Bright Smart Securities & Commodities Group Limited — Earnings Release 2019

Apr 8, 2019

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.

==> picture [187 x 66] intentionally omitted <==

BRIGHT SMART SECURITIES & COMMODITIES GROUP LIMITED 耀才證券金融集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1428)

PRELIMINARY FINANCIAL DATA FOR THE YEAR 2018/19

This announcement is made by Bright Smart Securities & Commodities Group Limited (the ‘‘ Company ”, together with its subsidiaries, the ‘‘ Group ’’) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities (the ‘‘ Listing Rules ’’) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the “ Board ”) of directors (the “ Directors ” and each a “ Director ”) of the Company is pleased to inform the shareholders of the Company (the “ Shareholders ”) and its potential investors that based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the year ended 31 March 2019 (the “ Year 2018/19 ”), the unaudited consolidated net profit (after tax) for the Year 2018/19 was approximately HK$442 million.

In Year 2018/19, as the Hong Kong stock market was held back by the US-China trade war and a host of negative factors, the Hang Seng index continued to drop over the course. Nonetheless, the Group committed ourselves to follow our business philosophy of proactive development, sowing seeds persistently despite the bearish market and introducing investor-oriented discounts, which made the total number of client accounts of the Group reach 283,000 as at 31 March 2019.

In future, the Group will seize the opportunities offered by the resumption of stability in global financial markets and a return to the 30,000-point mark for the Hang Seng index, sticking to our proactive business development strategy and investing heavily into the Group’s trading system to enhance its speed and cyber security to ensure our clients can trade with ease of mind. With a growing demand for mobile applications (apps) by investors, the Group has also developed two original trading apps, “BS Securities (Baobao)” and “BS Futures (Doudou)”, to provide one-stop trading service platforms for our clients who can now open accounts, perform two-factor authentication and trade right

1

away at anytime and anywhere by using just one single app. As a result, “BS Securities (Baobao)” and “BS Futures (Doudou)” have reached over 30,000 downloads in Mainland China and Hong Kong shortly after their launch and it is believed that the apps can bring profits to Shareholders. Meanwhile, the Group will continue to organise series of large-scale recruitment seminars to recruit talents to enhance our competitiveness and to provide the best services to our clients. The Group will, as before, uphold “Best Value for Money” as our market position and strive to provide our clients with the best services by adherence to our core values of “Integrity, Sincerity, Fairness and Conscience”, together with our extensive branch network, diversified products, comprehensive marketing strategy and good reputation, aiming to expand our clientele on an ongoing basis.

Information contained in this announcement is only a preliminary assessment made by the Board with reference to the latest unaudited consolidated management accounts of the Group and the information currently available, which has not been reviewed by the auditors and the audit committee of the Company.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board Bright Smart Securities & Commodities Group Limited Hui Yik Bun Executive Director and Chief Executive Officer

Hong Kong, 8 April 2019

As at the date of this announcement, the Board comprises Messrs. Yip Mow Lum (Chairman), Hui Yik Bun (Chief Executive Officer), Chan Wing Shing, Wilson, Yu Yun Kong*, Szeto Wai Sun* and Ling Kwok Fai, Joseph*.

* Independent Non-executive Directors

2