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.

FREEMAN FINTECH CORPORATION LIMITED

民 眾 金 融 科 技 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 279)

SUSPENSION OF TRADING

AND

APPOINTMENT OF PROVISIONAL LIQUIDATORS OF THE COMPANY

IN HONG KONG

This announcement is made by Freeman FinTech Corporation Limited (the "Company") pursuant to Rule 13.09 and 13.25 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Stock Exchange"), and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

APPOINTMENT OF PROVISIONAL LIQUIDATORS OF THE COMPANY IN HONG KONG

On 28 February 2020, the High Court of the Hong Kong Special Administrative Region (the "High Court") ordered that Messrs. Lai Kar Yan (Derek) and Ho Kwok Leung Glen of Deloitte Touche Tohmatsu be appointed as provisional liquidators of the Company with power to act jointly and severally until the determination of the petition filed on 10 May 2019 or further order of the High Court.

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SUSPENSION OF TRADING

At the request of the Company, trading in the Company's shares on the Stock Exchange has been suspended with effect from 1:12 p.m. on 28 February 2020. Trading in the shares of the Company will remain suspended until further notice.

For and on behalf of

Freeman FinTech Corporation Limited

(Provisional Liquidators Appointed)

Lai Kar Yan (Derek)

Ho Kwok Leung Glen

Joint and Several Provisional Liquidators acting as agents without personal liability

Hong Kong, 28 February 2020

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

Executive Directors:

Independent Non-executive Directors:

Mr. Ye Ye (Chairman)

Mr. An Dong

Mr. Wong Xiang Hong (Chief Executive Officer)

Mr. Fung Tze Wa

Mr. Yang Haoying

Mr. Wu Keli

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Freeman FinTech Corporation Limited published this content on 28 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2020 14:10:03 UTC