AGM") as he desires to devote more time to his other business commitments. Hence, Mr. Hoong will cease to be the Non-executive Director of the Company with effect from the conclusion of the AGM.

Mr. Hoong has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its great appreciation and sincere gratitude to Mr. Hoong for his valuable efforts and contributions to the Company during his tenure of office.

Reference is made to the Company's circular (the "Circular"), notice of the AGM (the "AGM Notice") and proxy form (the "Proxy Form") all dated 26 April 2017 and the annual report 2016 (the "Annual Report") of the Company. It was stated in the Circular and the Annual Report that Mr. Hoong would retire by rotation and would offer himself for re-election as Director at the AGM. As a result of Mr. Hoong's decision not to stand for re-election at AGM, the ordinary resolution no. 2(ii) in respect of the re-election of Mr. Hoong as a director of the Company as set out in the Circular, the AGM Notice and the Proxy Form is no longer applicable and will not be put forward for consideration and approval by shareholders of the Company at the AGM. Save for the abovementioned changes, all information and content as set out in the Circular, the AGM Notice and the Proxy Form remain unchanged. The Proxy Form shall remain valid except that no poll will be taken or counted for ordinary resolution no. 2(ii).

By order of the Board

Chairperson of the Board

Hong Kong, 26 May, 2017

As at the date of this announcement, the Board comprises Ms. LAU Ting, Mr. WU Jingwei, Ms. CHAN Tan Na, Donna and Mr. LI Zi Kui as Executive Directors; Mr. HOONG Cheong Thard as a Non-executive Director; and Mr. HUANG Shenglan, Mr. CHAN Ming Fai and Mr. CUI Shuming as Independent Non-executive Directors.

* For identification purposes only