China Qinfa : DATE OF BOARD MEETING

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中國秦發集團有限公司

CHINA QINFA GROUP LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 00866)

DATE OF BOARD MEETING

Reference is made to the announcement of China Qinfa Group Limited (the "Company") dated 31 March 2020 in relation to the unaudited annual results of the Company and its subsidiaries (collectively, the "Group") for the year ended 31 December 2019. The board (the "Board") of directors (the "Directors") of the Company hereby announces that a meeting of the Board will be held at Level 22, South Tower, Poly International Plaza, No. 1 Pazhou Avenue East, Haizhu District, Guangzhou City, The People's Republic of China on 6 May 2020 (Wednesday) at 3:30 p.m. for the purposes of, among other matters, approving the audited annual results of the Group for the year ended 31 December 2019.

By order of the Board

China Qinfa Group Limited

XU Da

Chairman

Guangzhou, 22 April 2020

As at the date of this announcement, the Board comprises Mr. XU Da, Mr. BAI Tao, Ms. WANG Jianfei and Mr. FUNG Wai Shing as the executive Directors and Mr. LAU Sik Yuen, Professor SHA Zhenquan and Mr. JING Dacheng as the independent non-executive Directors.