Tian Shan Development : NOTICE OF BOARD MEETING AND PUBLICATION OF ANNUAL REPORT

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.

Tian Shan Development (Holding) Limited

天山發展（控股）有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2118)

NOTICE OF BOARD MEETING

AND

PUBLICATION OF ANNUAL REPORT

Reference is made to the announcement of Tian Shan Development (Holding) Limited (the "Company") dated 31 March 2021 in respect of the unaudited annual results for the year ended

31 December 2020 (the "Announcement"). Capitalised terms used herein shall have the same meaning as those defined in the Announcement unless the context requires otherwise.

NOTICE OF BOARD MEETING

As disclosed in the section headed "Review of Unaudited Annual Results" in the Announcement, as of the date of the Announcement, the annual results for the year ended 31 December 2020 have yet been agreed by the Company's auditor due to delay in the audit procedures resulting from the outbreak of COVID-19 in the Hebei Province in early 2021. The Board expects that a further announcement in relation to the audited results for the year ended 31 December 2020 will be published on 23 April 2021.

The Board hereby announces that a meeting of the Board will be held at 4:00 p.m. on Friday, 23 April 2021 for the purpose of, among other matters, considering and approving the audited annual results of the Group for the year ended 31 December 2020.

PUBLICATION OF ANNUAL REPORT

The Board expects that the annual report of the Company for the year ended 31 December 2020 will be dispatched to the shareholders of the Company and published on the respective websites of the Company and The Stock Exchange of Hong Kong Limited on or before 30 April 2021.

By Order of the Board

Tian Shan Development (Holding) Limited

Wu Zhen Shan

Chairman

Hong Kong, 13 April 2021

As at the date of this announcement, the Board comprises three executive Directors, Mr. Wu Zhen Shan, Mr. Wu Zhen Ling and Mr. Zhang Zhen Hai; and three independent non-executive Directors, Mr. Tian Chong Hou, Mr. Wang Ping and Mr. Cheung Ying Kwan.