CM Energy Tech Co., Ltd. — Capital/Financing Update 2015

Aug 27, 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 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 announcement is a voluntary disclosure made by TSC Group Holdings Limited (the “ Company ” or “ TSC ”, together with its subsidiary, the “ Group ”) to provide its shareholders and potential investors with updated operating information in relation to the recent business development of the Group.

CONSTRUCTION CONTRACTS

The Board is pleased to announce that on 21 August 2015, EMER International Limited, a wholly-owned subsidiary of the Company, entered into three contracts to provide a drilling equipment package, electric control and deck cranes for the R-550D H6006 Jack-up drilling rig (the “ Contracts ”) for the fabrication, construction, equipping, testing, installation and commissioning with CSSC Huangpu Wenchong Shipbuilding Company Limited (“ CSSC Huangpu ”). This is the second time TSC and CSSC Huangpu work together in drilling equipment package. The total aggregate value of the Contracts is approximately US$52,216,300. According to the Contracts, the drilling equipment package will be delivered in accordance with the delivery schedule starting from the second quarter of 2016 to the first quarter of 2017. Delivery of the electric control and deck cranes will be starting in the second quarter of 2016 and the last quarter of 2016 respectively. Both deliveries will be discharged by the Company to CSSC Huangpu.

The R-550D H6006 Jack-up rig is the first high performance rig built resulting from the trilateral cooperation between CSSC Huangpu, Zentech Incorporated (“ Zentech ”) and the Company. This is a high performance rig designed for operation in harsh marine environments at water depths of up to 400 feet.

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REASONS FOR ENTERING INTO THE AGREEMENT

With the continuing providing products and services through this strategic alliance with CSSC Huangpu and Zentech on Jack-up rigs operating beyond 300 feet water depth. The growing demand for these new designs operating in deeper waters offers a unique opportunity to the Company through the Contracts. The transaction arising from the Contracts will be conducted in the ordinary and usual course of business of the Company.

To the best of the knowledge, information and belief of the Board having made all reasonable enquiries, CSSC Huangpu is an independent third party not connected with the Directors, chief executive or substantial shareholders of the Company or any of its subsidiaries or their respective associates and is not a connected person of the Company (as defined in the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited).

REASONS FOR AND BENEFITS OF ENTERING INTO THE CONTRACTS

The Company is an integrated solutions provider of complete mission critical drilling packages for the oil drilling industry. The Company has already provided several drilling packages on Jack-up rigs and this will be the 10th Jack-up drilling package for the Company.

The alignment of the long-term strategies of the Company, CSSC Huangpu and Zentech in the trilateral strategic alliance enables them to integrate their core competencies to provide customers with advanced Jack-up drilling rigs which meets with the growing demand for high performance rigs. The three partners of the alliance will continue to cooperate and promote more drilling platforms in the future to meet the market demand. Their cooperation will develop and build a new generation and brand of advanced Jack-up platforms for the offshore marine industry.

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

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

Hong Kong, 27 August 2015

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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