China Silver Group Limited — Earnings Release 2017

Aug 7, 2017

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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CHINA SILVER GROUP LIMITED

中國白銀集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 815)

POSITIVE PROFIT ALERT

This announcement is made by China Silver Group Limited (the “ Company ” and together with its subsidiaries, collectively the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) 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 of directors of the Company wishes to inform the shareholders of the Company and potential investors that, based on the preliminary review of the information which includes, but without limitation to, the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 (the “ 1H2017 ”) which have not been confirmed, reviewed or audited by the auditors of the Company and other information currently available to the Group, the Group is expected to record an increase of not less than 50% in its consolidated net profit attributable to owners of the Company for the 1H2017 as compared to that for the six months ended 30 June 2016 (the “ 1H2016 ”) (the unaudited consolidated net profit attributable to owners of the Company for the 1H2016 amounted to approximately RMB94.2 million). The expected increase in the consolidated net profit is mainly attributable to, including but not limited to, the following reasons:

• (i) the significant increase in gross profit of the upstream smelting business due to stabilisation of the international commodity market;

• (ii) the continual strong growth recorded in the downstream new jewellery retail business; and

• (iii) the granting of reduction in the enterprise income tax rate of a major subsidiary.

The Company is still in the process of finalising its interim results for 1H2017. Detailed financial information and performance of the Group for 1H2017 will be disclosed in the Company’s interim results announcement for 1H2017 which is expected to be published by the end of August 2017. The information contained in this announcement is only based on the Company’s preliminary review of the unaudited consolidated management accounts of the Group, which have not been confirmed, reviewed or audited by the Company’s auditor or audit committee and may be subject to adjustments.

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

By order of the Board China Silver Group Limited Chen Wantian Chairman

7 August 2017, Hong Kong

As at the date of this announcement, the executive directors are Mr. Chen Wantian, Mr. Sung Kin Man, Mr. Song Guosheng, and Mr. Chen Guoyu; and the independent non-executive directors are Mr. Guo Bin, Mr. Song Hongbing, Dr. Li Haitao and Dr. Zeng Yilong.