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.

(in provisional liquidation)

(for restructuring purposes only)

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 509)

UPDATE ON POSSIBLE DEBT RESTRUCTURING

Reference is made to the announcements of Century Sunshine Group Holdings Limited (in provisional liquidation) (for restructuring purposes only) (the "Company", together with its subsidiaries, the "Group") dated 3 July 2020, 8 July 2020, 9 July 2020, 15 July 2020, 11 August 2020, 24 August 2020, 31 August 2020, 8 October 2020 and 16 October 2020 (the "Announcements") in relation to, among other things, the winding up petition (the "Petition") and application for the appointment of "light touch" joint provisional liquidators for debt restructuring purposes. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.

The Company would like to announce that the Grand Court has further ordered that the hearing of the Petition be adjourned to be heard on 20 October 2021 (Wednesday) at 9:00 a.m. (Cayman Islands time).

Further announcement(s) will be made by the Company to update the shareholders and potential investors of the Company when and as appropriate.

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Shareholders and potential investors of the Company should exercise caution when they deal or contemplate dealing in the Shares or other securities of the Company.

By Order of the Board

Century Sunshine Group Holdings Limited

(in provisional liquidation)

(for restructuring purposes only)

Shum Sai Chit

Executive Director

Hong Kong, 20 April 2021

As at the date of this announcement, the Directors are:

Executive Directors

:

Mr. Chi Wen Fu, Mr. Shum Sai Chit and Mr. Chi Jing Chao

Non-executive Director

:

Mr. Guo Mengyong

Independent Non-executive Directors

:

Mr. Cheung Sound Poon, Mr. Sheng Hong and Mr. Lau Chi Kit

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Century Sunshine Group Holdings Limited published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 07:04:08 UTC.