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Beijing Yunji Technology Co., Ltd. M&A Activity 2017

Feb 28, 2017

50748_rns_2017-02-28_a89c028c-3dbc-4ce3-b97e-1337a290570a.pdf

M&A Activity

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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.

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(Incorporated in Bermuda with limited liability) (Stock code: 1196)

COMPLETION OF THE ACQUISITION OF 60% OF THE ISSUED SHARE CAPITAL OF TOP EAGLE INTERNATIONAL TRADING LIMITED

Reference is made to the announcements of Realord Group Holdings Limited (the “ Company ”) dated 5 September 2016 and 30 December 2016 and the circular of the Company dated 25 January 2017 (the “ Circular ”) in relation to the proposed acquisition of 60% of the issued share capital of Top Eagle International Trading Limited. Capitalised terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

The Board is pleased to announce that all conditions precedent to the Acquisition Agreement have been fulfilled and Completion took place on 28 February 2017. The second instalment of the Consideration of HK$22,000,000 has been settled in cash by the Purchaser to the Vendor on the date of Completion in accordance with the terms of the Acquisition Agreement. Upon Completion, the Target Company has become an indirect 60%-owned subsidiary of the Company and the financial statements of the Target Group will be consolidated into the Group.

By order of the Board Realord Group Holdings Limited Lin Xiaohui Chairman

Hong Kong, 28 February 2017

As at the date of this announcement, the executive Directors are Dr. Lin Xiaohui, Madam Su Jiaohua and Mr. Lin Xiaodong and the independent non-executive Directors are Mr. Yu Leung Fai, Mr. Fang Jixin and Dr. Li Jue.