Silk Road Logistics : Announcements and Notices - INSIDE INFORMATION

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.

Silk Road Logistics Holdings Limited

絲路物流控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 988)

INSIDE INFORMATION

This announcement is made by Silk Road Logistics Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors") of the Company hereby announces that Dongguan Haihui Logistics Co., Ltd.* (東莞市海輝物流有限公司) ("Dongguan Haihui"), an indirect wholly-owned subsidiary of the Company, has recently received a civil ruling (the "Judgment") from the Intermediate People's Court of Dongguan City, Guangdong Province* (廣東省東莞市中級人民法院) (the "Court"), pursuant to which, the Court has accepted the application made by Shenzhen Henshunying Trading Co., Ltd.* (深圳 市恒順盈貿易有限公司) (the "Petitioner") for the winding up of Dongguan Haihui on the basis of Dongguan Haihui failure to settle the judgment debt (with accrued interests), awarded in a previous civil judgment of the People's Court of Jiahe County, Hunan Province* (湖南省嘉禾縣人民法院), to the Petitioner in the amount of approximately RMB4.02 million. As at the date of this announcement, administrator of Dongguan Haihui has been appointed.

As at date of this announcement, to the best knowledge of the Board, the Judgment has had no material impact to the business operation and financial position of the Group. Further announcement(s) in relation to the Judgment will be made as and when appropriate.

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CONTINUED SUSPENSION OF TRADING IN SHARES

At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on Tuesday, 24 May 2022 and will remain suspended until further notice.

Shareholders and potential investors should exercise caution when they deal or contemplate dealing in the Shares of the Company.

By order of the Board

Silk Road Logistics Holdings Limited

Cheung Ngai Lam

Executive Director

Hong Kong, 7 July 2022

• For identification purpose only.

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Cheung Ngai Lam and Mr. Chung Wai Man; one non-executive Director, namely Ouyang Nong; and four independent non-executive Directors, namely Ms. Choy So Yuk, Mr. Wu Zhao, Chen Wai Chung Edmund and Ms. Ang Mei Lee Mary.

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