China Sandi : DISCLOSEABLE AND CONNECTED TRANSACTION IN RELATION TO ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF POWER SUCCESS DEVELOPMENT INCORPORATED FURTHER DELAY IN DESPATCH OF CIRCULAR

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CHINA SANDI HOLDINGS LIMITED

中 國 三 迪 控 股 有 限 公 司

(incorporated in Bermuda with limited liability)

(Stock Code: 910)

DISCLOSEABLE AND CONNECTED TRANSACTION

IN RELATION TO ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF POWER SUCCESS DEVELOPMENT INCORPORATED

FURTHER DELAY IN DESPATCH OF CIRCULAR

References are made to the announcement of China Sandi Holdings Limited (the "Company") dated 26 July 2019 (the "Announcement") in respect of the discloseable and connected transaction in relation to the acquisition of the entire issued share capital of Power Success, the announcement of the Company dated 28 August 2019 in relation to the delay in despatch of the Circular and the announcement of the Company dated 4 October 2019 in relation to the further delay in dispatch of the Circular (the "Further Delay Announcement" and, collectively, the "Announcements"). Capitalised terms used herein shall have the same meanings as those defined in the Announcements unless otherwise specified.

As stated in the Further Delay Announcement, it was expected that the Circular containing, among other things, further details of (i) the Agreement and the transactions contemplated thereunder; (ii) the financial information of the Target Group; (iii) letter from the Independent Board Committee; (iv) letter from the Independent Financial Advisor; (v) the property valuation report; (vi) the notice of the SGM; and (vii) other information as required under the Listing Rules will be despatched to the shareholders of the Company on or before 31 October 2019.

As additional time is required by the Company to finalise the contents of the Circular, the despatch of the Circular will be further postponed to a date on or before 29 November 2019.

By order of the Board

China Sandi Holdings Limited

Guo Jiadi

Chairman

Hong Kong, 31 October 2019

As at the date of this announcement, the Board comprises Mr. Guo Jiadi, Ms. Amika Lan E Guo and Mr. Wang Chao, being the executive Directors; Mr. Chan Yee Ping, Michael, Ms. Ma Shujuan and Mr. Zheng Yurui, being the independent non-executive Directors.