Dalipal Holdings Limited — Board/Management Information 2021

Sep 29, 2021

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.

Dalipal Holdings Limited 達力普控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1921)

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Reference is made to the announcement of Dalipal Holdings Limited (the “ Company ”) dated 10 September 2021 (the “ Announcement ”) in relation to the change of, among others, joint company secretary of the Company.

As disclosed in the Announcement, Mr. Chow Calvin Cheuk Yin (“ Mr. Chow ”), who possesses the requisite qualification and experience as required under Rules 3.28 and 8.17 of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”), has resigned as a joint company secretary of the Company with effect from 10 September 2021. Following Mr. Chow’s resignation, the waiver (the “ 2019 Waiver ”) from strict compliance with the requirements of Rules 3.28 and 8.17 of the Listing Rules granted by the Stock Exchange to the Company for Ms. Wong Gianne (“ Ms. Wong ”) to be appointed as a joint company of the Company despite she does not possess the specific qualifications strictly required by Rule 3.28 of the Listing Rules has been revoked. The 2019 Waiver was granted by the Stock Exchange on the condition that Mr. Chow is engaged as a joint company secretary and provides assistance to Ms. Wong for an initial period of two years from the date of listing of the Company on 8 November 2019 or until Ms. Wong has obtained the academic or professional qualifications acceptable by the Stock Exchange as stipulated by Rule 3.28 of the Listing Rules, whichever is earlier.

In light of Mr. Chow’s resignation as a joint company secretary of the Company and the appointment of Mr. Cheung Ting Pong (“ Mr. Cheung ”), who possesses the requisite qualification and experience as required under Rules 3.28 and 8.17, as a joint company secretary of the Company in place of Mr. Chow, the Company has applied for, and the Stock Exchange has granted, a new waiver (the “ New Waiver ”) from strict compliance with the requirements of Rules 3.28 and 8.17 of the Listing Rules for the remaining waiver period (i.e. from the date of appointment of Mr. Cheung to 7 November 2021) (the “ Remaining Waiver Period ”) on the following conditions:

• (1) Ms. Wong will be assisted by Mr. Cheung during the Remaining Waiver Period; and

• (2) the New Waiver could be revoked if there are material breaches of the Listing Rules by the Company.

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Before the end of the Remaining Waiver Period, the Company shall demonstrate and seek the Stock Exchange’s confirmation that Ms. Wong, having had the benefit of Mr. Cheung’s assistance during the Remaining Waiver Period, has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary. The Stock Exchange may also withdraw or change the New Waiver if the Company’s situation changes.

By virtue of Mr. Cheung’s experience and qualifications, the Company is of the opinion that Mr. Cheung is a suitably qualified person to render assistance to Ms. Wong so as to enable Ms. Wong to acquire the relevant experience as is required of a company secretary under Note 2 to Rule 3.28 of the Listing Rules and to discharge the functions of a company secretary of a listed issuer. Mr. Cheung will also provide adequate training and guidance to Ms. Wong during the Remaining Waiver Period. Set out below is the biographical information of Mr. Cheung:

Mr. Cheung Ting Pong , aged 41, has over 15 years of experience in financial operations. He holds a bachelor’s degree in business administration (accountancy) from the City University of Hong Kong and a master’s degree in business administration from the University of Manchester in the United Kingdom. Mr. Cheung is a fellow member of the Institute of Chartered Accountants in England and Wales and also a fellow member of the Hong Kong Institute of Certified Public Accountants.

Mr. Cheung current holds or has held various positions in the following listed companies:

Name of entity	Period of service	Position(s)
Hope Life International Holdings	From February 2021 to	Independent non-
Limited, the shares of which are	present	executive director
listed on the Main Board of the
Stock Exchange (stock code:
1683)
Longhui International Holdings	From June 2020 to present	Independent non-
Limited, the shares of which are		executive director
listed on the Main Board of the
Stock Exchange (stock code:
1007)
Future Data Group Limited, the	From July 2021 to August	One of the joint
shares of which are listed on	2021	company secretaries
GEM of the Stock Exchange
(stock code: 8229)
Munsun Capital Group Limited	From November 2016 to	Company secretary
(now known as Bay Area Gold	January 2017
Group Limited), the shares of
which are listed on the Main
Board of the Stock Exchange
(stock code: 1194)

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Name of entity	Period of service	Position(s)
Sanbase Corporation Limited, the	From July 2017 to October	Executive director
shares of which are listed on	2019	and non-executive
GEM of the Stock Exchange		director
(stock code: 8501)
Modern Dental Group Limited,	From March 2011 to	Executive director,
the shares of which are listed	October 2016	chief financial
on the Main Board of the Stock		officer and company
Exchange (stock code: 3600)		secretary
	By	Order of the Board
	Dalipal Holdings Limited
		Meng Fanyong
	Chairman and Executive Director

Hong Kong, 29 September 2021

As at the date of this announcement, the Board comprises Mr. Meng Fanyong, Mr. Zhang Hongyao, Ms. Xu Wenhong, Mr. Meng Yuxiang, Ms. Gan Shuya and Mr. Yin Zhixiang, as the executive Directors; and Mr. Guo Kaiqi, Mr. Wong Jovi Chi Wing and Mr. Cheng Haitao as the independent non-executive Directors.

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