China All Access : INSIDE INFORMATION - (1) DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS AND DESPATCH OF THE 2020 ANNUAL REPORT; (2) POSTPONEMENT OF BOARD MEETING; AND (3) SUSPENSION OF TRADING

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.

中 國 全 通 (控 股) 有 限 公 司

CHINA ALL ACCESS (HOLDINGS) LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 633)

INSIDE INFORMATION

1. DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS AND DESPATCH OF THE 2020 ANNUAL REPORT;
2. 1. POSTPONEMENT OF BOARD MEETING; AND
   2. 1. SUSPENSION OF TRADING

This announcement is made by China All Access (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rules 13.09(2)(a) and 13.49(3)(i) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

Reference is made to the announcements (the "Previous Announcements") of the Company issued on 29 January 2021 in relation to the audited annual results of the Group for the year ended 31 December 2020 (the "2020 Annual Results"). Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as those defined in the Previous Announcements.

DELAY IN PUBLICATION OF THE ANNOUNCEMENT IN RELATION TO THE 2020 ANNUAL RESULTS AND THE DESPATCH OF THE 2020 ANNUAL REPORT

Pursuant to Rule 13.49(1) and 13.46(2)(a) of the Listing Rules, the Company is required to publish an announcement in relation to its preliminary results in respect of the 2020 Annual Results not later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2021, and to send the annual report for the same period (the "2020 Annual Report") to the shareholders of the Company

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on or before 30 April 2021. Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2020 Annual Results shall be based on the Company's financial statements for the year ended 31 December 2020 which shall have been agreed with the auditor.

The Board of the Company wishes to announce that the date of the publication of the announcement in relation to the 2020 Annual Results will be delayed from 31 March 2021 as stated in the Previous Announcements, as additional time is required in order to obtain further information required by the Company and the auditors of the Company in connection with, among others, the audit work on (1) assessment of going concern as there are two winding up petitions in place and more time is required to work out settlement arrangements with the petitioners; (2) assessment and valuation of the consideration receivable in respect of the disposal of Hebei Noter as the pledged assets are stored in an overseas location where site inspection cannot be carried out due to lockdown measures in the midst of COVID-19; (3) valuation of the property, plant and equipment located in Malaysia where site inspection cannot be carried out due to lockdown measures in the midst of COVID-19. The Board acknowledges that any delay in publishing the announcement in relation to the 2020 Annual Results will constitute non-compliance with Rule 13.49(1) of the Listing Rules. Discussions with the auditors of the Company are ongoing and the Board and the management of the Company are doing their utmost to assist and cooperate with the auditors of the Company so that the 2020 Annual Results can be available as soon as practicable.

In view of the fact that the audit work did not progress as we expected, we have updated our detail audit plan which covers completion of audit of valuations, including auditor's expert review of the valuations on or before 6 August 2021; and finalization of the consolidated financial statements on or before 20 August 2021. Subject to no unforeseen circumstances and assuming that the audit work will be completed in time and communications to the Audit Committee on the annual audit can be completed on or before 27 August 2021, the announcement relating to the Group's 2020 Annual Results as agreed with the Company's auditor will be published on 31 August 2021 and the Company's annual report for the year ended 31 December 2020 will be published on 31 August 2021.

Rule 13.49(3) of the Listing Rules provides that where an issuer is unable to issue its preliminary results in accordance with Rules 13.49(1) and (2) of the Listing Rules, it must announce its results based on the financial results that have yet to be agreed with the auditor (so far as the information is available). The Board, after due and careful consideration, is of the view that it would not be appropriate for the Company to publish the unaudited management accounts of the Company for the 2020 Annual Results at this stage as it may not accurately reflect the financial performance and position of the Company.

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The Company will make further announcement(s) to provide updates on the above matters as and when appropriate in accordance with the Listing Rules and the SFO.

POSTPONEMENT OF THE BOARD MEETING

In light of the delay in the publication of the 2020 Annual Results, the Board meeting in respect of reviewing and approving, among other matters, the 2020 Annual Results will be postponed. The Company will continue to work with the auditors to complete the audit work as soon as practicable and will publish further announcement(s) to inform the shareholders of the Company of the date of the Board meeting as and when appropriate.

SUSPENSION OF TRADING

Pursuant to Rule 13.50 of the Listing Rules, The Stock Exchange of Hong Kong Limited (the "Stock Exchange") will normally require suspension of trading in an issuer's securities if an issuer fails to publish periodic financial information in accordance with the Listing Rules, and the suspension will normally remain in force until the issuer publishes an announcement containing the requisite financial information. Accordingly, trading in the shares of the Company on the Stock Exchange is currently expected to be suspended with effect from 9:00 a.m. on 1 April 2021 until the publication of the announcement in relation to the 2020 Annual Results by the Company.

Shareholders and potential investors of the Company are advised to exercise

caution when dealing in the shares of the Company.

By order of the Board

China All Access (Holdings) Limited

Shao Kwok Keung

Chief Executive Officer

Hong Kong, 31 March 2021

As at the date of this announcement, the executive Directors are Mr. Chan Yuen Ming and Mr. Shao Kwok Keung and the independent non-executive Directors are Mr. Wong Che Man Eddy, Mr. Lam Kin Hung Patrick and Mr. Tam Sui Kwan.

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