Glorious Property : POSTPONEMENT OF BOARD MEETING

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Glorious Property Holdings Limited 恒盛地產控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 00845)

POSTPONEMENT OF BOARD MEETING

Reference is made to the announcement of Glorious Property Holdings Limited (the "Company") dated 9 March 2021 in relation to the convening of a meeting of the board of directors (the "Board") of the Company to be held on Tuesday, 30 March 2021 for the purposes of, among other matters, approving the release of the final results announcement of the Company and its subsidiaries for the year ended 31 December 2020 and considering the recommendation on the payment of a final dividend, if any.

The Board hereby announces that as additional time is required for finalising the consolidated annual results of the Company and its subsidiaries for the year ended 31 December 2020, the meeting of the Board is re-scheduled to be held on Wednesday, 31 March 2021 to consider the various matters set out above.

By order of the Board

Glorious Property Holdings Limited

Cheng Ka Hang, Francis

Company Secretary

Hong Kong, 26 March 2021

As at the date of this announcement, the executive Directors of the Company are Messrs. Ding Xiang Yang (Mr. Cheng Ka Hang, Francis as his alternate), Xia Jing Hua and Yan Zhi Rong; the independent non-executive Directors of the Company are Prof. Liu Tao, Dr. Hu Jinxing and Mr. Han Ping.