Capital VC Limited — Capital/Financing Update 2016

Oct 14, 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.

==> picture [163 x 81] intentionally omitted <==

Capital VC Limited 首都創投有限公司

(Incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as CNI VC Limited)

(Stock Code: 02324)

PROFIT WARNING

This announcement is made by the Company pursuant to Inside Information Provisions under Part XIVA of the SFO and Rule 13.09(2)(a) of the Listing Rules.

The Board wishes to inform the Shareholders and potential investors that, based on the preliminary assessment of the Group’s unaudited management accounts for the year ended 30 September 2016 and information currently available to the Board, the Group is expected to record a net loss for the year ended 30 September 2016 as compared to the unaudited net profit for the fifteen months ended 30 September 2015.

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

1

The board of directors (the “Board”) of the Company wishes to inform the shareholders of the Company (the “Shareholders”) and potential investors that, based on the preliminary assessment of the Group’s unaudited management accounts for the year ended 30 September 2016 (the “Current Year”) and information currently available to the Board, the Group is expected to record a net loss for the Current Year as compared to the audited net profit for the fifteen months ended 30 September 2015 as set out in the 2014/15 annual report of the Company. Such expected change in the Group’s results for the Current Year is mainly attributable to change of the performance of Group’s listed investments from profit of approximately HK$397.7 million in the fifteen months ended 30 September 2015 to loss of approximately HK$241.0 million in the Current Year.

The information contained in this announcement is only based on the preliminary assessment made by the Board with reference to the unaudited management accounts of the Group for the Current Year and information currently available and such information has not been audited or reviewed by the Company’s auditor. Shareholders and potential investors are advised to read carefully the annual results announcement of the Company for the Current Year which is expected to be issued in December 2016.

By Order of the Board Capital VC Limited Chan Cheong Yee Executive Director

Hong Kong, 14 October 2016

As at the date of this announcement, the board of directors of the Company comprises executive directors Mr. Kong Fanpeng and Mr. Chan Cheong Yee; and independent non-executive directors Mr. Lam Kwan, Mr. Ong Chi King and Mr. Lee Ming Gin.

2