Synagistics Limited — Audit Report / Information 2021

Mar 11, 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.

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WEALTHKING INVESTMENTS LIMITED 華 科 資 本 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1140)

CHANGE OF AUDITOR

This announcement is made by the board of directors (the “ Board ”) of Wealthking Investments Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

RESIGNATION OF AUDITOR

The Board announces that PricewaterhouseCoopers Certified Public Accountants (“ PwC ”) has resigned as the auditor of the Company with effect from 11 March 2021 as the Company and PwC could not reach a consensus on the audit fee for the year ending 31 March 2021.

The Company is incorporated under the laws of Cayman Islands and to the knowledge of the Board there is no requirement under the laws of Cayman Islands for the resigning auditor to confirm to the Company whether or not there is any circumstance connected with their resignation which they consider should be brought to the attention of the Company’s shareholders and creditors. PwC has therefore not issued such confirmation.

The Board and the audit committee of the Board (the “ Audit committee ”) confirmed that there is no disagreement between PwC and the Company, and there is no other matter in respect of the

resignation of PwC as the auditor of the Company that needs to be brought to the attention of the shareholders or creditors of the Company.

The Board and the Audit Committee further confirmed that PwC has not yet commenced any audit work on the financial statements of the Group for the financial year ended 31 March 2021. It is expected that the change of auditor will not have any significant impact on the annual audit and the release of annual results of the Group for the year ended 31 March 2021.

The Board would like to take this opportunity to express its sincere gratitude to PwC for its professional and quality services rendered to the Company during the past years.

APPOINTMENT OF AUDITOR

The Board, with the recommendation from the Audit Committee, has resolved to appoint ZHONGHUI ANDA CPA Limited as the external auditor of the Company with effect from 11 March 2021, to fill the vacancy following the resignation of PwC and to hold office until the conclusion of the next annual general meeting of the Company. Pursuant to Article 175 of the articles of association of the Company, the Board has the power to fill the vacancy in the office of auditor and to fix the remuneration of the auditor so appointed. Accordingly, no extraordinary general meeting will be held for such purpose.

The Board has confirmed that it is not aware of any matters in relation to the change of auditor that need to be brought to the attention of shareholders of the Company.

By order of the Board Wealthking Investments Limited

Liu Zhiwei

Executive Director and Chairman

Hong Kong, 11 March 2021

As at the date of this announcement, the Board comprises one executive Director, namely, Dr. Liu Zhiwei; and four independent non-executive Directors, namely, Professor He Jia, Mr. Wang Xiaojun, Mr. Chen Yuming and Dr.Fu Weigang.