Goldstone Investment : VOLUNTARY ANNOUNCEMENT LATEST BUSINESS DEVELOPMENT

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GOLDSTONE INVESTMENT GROUP LIMITED ږͩҳ༟ණྠϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 901)

VOLUNTARY ANNOUNCEMENT LATEST BUSINESS DEVELOPMENT

This announcement is made by Goldstone Investment Group Limited (the "Company", together with its subsidiaries, the "Group") on a voluntary basis for the purpose of updating the shareholders of the Company (the "Shareholders") and potential investors on the latest business development of the Group.

Initiate the establishment of or co-operate with already listed SPAC

The Group intends to initiate the establishment of Special Purpose Acquisition Company (the "SPAC") or co-operate with already listed SPAC, and is negotiating the co-operation matters with relevant intermediaries. Currently, the initial sectors that we have identified are bio-medicine, health and medical care, new energy, fintech, game community entertainment and others.

The Board of Directors believes that the initiation of the establishment of SPAC will enrich the Group's investment and financing channels, and is expected to bring new investment opportunities to the Group, as well as maximizing the Group's business resources and advantages. The Directors consider that the initiation of SPAC is consistent with the Company's development strategy.

The Board wishes to emphasise that, as at the date of this announcement, the parties have not entered into a legally binding agreement in relation to new business activities. If new business activities materialise, the Company will make further announcements as and when appropriate in accordance with the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Goldstone Investment Group Limited ږͩҳ༟ණྠϞࠢʮ̡

Dr. Xiao Yanming

Chairman

Hong Kong, 8 March 2021

As at the date of this announcement, the Board comprises seven Directors. The executive Director is Dr. Xiao Yanming; the non-executive Directors are Mr. Tung Shu Sun, Ms. Li Ye and Mr. Wong Tsz Wai; and the independent non-executive Directors are Mr. Lai Kim Fung, Ms. Wang Zhongqiu and Mr. Wong Yiu Kit, Ernest.