China Silver Group Limited — M&A Activity 2015

Jun 17, 2015

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 content 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)

DECISION Of NOT TO PROCEED wITH THE PROPOSED ACqUISITION AS MENTIONED IN THE MOU

Joint financial Advisors

This announcement is made by China Silver Group Limited (the “Company”) pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcement (“May Announcement”) of the Company and dated 5 May 2015 in connection with the Company entering into the MOU in connection with the proposed acquisition of the entire issued share capital in Rich Metro Holdings Limited. Capitalised terms defined in the May Announcement shall, unless the context requires otherwise, have the same meanings when used in this announcement.

The Board would announce that on 17 June 2015, after having discussed with the Company’s advisers (including its joint financial advisers (namely, Credit Suisse (Hong Kong) Limited and Octal Capital Limited), legal advisers and auditors) and considered the due diligence progress in connection with the Proposed Acquisition, the Board decided to terminate the MOU and the Company will not proceed with the Proposed Acquisition. On the same date (i.e. 17 June 2015), the Company gave a notice to the Vendor, notifying the Vendor that the Company would no longer proceed with the Proposed Acquisition, and would agree to waive its exclusive right to negotiation and discussion with the Vendor about the Proposed Acquisition as contained in the MOU.

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Shareholders and potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company.

By the order of the Board China Silver Group Limited Sung Kin Man Chief Executive Officer and Executive Director

• 17 June 2015, Hong Kong

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

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