China Sandi : RESIGNATION OF DIRECTORS AND CHANGE OF COMPOSITION OF BOARD COMMITTEES

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CHINA SANDI HOLDINGS LIMITED

中 國 三 迪 控 股 有 限 公 司

(incorporated in Bermuda with limited liability)

(Stock Code: 910)

RESIGNATION OF DIRECTORS

AND

CHANGE OF COMPOSITION OF BOARD COMMITTEES

The board (the "Board") of directors (the "Directors") of China Sandi Holdings Limited (the "Company") announces that with effect from 30 September 2019, (i) Dr. Wong Yun Kuen ("Dr. Wong") has resigned as a non-executive Director, and (ii) Mr. Yu Pak Yan, Peter ("Mr. Yu") has resigned as an independent non-executive Director as they would like to focus on their other business and personal affairs. Following his resignation, Mr. Yu has ceased to be the chairman and a member of the Remuneration Committee, a member of the Audit Committee and Nomination Committee of the Company.

Each of the resigning Directors has confirmed to the Board that in relation to the respective resignation (i) there is no claim against the Company; (ii) there is no disagreement with the Board; and (iii) there is no matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude towards Dr. Wong and Mr. Yu for their valuable contribution to the Company during their tenure of service.

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The Board would also like to announce that Ms. Ma Shujuan, an independent non- executive Director of the Company, has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee with effect from 30 September 2019. The biographical details of Ms. Ma Shujuan have been disclosed in the 2018 annual report of the Company dated 26 April 2019.

By order of the Board

China Sandi Holdings Limited

Guo Jiadi

Chairman

Hong Kong, 30 September 2019

As at the date of this announcement, the Board comprises Mr. Guo Jiadi, Ms. Amika Lan E Guo and Mr. Wang Chao, being the executive Directors; Mr. Chan Yee Ping, Michael, Mr. Zheng Yurui, and Ms. Ma Shujuan being the independent non-executive Directors.

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