Niche-Tech Semiconductor Materials Limited — Audit Report / Information 2020

Sep 30, 2020

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.

NICHE-TECH GROUP LIMITED 駿碼科技集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8490)

CHANGE OF AUDITOR

This announcement is made by Niche-Tech Group Limited (the “ Company ”) pursuant to Rule 17.50(4) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”).

The board (the “ Board ”) of directors (the “ Directors ’) of the Company announces that Deloitte Touche Tohmatsu (“ DTT ”) has resigned as the auditor of the Company with effect from 30 September 2020 as the Company could not reach a consensus with DTT on the audit fee for the financial year ending 31 December 2020.

Both the Board and the audit committee of the Company (the “ Audit Committee ”) confirmed that except for the audit fee for the financial year ending 31 December 2020, there is no disagreement or unresolved matter between the Company and DTT and that there are no other matters in relation to the resignation of DTT that need to be brought to the attention of the shareholders or creditors of the Company.

DTT has confirmed in its letter of resignation that there are no matters in connection with its resignation that need to be brought to the attention of shareholders or creditors of the Company.

The Board would like to take this opportunity to express its appreciations to DTT for its professional services rendered to the Company in the past years.

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The Board further announces that, with the recommendation of the Audit Committee, the Board has resolved to appoint Gary Cheng CPA Limited as the new auditor of the Company with effect from 30 September 2020 to fill the casual vacancy following the resignation of DTT and to hold office until the conclusion of the next annual general meeting of the Company.

By Order of the Board Niche-Tech Group Limited Chow Bok Hin Felix

Executive Chairman and Executive Director

Hong Kong, 30 September 2020

As at the date of this announcement, the executive Directors are Mr. Chow Bok Hin Felix, Professor Chow Chun Kay Stephen and Mr. Shi Yiwu, non-executive Director is Mr. Ma Yung King Leo, and the independent non-executive Directors are Professor Ng Wang Wai Charles, Mr. Tai Chun Kit and Mr. Poon Lai Yin Michael.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at http://www.hkgem.com on the “Latest Listed Company Information” page for a minimum period of seven days from the date of its publication. This announcement will also be published on the Company’s website at http://www.nichetech.com.hk.

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