Global Bio chem Technology : Announcements and Notices - Very Substantial Disposal Delay in Despatch of Circular in Relation to the Disposal of Lands and Buildings in Changchun Disposal of Accounts Receivables, Inventories and tools

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.

大 成 生 化 科 技 集 團 有 限 公 司 *

(incorporated in the Cayman Islands with limited liability)

As additional time is required for the inclusion of further information in the Circular, it is expected that the Circular will be despatched on or before 27 May 2016.

Reference is made to the joint announcement (the "Announcement") of Global Bio-chem Technology Group Company Limited (the "Company") and Global Sweeteners Holdings Limited dated 14 April 2016. Unless the context otherwise requires, capitalised terms used in this announcement have the same meanings as those defined in the Announcement.

As stated in the Announcement, a circular (the "Circular") containing, among others, details of the Property Disposal Agreements, the Asset Disposal Agreements and the respective transactions contemplated thereunder, a valuation report in respect of the Relevant Properties, together with a notice convening the extraordinary general meeting of the Company, will be despatched to the shareholders of the Company on or before 6 May 2016.

As additional time is required for the inclusion of further information in the Circular, it is expected that the Circular will be despatched on or before 27 May 2016.

By order of the Board

Chairman

Hong Kong, 6 May 2016

As at the date of this announcement, the board of directors of the Company comprises four executive directors, namely Ms. Wang Qiu, Mr. Wang Jian, Mr. Li Shuguang and Ms. Liu Fang; two non-executive directors, namely Mr. Qiu Zhuang and Mr. Xing Lizhu; and three independent non-executive directors, namely Ms. Chiu Lai Ling Shirley, Mr. Ng Kwok Pong and Mr. Yeung Kit Lam.

* for identification purpose only