China Smarter Energy : (1) INSIDE INFORMATION; (2) DELAY IN PUBLICATION OF ANNUAL RESULTS AND POSSIBLE DELAY IN DESPATCH OF ANNUAL REPORT; (3) SUSPENSION OF TRADING AND (4) POSTPONEMENT OF BOARD MEETING

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.

CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED

中 國 智 慧 能 源 集 團 控 股 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 1004)

1. 1. INSIDE INFORMATION;
2. DELAY IN PUBLICATION OF ANNUAL RESULTS AND POSSIBLE DELAY IN DESPATCH OF ANNUAL REPORT;
3. 1. SUSPENSION OF TRADING

AND

(4) POSTPONEMENT OF BOARD MEETING

This announcement is made by China Smarter Energy Group 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").

DELAY IN PUBLICATION OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 AND POSSIBLE DELAY IN DESPATCH OF ANNUAL REPORT

Under Rules 13.49(1) and 13.46(2)(a) of the Listing Rules, the Company is required to publish the announcement in relation to the preliminary results of the Group for the year ended 31 December 2020 (the "2020 Annual Results") on a date no later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2021 and despatch its annual report for 2020 (the "2020 Annual Report") to the shareholders of the Company (the "Shareholders") on or before 30 April 2021. However, the Company is still in the process of providing certain information to the auditor of the Company, RSM Hong Kong (the "Auditor"), to complete the audit procedures and as such the Company is unable to make the announcement for the 2020 Annual Results within the prescribed time in accordance with the Listing Rules.

The delay in the publication of the 2020 Annual Results and the possible delay in despatch of the 2020 Annual Report, if materialised, will constitute non-compliance of Rules 13.49(1) and 13.46(2)(a) of the Listing Rules respectively. Notwithstanding this, the Board wishes to emphasise that the operation of the Group remains normal and that it will continue to work with the Auditor closely with a view to publish the 2020 Annual Results and despatch of 2020 Annual Report to the Shareholders of the Company as soon as possible.

• For identification purpose only

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TRADING SUSPENSION

As a result of the delay in publication of the 2020 Annual Results and pursuant to the requirements of Rule 13.50 of the Listing Rules, the Company will apply for the suspension of trading in its shares on The Stock Exchange of Hong Kong Limited with effect from 9:00 a.m. on 1 April 2021, pending the publication of the 2020 Annual Results. The Company will publish further announcement(s) in due course to inform the Shareholders and potential investors of (i) the date of the Board Meeting to consider and approve the 2020 Annual Results; (ii) the date of release of the 2020 Annual Results; and (iii) the date of despatch of the 2020 Annual Report.

POSTPONEMENT OF BOARD MEETING

Reference is made to the announcement of the Company dated 19 March 2021 in relation to the date of a meeting of the Board (the "Board Meeting") for the purposes of, among other matters, approving the 2020 Annual Results. Due to the delay in the publication of the 2020 Annual Results, the Board Meeting is accordingly postponed to another date to be fixed and announced by the Board.

The Company will keep the shareholders and the public informed of the development of the matter by making further announcement(s) as and when appropriate.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

China Smarter Energy Group Holdings Limited

Xu David Hua

Chairman and Chief Executive Officer

Hong Kong, 31 March 2021

As at the date of this announcement, Mr. Xu David Hua, Mr. Hu Hanyang, Mr. Weng Xiaoquan, Mr. Bo Dateng and Mr. Chen Xiaxuan are the executive directors of the Company; Mr. Chen Lei is the non-executive director of the Company; and Mr. Lam Cheung Mau, Mr. Pun Hau Man and Mr. Wang Yuzhou are the independent non-executive directors of the Company.

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