CM Energy Tech Co., Ltd. — Capital/Financing Update 2013

Jul 31, 2013

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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TSC Group Holdings Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 206)

VOLUNTARY ANNOUNCEMENT

This is a voluntary announcement made by TSC Group Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”). References are made to the announcement of the Company dated 24 April 2012 (the “ Announcement ”), the circular of the Company dated 14 May 2012, the EGM poll results announcement of the Company dated 4 June 2012 and the voluntary announcement dated 20 May 2013. Unless the context otherwise requires, capitalized terms used herein shall have the same meaning as those defined in the Announcement.

The board of directors of the Company is pleased to announce that on 31 July 2013, pursuant to the terms of the New Master Agreement, the Company, as seller, entered into three sales contracts (the “ Sales Contract ”) with Yantai CIMC Raffles Offshore Ltd (“ YCROL ”), as buyer, which is a subsidiary of CIMC Raffles Offshore (Singapore) Limited (“ CIMC Raffles ”). The Sales Contracts comprised of a set of drilling equipment package, deck cranes and electrical controls (the “ Equipment ”) for another Super M2 Jack-up Drilling Rig being built by CIMC Raffles. This is the eighth set of jack-up drilling package and electrical controls the Company will be supplying to CIMC Raffles.

According to the Sales Contracts, the Company’s scope of supply of the Equipment includes engineering support, integration with other systems, checking of installation by witnessing of electrical and mechanical completion check-lists, commissioning and testing of the Equipment, documentation, Classification Society approvals, and services required for the manufacturing through to factory acceptance tests on the Equipment. The terms and conditions of the sales pursuant to the Sales Contracts are the same as those terms and conditions under the New Master Agreement. The total sales under the Sales Contract

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amounted to US$29.6 million. The drilling equipment package and electrical controls are to be delivered by the Company by April 2014, while the deck cranes are to be delivered by the Company by July 2014.

As at the date of this announcement, the Group has transacted with CIMC Raffles pursuant to the New Master Agreement under the continuing connected transactions mandate approved by the Company’s independent shareholders at the extraordinary general meeting of the Company held on 4 June 2012. The above mentioned Sales Contract and previous Sales Contracts were made pursuant to the New Master Agreement and they cover the supply of drilling equipment package, power control package and deck crane with a total contract value of approximately US$58.45 million, within the Annual Cap of US$200 million for the year ended 31 December 2013 approved by the independent shareholders of the Company. Further details regarding the New Master Agreement and the Annual Cap were as set out in the Announcement and the circular of the Company dated 14 May 2012.

By order of the Board TSC Group Holdings Limited Jiang Bing Hua Executive Chairman

Hong Kong, 31 July 2013

As of the date of this announcement, the Board comprises 2 executive Directors, namely Mr. Jiang Bing Hua and Mr. Zhang Menggui; 3 non-executive Directors, namely Mr. Jiang Longsheng, Mr. Brian Chang and Mr. Yu Yuqun; and 4 independent non-executive Directors, namely Mr. Chan Ngai Sang, Kenny, Mr. Bian Junjiang, Mr. Guan Zhichuan and Mr. Robert William Fogal Jr.

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