To Seize the Market Development Opportunities Presented By 5G Rollout

HONG KONG, CHINA - Media OutReach - 29 January 2019 - TongdaGroup Holdings Limited ("Tongda Group" or the "Group") (stockcode: 698) is pleased to announce that theGroup has completed the research and development ("R&D") of the polarized base station antenna incorporating Laser DirectStructuring (LDS) and Plating on Plastic(POP) technology. The new antenna is to be applied to mainstream Massive Multiple-Inputand Multiple-Output (Massive MIMO)antennas used in fifth generation wireless systems ("5G"). The Group has conducted R&D on a plastic dipole antennato be used in the polarized base stationantenna, which can direct and enhance the power of electromagnetic waves so that antennas can receive stronger electromagnetic signals,which reduces the weight of the antenna with ahigher level of integration as the number of 5G dipole antenna increases. Currently, the Group is customizing molds for variousmainstream customers with production of small quantities expected to commencein the second quarter of this year. The Group is also conducting R&D on 5G-compatiblehandset casings of integrated radio and automotive GPS navigation antennas to seize the marketdevelopment opportunities brought about by 5G.

For the handset casings business, the Group hasbecome one of the official suppliers of Samsung since the third quarter lastyear engaging in the mass production of "Glastic" back covers for the latestSamsung Galaxy J6+. This year, the Group will actively expand its collaborationwith Samsung to provide back covers for Samsung's mid-range handset models. Inaddition, the Group is also the vendor for middle frames and 2.5D glass backcovers materials of the latest model of Xiaomi's Redmi Note 7. For thetri-proof and high-precision components, the Group is working closely andstably with an international customer in providing handset components such asrubber molding, liquid-silicone rubber parts and high-precision injectionmolding parts. In the automotive business, the Group is actively striving toincrease its market share this year on the solid foundation laid in previousyears with Geely Automobile currently its largest customer here. Apart fromproviding interior automotive decorations for the Bin Yue, Bo Rui and Emgrandunder Geely Automobile, the Group also engages in small-scale production forseveral other models.

The customer base of the Group currentlyincludes the top five handset brands in the world and it provides comprehensivehandset casings and components solutions, such as Glastic back covers/Uni-Bodycasings, metal middle frames/housings and 2.5D/3D glass back covers, as well asthe tri-proof and high-precision components, to cater for the diverse needs ofits customers. The Group will continue to devote its efforts to the R&D ofnew craftsmanship in the future, in order to deepen and strengthen its soundpartnership with new and existing customers and to develop more competitive productsof higher quality.

AboutTongda Group Holdings Limited

Tongda Group is the world's leading solutionsprovider of high-precision components used in smart mobile communication andconsumer electronic products. The Group has been listed on the Main Board ofThe Stock Exchange of Hong Kong Limited since 2000, under the InformationTechnology -- IT Hardware category, and has been selected as a constituent stockin the Hang Seng Composite LargeCap & MidCap Index, Hang SengComposite Industry Index -- Information Technology, Hang Seng SCHK ex-AHCompanies Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng StockConnect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap &SmallCap Index and Hang Seng Global Composite Index. The Group garners theDHL/SCMP Hong Kong Business Awards 2015－Enterprise Award and has been selected to theForbes Asia's 200 "Best Under A Billion" list in 2016. Mr. Wang Ya Nan,Chairman and CEO of the Group has been named the winner in the technologycategory of EY Entrepreneur of the Year China 2016.

Leveraging its leading metal casings, In-MoldLamination ("IML") and insert molding business technology, as wellas the stable and high-quality clientele, the Group has established a solid presence inthe markets for handsets, smart electrical appliances and automotive interior decorative business. The Group isdedicated to satisfying customers' needs through establishing global servicenetworks in various regions, with strategically located production bases inShishi city, Xiamen, Shanghai and Shenzhen, as well as R&D centres inShanghai and Taiwan.