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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 263)

WITHDRAWAL OF THE REQUEST TO REVIEW DECISION

OF THE STOCK EXCHANGE ON RULE 13.24

On 9 April 2021, GT Group Holdings Limited (the ''Company'') has withdrawn its request (the ''Request'') for the decision of The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') in its letter dated 5 March 2021 that the Company has failed to carry out a business with a sufficient level of operations and assets of sufficient value to support its operations (the ''Decision'') under Rule 13.24 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'') to be referred to the Listing Committee of the Stock Exchange for review pursuant to Rule 2B.06(1) of the Listing Rules. The Request was the subject of the Company's announcement dated 16 March 2021.

Pursuant to Rule 6.01A of the Listing Rules, if the Stock Exchange decides that the Company has failed to comply with Rule 13.24 of the Listing Rules, the Company would have a remedial period of 18 months from 17 March 2021 to take appropriate actions to demonstrate its re-compliance with Rule 13.24 of the Listing Rules, failing which the Stock Exchange may cancel the listing of the Company's shares.

Shareholders and potential investors should exercise caution when dealing in the securities of the Company and should seek professional advice as they may consider appropriate about the implications of the Decision.

By Order of the Board

GT GROUP HOLDINGS LIMITED

Li Dong

Chairman

Hong Kong, 12 April 2021

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As at the date of this announcement, the Board comprises four Executive Directors, namely Mr. Li Dong (Chairman), Ms. Ng Shin Kwan, Christine, Mr. Chan Ah Fei and Mr. Liang Shan and three Independent Non-executive Directors, namely Dr. Wong Yun Kuen, Mr. Wong Shun Loy and Mr. Hu Chao.

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GT Group Holdings Limited published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 04:06:02 UTC.