Ming Lam : RESUMPTION CONDITION AND DELAY IN PUBLICATION AND DESPATCH OF OUTSTANDING FINANCIAL STATEMENTS AND REPORTS

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.

MING LAM HOLDINGS LIMITED

銘 霖 控 股 有 限 公 司

(formerly known as Sino Haijing Holdings Limited 中國海景控股有限公司） (Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01106)

RESUMPTION CONDITION AND DELAY IN PUBLICATION AND

DESPATCH OF OUTSTANDING FINANCIAL STATEMENTS AND REPORTS

This announcement is made by Ming Lam Holdings Limited (the "Company" which together with its subsidiaries, the "Group") pursuant to Rule 13.09 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").

RESUMPTION CONDITION

On 20 June 2020, the Company received a letter from the Stock Exchange informing the Company the decision of the Stock Exchange to impose the following resumption condition (the "Further Resumption Condition"):

1. Publish all outstanding financial results required under the Listing Rules and address any audit modifications;
2. Have the winding-up petition (or winding up order, if made) against the Company withdrawn or dismissed; and
3. Inform the market of all material information for the Company's shareholders and investors to appraise its position.

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DELISTING FRAMEWORK UNDER THE GEM LISTING RULES

Under Rule 6.01A(1), the Exchange may cancel the listing of any securities that have been suspended from trading for a continuous period of 18 months. In the case of the Company, the 18-month period expires on 30 September 2021. Please take notice that if the Company fails to remedy the issue(s) causing its trading suspension, fully comply with the Rules to the Exchange's satisfaction and resume trading in its shares by 30 September 2021, the Listing Division will recommend the Listing Committee to proceed with the cancellation of the Company's listing. Under Rules 6.01 and 6.10, the Exchange also has the right to impose a shorter specific remedial period where appropriate.

CONTINUED SUSPENSION OF TRADING

Trading in the shares of the Company on the Stock Exchange has been suspended since 9:00 a.m. on 1 April 2020 due to the delay in publication of the annual results of the Company for the year ended 31 December 2019, and will continue to remain suspended until further notice.

By Order of the Board

Ming Lam Holdings Limited

Li Zhenzhen

Chairman

Hong Kong, 29 July 2020

As at the date of this announcement, the Board comprises of Ms. Li Zhenzhen, Mr. Lam Wai Hung, Mr. Wang Xin, Mr. Wei Liyi and Mr. Chui Kwong Kau as executive Directors; and Mr. Lee Tao Wai and Lam Hoi Lun as independent non-executive Directors.

This announcement is published on the HKEXnews website at http://www.hkexnews.hk and on the website of the Company at http://www.1106hk.com.

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