SMI : CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

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.

CHANGE OF COMPANY SECRETARY AND

AUTHORISED REPRESENTATIVE

The board (the "Board") of directors ("Directors") of SMI Holdings Group Limited (the "Company") announces that Mr. Luk Chi Shing ("Mr. Luk") has tendered his resignation as

1. the company secretary of the Company (the "Company Secretary"); and (ii) an authorised representative of the Company (the "Authorised Representative") pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and (iii) an authorised representative of the Company for accepting on the Company's behalf service of process or notice to be served on the Company in Hong Kong under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), with effect from 28 November 2019. Mr. Luk confirmed that he has no disagreements with the Board and there is no matter in relation to his resignation that needs to be brought to the attention to The Stock Exchange of Hong Kong Limited and the shareholders of the Company.

The Board is pleased to announce that Mr. Kam Chi Sing ("Mr. Kam") has been appointed as the Company Secretary and the Authorised Representative with effect from 28 November 2019. Mr. Kam has over 19 years of CPA practising experience in Hong Kong. Mr. Kam is a fellow member of The Association of Chartered Certified Accountants, The Hong Kong Institute of Certified Public Accountants, The Institute of Financial Accountants in the United Kingdom, The Taxation Institute of Hong Kong and The Hong Kong Institute of Directors. Mr. Kam is also a member of The Society of Trust and Estate Practitioners and The Hong Kong Securities and Investment Institute and founding member of The Hong Kong Independent Non-executive Director Association.

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The Board would like to take this opportunity to express its sincere gratitude to Mr. Luk for his valuable contributions to the Company during his tenure of services and to express its warmest welcome to Mr. Kam on his new appointment.

By order of the Board of

SMI Holdings Group Limited

Kenneth Jack Shang

Executive Director

Hong Kong, 27 November 2019

As at the date of this announcement, the Board comprises seven Directors, including Mr. Kenneth Jack Shang and Mr. Zhang Yong as executive Directors, Mr. Jason Chia-Lun Wang and Mr. Peter Torben Jensen as non-executive Directors and Mr. Pang Hong, Mr. Li Fusheng and Mr. Wong Shui Yeung as independent non-executive Directors.

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