China All Access : THREE DEEMED DISPOSAL TRANSACTIONS IN RELATION TO ONE PARTICULAR SUBSCRIBER

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)

THREE DEEMED DISPOSAL TRANSACTIONS IN RELATION

TO ONE PARTICULAR SUBSCRIBER

DELAY IN DESPATCH OF CIRCULAR IN RELATION TO THE DEEMED DISPOSAL OF INTEREST IN ALL ACCESS GLOBAL LIMITED

Reference is made to the announcement (the "Announcement") of China All Access (Holdings) Limited (the "Company") dated 11 February 2020 in relation to the Deemed Disposal which constitutes a very substantial disposal of the Company under the Listing Rules. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement. As stated in the Announcement, a circular (the "Circular") containing, among other things, (i) details of the Subscription Agreement; (ii) other information required to be disclosed under the Listing Rules; and (iii) a notice of the EGM, will be despatched by the Company to the Shareholders on or before 29 May 2020.

However, the pandemic outbreak of COVID-19 drove the government in Hong Kong and the PRC to impose various kinds of lockdown measures. It disabled the subscriber's funding, being deposited in the PRC, to be verified by any authorized persons who are located in Hong Kong and overseas. As a result, the process of liquidating cash assets required for the subscription is on hold until further notice. In view of this situation, the Circular is yet to be prepared to avoid any unnecessary fees incurred.

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DELAY IN COMPLETION OF (1) THE DEEMED DISPOSAL OF INTEREST IN SHENZHEN LEAD AND (2) THE DEEMED DISPOSAL OF INTEREST IN CHINA ALL ACCESS SCIENCE AND ENGINEERING TECHNOLOGY DEVELOPMENT LIMITED

Reference is made to the circular of the Company dated 31 December 2019 and the announcements of the Company dated 26 November 2019 and 21 January 2020 respectively in relation to, among others, the Capital Injection.

Reference is also made to the circular of the Company dated 23 January 2020 and the announcements of the Company dated 3 January 2020 and 17 February 2020 in relation to, among others, the Subscription. Terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

However, the pandemic outbreak of COVID-19 drove the government in Hong Kong and the PRC to impose various kinds of lockdown measures. It disabled the subscriber's funding, being deposited in the PRC, to be verified by any authorized persons who are located in Hong Kong and overseas. As a result, the process of liquidating cash assets required for the subscription is on hold until further notice. The deemed disposals of interest in (1) Shenzhen Lead and (2) SETD (together as "Deemed Disposals") were not completed as at the date of this announcement pending successful share subscription registration in both the PRC and Hong Kong respectively.

As of today, no supplementary agreement has been entered into between the Company and the Subscriber.

The Company will make further announcements to update Shareholders as to the development of the Deemed Disposals as and when appropriate. Further announcement will be made by the Company upon Completion.

By order of the Board

China All Access (Holdings) Limited

Shao Kwok Keung

Chief Executive Officer

Hong Kong, 15 September 2020

As at the date of this announcement, the executive Directors are Mr. Chan Yuen Ming and Mr. Shao Kwok Keung; the non-executive Director is Mr. Bao Tiejun; 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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