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Beijing Digital Telecom Co., Ltd. Capital/Financing Update 2020

Sep 18, 2020

50994_rns_2020-09-18_5aaee3c2-9981-4fc0-9502-d0d5345bb97f.pdf

Capital/Financing Update

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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.

北京迪信通商貿股份有限公司 Beijing Digital Telecom Co., Ltd.

(A joint stock company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 6188)

PLEDGE OF SHARES BY CONTROLLING SHAREHOLDER

This announcement is made by Beijing Digital Telecom Co., Ltd. (the “ Company ”) pursuant to Rule 13.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

On 18 September 2020, Digital Science & Technology Group Limited (迪信通科技集團有 限公司) (“ Digital Science & Technology ”), the controlling shareholder of the Company, pledged 109,869,060 domestic shares of the Company (representing 15% of the total issued shares of the Company as at the date of this announcement) to Bank of Tangshan Co., Ltd. (“ Bank of Tangshan ”), as the guarantee for loans amounted to RMB800 million provided by Bank of Tangshan to the Company.

At present, the risks for Digital Science & Technology to pledge domestic shares of the Company are under control, and would not result in any change to the controlling shareholder or de facto controllers of the Company, nor affect the normal operations of the Company. Investors are advised to be cautious about investment risks.

By order of the Board Beijing Digital Telecom Co., Ltd. LIU Donghai Chairman

Beijing, the PRC 18 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. LIU Donghai, Mr. LIU Yajun and Ms. LIU Wencui; the non-executive directors of the Company are Mr. LI Wenzhi, Mr. YAO Yanzhong and Mr. LV Jing; and the independent non-executive directors of the Company are Mr. LV Tingjie, Mr. LV Pingbo and Mr. ZHANG Senquan.