China Silver Group Limited — M&A Activity 2016

Feb 1, 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.

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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)

COMPLETION OF DISCLOSEABLE TRANSACTION IN RESPECT OF THE EFFECTIVE ACQUISITION OF THE REMAINING 75% EQUITY INTEREST IN SHANGHAI HUATONG THROUGH A SERIES OF ARRANGEMENTS INVOLVING ISSUE OF CONSIDERATION SHARES UNDER GENERAL MANDATE

Reference is made to the announcements (the “ Announcements ”) of China Silver Group Limited (the “ Company ”) dated 11 December 2015 and 25 January 2016 in relation to, among other things, the sale and purchase of the entire issued share capital of the Target Company involving issue of Consideration Shares under the General Mandate. Unless otherwise defined herein, terms used in this announcement shall have the same meaning as those defined in the Announcements.

THE VIE AGREEMENTS

The Board is pleased to announce that on 28 January 2016, the WFOE has entered into the VIE Agreements with Shanghai Huatong and/or the shareholders of Shanghai Huatong.

COMPLETION OF THE SALE AND PURCHASE AGREEMENT

The Board is pleased to announce that all the Conditions Precedent under the Sale and Purchase Agreement have been fulfilled and the Completion took place on 1 February 2016 in accordance with the terms of the Sale and Purchase Agreement. Accordingly, the Target Company has become a wholly-owned subsidiary of the Company and the financial results of the Target Group shall be consolidated into the financial statements of the Group.

By Order of the Board CHINA SILVER GROUP LIMITED Sung Kin Man Chief Executive Officer and Executive Director

Hong Kong, 1 February 2016

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