Capital VC Limited — Capital/Financing Update 2021

Apr 21, 2021

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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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)

SUPPLEMENTAL ANNOUNCEMENT POSITIVE PROFIT ALERT

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

Reference is made to the announcement made by the Company dated 15 April 2021 in relation to the positive profit alert (the “ Announcement ”). Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The Board wishes to further inform the shareholders and potential investors of the Company that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group and the information currently available to the Board, the Group has recorded net gain on financial assets at fair value through profit or loss of approximately HK$40.2 million for the Interim Period (six months ended 31 March 2020: loss of approximately HK$60.0 million) and net profit for the Interim Period of approximately HK$46.0 million (six months ended 31 March 2020: loss of HK$60.9 million).

As at the date hereof, the Group is still in the process of finalising its unaudited consolidated financial results for the Interim Period. The information contained in this announcement is only based on the preliminary assessment of the consolidated management accounts of the Group made by the Board with reference to the information currently available to the Board and is not based on any figure or information which has been audited or reviewed by the auditors of the Company or reviewed by the audit committee of the Board and may be subject to adjustments where necessary. The finalised interim results for the six months ended 31 March 2021 are expected to be published in May 2021.

Save as disclosed above, all other information in the Announcement remains unchanged.

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

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

Hong Kong, 21 April 2021

As at the date of this announcement, the Board comprises Mr. Kong Fanpeng and Mr. Chan Cheong Yee as executive directors; and Mr. Lee Ming Gin, Ms. Lai Fun Yin and Mr. Cheung Wai Kin as independent non-executive directors.

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