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Press Release on May 25, 2001
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this announcement
Q9 TECHNOLOGY HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)
ANNOUNCEMENT
This announcement is made at the request of The Stock Exchange of Hong Kong
Limited. We have noted today's increase in the price of the shares of Q9 Technology
Holdings Limited (the "Company") and wish to state that we are not
aware of any reasons for such increase.
We also confirm that there are no negotiations or agreements relating to intended
acquisitions or realizations which are discloseable under Chapters 19 to 20
of the Rules Governing the Listing of Securities on the Growth Enterprise Market
of the Stock Exchange (the "GEM Listing Rules"), neither is the board
of directors (the "Board") of the Company aware of any matter discloseable
under the general obligation imposed by rule 17.10 of the GEM Listing Rules,
which is or may be of a price sensitive nature.
Made by the order of the Board of the Company, the directors of which collectively
and individually accept responsibility for the accuracy of this announcement.
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By Order of the Board
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LEUNG LAP YAN
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Chairman
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Hong Kong, 24th May 2001
This announcement will remain on GEM Website at www.hkgem.com
on the "Latest Company Announcements" page for 7 days from the date
of its positing and on the website of the Company at www.q9tech.com
* For identification purpose only
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