Bright Smart Securities & Commodities Group Limited — Earnings Release 2020

Jan 6, 2020

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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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 FIRST NINE MONTHS OF YEAR 2019/20

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 first nine-month period from 1 April 2019 to 31 December 2019 (the “ Period ”), the unaudited consolidated net profit (after tax) for the Period was approximately HK$317 million.

In future, the Group will continue to develop its business and increase its revenue, it will continue to adopt a 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. Furthermore, the Group is well aware of the investors’ demand for financial technologies. As such, we have actively engaged in digitalising investment services and spent tens of million dollars and 6 months of time to develop two original trading applications (apps), “BS Securities (Baobao)” and “BS Futures (Doudou)”, providing one-stop trading service platforms for our clients to open accounts, perform two-factor authentication and conduct trade anytime and anywhere with the apps. Both trading apps have been popular among investors; since the launching of the apps they have been downloaded nearly 300,000 times. To accommodate clients’ needs, the Group also continues implementing new functions in the trading system; for example, features including “Real-time Profit & Loss”, “Sell Odd Lot”, “Trading History”, “Warrant & CBBC Search”, “CBBC Outstanding Distribution” and “Smart Stock Search” have been added to “BS Securities (Baobao)” app. The Group will, as before, adhere to our core values of “Caring about Clients’ Needs, Leading the Industry”, together with our extensive branch network, diversified products, comprehensive marketing strategy and band image, aiming to expand our clientele on an ongoing basis.

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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, 6 January 2020

As at the date of this announcement, the Board comprises Mr. Yip Mow Lum (Chairman), Mr. Hui Yik Bun (Chief Executive Officer), Mr. Chan Wing Shing, Wilson as Executive Directors; and Mr. Yu Yun Kong, Mr. Szeto Wai Sun and Mr. Ling Kwok Fai, Joseph as Independent Non-executive Directors.

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