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.

VESTATE GROUP HOLDINGS LIMITED

國投集團控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1386)

UPDATE ON WINDING UP PETITION

References are made to the announcements of Vestate Group Holdings Limited (the "Company") dated 15 September 2020, 4 December 2020, 9 December 2020, 8 January 2021, 13 January 2021, and 18 January 2021 (the "Announcements") respectively in relation to, among others, the Petition. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in Announcements. The board (the "Board") of directors (the "Directors") of the Company would like to update that, at the hearing on 19 April 2021, the Court ordered that the hearing of the Petition be further adjourned to 9:30 a.m. on Monday, 26 July 2021.

The Company will keep its shareholders and investors informed of any significant development of the Petition and the Scheme and will make further announcement(s) as and when appropriate in accordance with the Listing Rules.

By order of the Board

Vestate Group Holdings Limited

ZHU Xiaojun

Chairman

Hong Kong, 19 April 2021

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

Executive Directors:

Independent non-executive Directors:

Mr. ZHU Xiaojun

Mr. YU Lei

Ms. CAI Jiaying

Mr. CHAI Guoqiang

Mr. YIN Wansun

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Vestate Group Holdings Limited published this content on 19 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 01:27:13 UTC.