Trigiant : VOLUNTARY ANNOUNCEMENT - EXPECTED SUCCESSFUL BID FOR CENTRALISED E-COMMERCE PROCUREMENT PROJECT IN 2019 WITH CHINA TOWER CORPORATION LIMITED ("CHINA TOWER")

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TRIGIANT GROUP LIMITED

俊 知 集 團 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1300)

VOLUNTARY ANNOUNCEMENT -

EXPECTED SUCCESSFUL BID FOR

CENTRALISED E-COMMERCE PROCUREMENT PROJECT IN 2019 WITH CHINA TOWER CORPORATION LIMITED (''CHINA TOWER'')

This is a voluntary announcement made by Trigiant Group Limited (''Company'', together with its subsidiaries, the ''Group'').

The board of directors of the Group is pleased to announce that, on 23th September 2019, China Tower announced the Year 2019 Centralised E-commerce Procurement Project for Power Cable and Feeder Cable Products through the online business platform (www.tower.com.cn) (the ''bidding results notice''), the fully-owned subsidary of the Group, Jiangsu Trigiant Technology Co., Ltd. (hereinafter referred to as ''Trigiant Technology'') is the relevant successful bidder. The details of the expected successful bid are as follows:

1. China Tower Year 2019 Centralised E-commerce Procurement Project for Power Cable Products: Trigiant Technology is expected to receive the allocated winning quota of 2,232 kilometers with the winning amount of approximately RMB63,800,000 (excluding tax of approximately RMB56,460,000);
2. China Tower Year 2019 Centralised E-commerce Procurement Project for Feeder Cable Products: Trigiant Technology is expected to receive the allocated winning quota of 4,724 kilometers with the winning amount of approximately RMB28,609,000 (excluding tax of approximately RMB25,318,000);

• For identification purpose only

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China Tower is one of the Group's existing major customers. We estimate that the total amount of the winning bid of power cable products and feeder cable products is approximately RMB92,409,000 (excluding tax of approximately RMB81,778,000). As compared with the total sales of Trigiant Technology's direct sales incurred to China Tower in 2018, the total winning amount (excluding tax) represents an increase of 767% and will have a positive impact on the Group's future operating results.

The notice period of the bidding results notice, which lasts from 23 September 2019 to 25 September 2019, was closed. To this date, Trigiant Technology has not yet obtained the bid- winning letter, and has not signed a procurement contract with China Tower. The signing and terms of a prospective contract remain uncertain, and the project implementation is subject to the final signed contract. Investors are advised to exercise caution in making decisions and take precautions against investment risks.

On behalf of the Board

Trigiant Group Limited

Qian Lirong

Chairman

Hong Kong, 2 October 2019

As at the date of this announcement, the Board comprises the following members:

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