Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limi ted take no responsibility for the contents of this announcement, make no representation as to its accuracy or co mpleteness 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.

BOSHIWA INTERNATIONAL HOLDING LIMITED 博士蛙國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1698) FURTHER DELAY IN RESULTS ANNOUNCEMEN TS AND UPDATE ON RECENT DEVELOPMENT OF SUSPENSION OF TRADING

References are made to the announcements of the Company dated 15
March, 23 May, 7
November, 8 November and
7 December 2012, 7 January, 8 February, 15 March, 28
March, 26 April, 15 May, 31 May, 19 June, 30 August, 13 November and 31 December
2013, 14
March ,
31 March, 15 April and 16 June 2014 in relation
to, amongst other
things, resignation of auditor, delay in publication of annual results and dispatch of annual
report for the year ended 31 December 2011,
appointment of auditor, conditions for
resumption of trading, delay in publication of annual results and dispatch of annual report for the year ended 31 December 2012, change in auditors, updates on recent development
of suspension of
trading, and delay in publication of interim results and dispatch of
interim report for the six months ended 30 June 2013, and delay in publication of annual
results and dispatch of annual report for the
year ended 31 December
2013 (the
"Announcements"). Unless otherwise defined, capitalized terms have the same meanings as defined in the Announcements.



As disclosed in the Announcements, the Company has be
n doing its best to cooperate
with Crowe Horwath (HK) CPA Limited("Newly Appointed Auditor") in completing its audit. However, due to the recent shifting of working staff of the Company, additional
time was required for the Company to
gather and prepare the relevant materials for the
audit. Currently, the relevant materials for the audit have been collected and prepared,
which
will facilitate the progress of the audit
works. Aft
r consultiing with the Newly
Appointed Auditor, the Company anticipates to complete the audit and publicat on of the annual results for the years ended 31 December 2011,2012 and 2013 by no later than 31
October 2014 . The Company will do its best to cooperate with the Newly Appointed Auditor with a view to announcing the aforesaid outstanding financial results and reports as early as possible.



SUSPENSION OF TRADING

Trading in the shares of the Company on the Stock Exchange will remain suspended until further notice.
Shanghai, 31 July 2014

By Order of the Board Boshiwa International Holding Limited Zhong Zheng Yong

Chairman

As at the date of this announcement, the executive Directors are Mr. Zhong Zheng Yong, Ms. Chen Li Ping, and Mr. Chen Pei Qi, the non-executive Director is Mr. Li Shu Jun and the independent non-executive Directors are Mr. Chong Cha Hwa, Dr. Jiang Chang Jian and Mr. Li Zhi Qiang.

distributed by