09:37     CHINA SCI-TECH<00985> - Announcement & Resumption (5)               

                                                        and  (ii)             
                                                        the                   
                                                        remaining             
                                                        of HK$1.7             
                                                        million was           
                                                        used as the           
                                                        general               
                                                        working               
                                                        capital of            
                                                        the                   
                                                        Company.              
    1 April 2004 Placing of   HK$62.0      Intended to   (i)                  
                 1,669,624,00 million      be used in   approximatel          
                 0 existing                future       y HK$37.3             
                 Shares and                securities   million was           
                 Top-up                    investment   invested in           
                 subscription              or other     listed                
                  of New                   investment   securities;           
                 Shares and                or retained  and  (ii)             
                 Placing of                as general   the                   
                 1,669,624,00              working      remaining             
                 0 new                     capital      of HK$24.7            
                 Shares                    when no      million was           
                                           appropriate  retained as           
                                           investment   the general           
                                           opportunity  working               
                                           identified   capital of            
                                                        the                   
                                                        Company.              
                                                                              
    18 November  Placing of   HK$49.5      Part         Placing of            
    2004         the 3%       million      payment of   the 3%                
                 convertible               the          convertible           
                 redeemable                consideratio redeemable            
                 notes due 3               n for the    notes not             
                 years after               acquisition  yet                   
                 the date of               of the 25%   complete;             
                 issue                     of the       the                   
                                           registered   completion            
                                           capital of   of the                
                                           in           placing of            
                                           Shuanghuan   the 3%                
                                           and/or for   convertible           
                                           general      redeemable            
                                           working      notes is              
                                           capital      subject to            
                                                        the                   
                                                        approval of           
                                                        the                   
                                                        Shareholders          
                                                         at the EGM           
                                                        to be held            
                                                        on 19                 
                                                        January               
                                                        2005.                 
                                                                              
                                                                              
                                                                              
                                                                              
    Suspension and resumption of trading                                      
    At the request of the Company, trading in Shares on the Stock             
    Exchange was suspended from 9:30 a.m. on Friday, 7 January 2005           
    pending the release of this announcement. Application has been made       
    by the Company to the Stock Exchange for the resumption of trading in     
    Shares on the Stock Exchange with effect from 9:30 a.m. on Monday, 10     
    January 2005.                                                             
                                                                              
    TERMS AND DEFINITION                                                      
    `associates'                   has the meaning ascribed to                
                                   this term under the Listing                
                                   Rules                                      
    `Company'                      China Sci-Tech Holdings                    
                                   Limited, a Company                         
                                   incorporated in Cayman                     
                                   Islands with limited                       
                                   liability and the shares of                
                                   which are listed on the main               
                                   board of the Stock Exchange                
    `Director(s)'                  director(s) of the board of                
                                   the Company                                
    `EGM'                          Extraordinary general meeting              
                                   of the Company to be convened              
                                   on 19 January 2005 to                      
                                   approve, amongst other                     
                                   things, the acquisition of                 
                                   the 25% of the registered                  
                                   capital of in Shuanghuan                   
    `Group'                        the Company and its                        
                                   subsidiaries                               
    `Hong Kong'                    Hong Kong Special                          
                                   Administrative Region of the               
                                   People's Republic of China                 
    `Last Trading Date'            6 January 2005, being the                  
                                   last full trading day for the