Zhongguancun Science Tech Leasing : INSIDE INFORMATION ANNOUNCEMENT THE H SHARE FULL CIRCULATION UPDATE ON PROGRESS OF LISTING OF THE CONVERTED H SHARES

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.

中 關 村 科 技 租 賃 股 份 有 限 公 司

ZHONGGUANCUN SCIENCE-TECH LEASING CO., LTD.

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1601)

INSIDE INFORMATION ANNOUNCEMENT

THE H SHARE FULL CIRCULATION

UPDATE ON PROGRESS OF LISTING OF THE CONVERTED H SHARES

This announcement is made by Zhongguancun Science-Tech Leasing Co., Ltd. (the "Company") under the Inside Information Provisions of Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

References are made to the announcements of the Company dated February 8, 2021, March 17, 2021 and April 7, 2021 (the "Announcements") in relation to the H share full circulation of the Company. Unless otherwise indicated, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements.

UPDATE ON DATE OF LISTING OF THE CONVERTED H SHARES

As disclosed in the Announcements, it is expected that the share certificates for the Converted H Shares will be issued to China Clearing HK and deposited into HKSCC on April 14, 2021. Further announcement(s) about date of listing of the Converted H Shares and other information will be made by the Company when and where appropriate.

The Company wishes to update shareholders and potential investors of the Company that, the share certificates for the Converted H Shares are expected to be allotted to the relevant shareholder(s) on April 14, 2021 and the listing of the Converted H Shares on the Stock Exchange will commence at 9:00 a.m. on April 15, 2021.

Further announcement(s) will be made by the Company when and where appropriate.

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Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

Zhongguancun Science-Tech Leasing Co., Ltd.

DUAN Hongwei

Chairman

Beijing, the PRC, April 12, 2021

As at the date of this announcement, the Board comprises Mr. HE Rongfeng and Mr. HUANG Wen as executive Directors, Mr. DUAN Hongwei, Mr. LOU Yixiang and Mr. ZHANG Shuqing as non-executive Directors, and Mr. CHENG Dongyue, Mr. WU Tak Lung and Ms. LIN Zhen as independent non-executive Directors.

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