16 March 2020

Dear Valued Client,

RE: SMC ELECTRIC LIMITED (#2381)POSTPONEMENT OF THE SHARE OFFER AND LISTING

The Company announces that, having consulted with the Joint Bookrunners, it has decided to postpone the Share Offer and its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited due to the consideration of several factors, including the prevailing market conditions. The Placing Underwriting Agreement relating to the Share Offer will not be entered into and the Public Offer Underwriting Agreement relating to the Share Offer will therefore not become unconditional.

For more details about the Announcements and Notices, please visit the HKEXnews website.

Should you have any further enquiries, please feel free to contact us at (852)2663-8888 or email at hotline@cfsg.com.hk.

Best regards,
Client Services Department
Celestial Securities Limited


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