A Metaverse Company — M&A Activity 2016

May 12, 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Silverman Holdings Limited 銀 仕 來 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1616)

VOLUNTARY ANNOUNCEMENT POTENTIAL ACQUISITION

The board of directors (the ‘‘Board’’) of Silverman Holdings Limited (the ‘‘Company’’) is pleased to announce that on 12 May 2016 (after trading hours), the Company entered into a non-binding memorandum of understanding (the ‘‘Memorandum’’) on the potential acquisition of the entire equity interest of Beijing Yingsheng Cultural Investments Co., Ltd. (北京瀛晟文化投資有限公司) (‘‘Beijing Yingsheng’’) by the Company (or its subsidiaries) (the ‘‘Potential Acquisition’’).

Beijing Yingsheng is a film and television production company established domestically in the People’s Republic of China (the ‘‘PRC’’) which holds the Radio and Television Program Production and Business Operation Licence (廣播電視節目製作經營許可證) issued by the State Administration of Press, Publication, Radio, Film and Television of the PRC, and is mainly engaged in businesses related to the creative industry of film and television, including production of film and television contents, investment in and consultancy for film and television projects, film and television copyright operations, film publicity, entertainment marketing and talent agency. The management team of Beijing Yingsheng has many years of experience in the film and television industry, and possesses abundant resources and advantages in in-flight copyright operations and distribution and production of in-flight entertainment contents in particular.

The Company has expanded into the media industry of the PRC after its acquisition of Beijing Huasheng Taitong Media Investment Company Limited (北京華晟泰通傳媒投資有限公司). The booming development of films and television dramas in the PRC has also brought about new drivers for profit growth of the Company. The Potential Acquisition, if successful, will boost the film and television production capacity of the Company and lay an even more solid foundation for the long-term development of the Company.

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The Board considers that the Potential Acquisition will be a strive to strengthen the business development of the Company in the media industry and further expand the market influence of the Company, and presents a good opportunity for the Company to broaden the sources of its revenue for creating greater profits and returns for its shareholders.

The Board would like to stress that as at the date of this announcement, no binding agreement has been entered into in respect of the Potential Acquisition. Therefore, the Potential Acquisition may or may not proceed. In accordance with the Memorandum, the Company will immediately carry out due diligence work, and conduct investigations on Beijing Yingsheng, its assets (mainly including patents and other intellectual property rights and proprietary technology, etc.) and businesses, as well as its shareholders and related parties, and make a decision on whether to proceed with the Potential Acquisition thereafter. The Company will make further announcements on the Potential Acquisition in due course in accordance with the applicable requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Potential Acquisition may or may not proceed. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by the Company on a voluntary basis.

By order of the Board Silverman Holdings Limited Liu Dong Chairman

Shandong, 12 May 2016

As at the date of this announcement, the Board comprises 6 Directors, namely Mr. LIU Dong, Mr. LIU Zongjun and Ms. CHEN Chen as executive Directors; Mr. PAN Hongye, Mr. LAM Kai Yeung and Mr. GAO Gordon Xia as independent nonexecutive Directors.

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