DELAY IN DESPATCH OF CIRCULAR

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.(incorporated in the Cayman Islands with limited liability) (Stock Code: 8111) DELAY IN DESPATCH OF CIRCULAR Reference is made to the announcement of China Technology Industry Group Limited (the “Company”) dated 21 June 2024 in relation to the major and connected transaction in relation to the construction of the Energy Storage Power Plant in Sanmenxia in Henan Province in the PRC pursuant to the EPC Contract (the “Announcement”). Unless otherwise defined capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.As disclosed in the Announcement a circular containing among other things (i) further details of the EPC Contract and the Transactions (ii) a letter of recommendation from the Independent Board Committee (iii) a letter of advice from the Independent Financial Adviser and (iv) a notice of EGM is expected to be despatched to the shareholders of the Company within 15 business days after the publication of the Announcement being on or before 15 July 2024.As additional time is required to prepare and finalise the information to be included in the circular it is expected that the circular will be despatched on or before 12 August 2024.By Order of the Board China Technology Industry Group Limited Huang Bo Chairman Hong Kong 12 July 2024 1As at the date of this announcement the Board comprises five Executive Directors namely Mr. Huang Bo (Chairman) Mr. Huang Yuanming Ms. Zhang Jinhua Mr. Tse Man Kit Keith and Ms. Hu Xin and three Independent Non-Executive Directors namely Mr. Cheung Ting Kin Ms. Ma Xingqin and Mr. Qiao Wencai.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 “Latest Listed Company Information” page of the Stock Exchange’s website at www.hkexnews.hk for at least seven days from the date of its publication and on the Company’s website at www.chinatechindgroup.com. 2