Notes: October 21, 2020 -- Wins Finance Holdings Inc. ("Wins Finance" or the "Company") (NASDAQ: WINS), a diversified investment and asset management company that provides integrated financing solutions to small and medium enterprises ("SMEs") in China, today announced that on October 19, 2020, the Company received a letter from the Nasdaq Hearing Panel (the "Panel") of the Nasdaq Stock Exchange LLC ("Nasdaq). The letter notified the Company that since its new auditor submitted a qualified opinion on its financial statements filed on Form 20-F due to the freezing of a substantial portion of its assets by a public security bureau in China, this rendered the Form 20-F incomplete. Accordingly, the Panel has determined to delist the Company's shares from Nasdaq effective at the open of business on October 21, 2020. The Company plans to request that the Nasdaq Listing and Hearing Review Council review this decision within 15 days of the notice. <p> Oct. 28, 2015 -- Sino Mercury Acquisition Corp. (Nasdaq: SMAC, SMACU, SMACR) today announced the completion of its previously announced business combination transaction to acquire Wins Financial Group Ltd. The Wins management team, as well as the teams in place within its business units, will remain intact and the combined company's headquarters will remain located in Beijing, China at Wins' headquarters. As part of the transaction, the combined public company will now be named Wins Finance Holdings Inc. And will be listed on the NASDAQ Capital Market under WINS.