MOBI Development : CHANGE OF DATE OF BOARD MEETING

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MOBI Development Co., Ltd.

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(incorporated in the Cayman Islands with limited liability)

(Stock Code: 947)

CHANGE OF DATE OF BOARD MEETING

Reference is made to the announcement of MOBI Development Co., Ltd. (the "Company") dated 8 March 2021, in respect of the holding of a meeting of the board (the "Board") of directors (the "Directors") of the Company (the "Board Meeting") on Tuesday, 23 March 2021 at 11:00 a.m. for the purposes of, among other matters, approving the audited annual results of the Company and its subsidiaries for the year ended 31 December 2020 (the "2020 Annual Results") for publication and considering the payment of a final dividend, if any.

The Company hereby announces that the date of the Board Meeting has been changed to Tuesday, 30 March 2021 at 11:00 a.m. as additional time is required to finalise the 2020 Annual Results, with the same agenda as set out in the abovementioned announcement.

By order of the Board

MOBI Development Co., Ltd.

Hu Xiang

Chairman

Hong Kong, 15 March 2021

As at the date of this announcement, the executive Directors of the Company are Mr. HU Xiang and Mr. LIAO Dong; the non-executive Director is Mr. QU Deqian; and the independent non-executive Directors are Mr. LI Tianshu, Mr. ZHANG Han and Ms. GE Xiaojing.