Notice of Fraud Alert

We have recently been made aware of a number of scams falsely using the name of our Group and fraudsters faking identities as our staff in cities of the Mainland China and overseas. These scams have involved the following fraudulent activities:

1. Illegal use of the logo of our Group and the information within our official websites without our Group's authorization by copying or plagiarizing the contents of our official websites;

2. Construction of a false entertainment and/or gambling platform, and/or investment and wealth management services platform in the name of our Group, fabricating opportunities for investment cooperation; and

3. Faking identities of the staff of our Group by fraudsters thereby trying to solicit cooperation opportunities purportedly for the Group.

We would like to make the public aware of the following:

1. We have not constructed any entertainment and/or gambling platform, and/or investment and wealth management services platform. Any such platform representing itself as belonging to our Group is false and fraudulent, any activities as set out within which are in no way related to or in connection with our Group.

2. We will hold the fraudsters liable by pursuing all lawful means in the event of any economic losses sustained by us or damage to the reputation of our Group as a result of the fraudulent activities mentioned above.

3. Please contact us to check and clarify if you receive any suspicious communications or message suspected of involving the fraudulent activities mentioned above. If you are victims of such fraudulent scams, you are strongly advised to immediately report these scams to the local law enforcement authorities.

We strongly recommend that the public and our business partners be more alert to the fraudulent scams as described above and exercise extreme caution in respect of any investment opportunities solicited purportedly in the name of our Group.

If there is any enquiry or question, please contact us at (+852) 2880 0178.

K. Wah Group

19 January 2021