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CM Energy Tech Co., Ltd. Capital/Financing Update 2016

Feb 1, 2016

49033_rns_2016-02-01_25687e1e-9393-4d40-ad82-80217d58596b.pdf

Capital/Financing Update

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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)

FURTHER UPDATE ON THE POTENTIAL QUOTATION OF TSC OIL & GAS SERVICES ON THE NATIONAL EQUITIES EXCHANGE AND QUOTATIONS SYSTEM (THE NEW THIRD BOARD*)

References are made to the announcements of TSC Group Holdings Limited (the “ Company ”) dated 9 June 2015 and 23 November 2015 respectively (the “ Announcements ”) in relation to the Potential Quotation of the shares in TSC Oil and Gas Services Holdings Ltd. (“ TSC Oil & Gas Services ”) (formerly known as “TSC (Qingdao) Manufacture Co., Ltd” (“TSCQD”)) on the NEEQ. Unless otherwise stated, capitalised terms used herein shall bear the same meanings as those defined in the Announcements.

On 29 January 2016, TSC Oil & Gas Services successfully completed the quotation application documents submission to NEEQ. Such submission has been accepted by NEEQ after checking that the documents provided conformed to the requirements of the NEEQ’s quotation application requirements.

The Potential Quotation is subject to the approval of NEEQ Co., Ltd and there is no assurance that the Potential Quotation will take place or if it does, the timing thereof. Accordingly, shareholders and potential investors of the Company are advised to exercise caution when dealing or intending to deal in the shares in the Company.

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References are made to the announcements of TSC Group Holdings Limited (the “ Company ”) dated 9 June 2015 and 23 November 2015 respectively (the “ Announcements ”) in relation to the Potential Quotation of the shares in TSC Oil & Gas Services on the NEEQ. Unless otherwise stated, capitalised terms used herein shall bear the same meanings as those defined in the Announcements.

TSC OIL & GAS SERVICES SUCCESSFULLY COMPLETED NEEQ QUOTATION APPLICATION ACCEPTANCE

On 29 January 2016, TSC Oil & Gas Services successfully completed the quotation application documents submission to the NEEQ. Such submission has been accepted by NEEQ after checking that the documents provided conformed to NEEQ’s quotation application requirements.

TSC Oil & Gas Services, a specific business spun-off by the Company, which is principally engaged in MRO (Maintenance, Repair and Operations) supplies and oil & gas equipment services, is expected to be officially listed in mainland China at the end of April or the beginning of May 2016. Over the next three months, further auditing will occur. The successfully listing of TSC Oil & Gas Services will not only provide a viable financing channel and broadened capital markets environment for TSC Group, but would also inject new power into China’s oil & gas equipment services industry.

The Potential Quotation is subject to the approval of NEEQ Co., Ltd and there is no assurance that the Potential Quotation will take place or if it does, the timing thereof. Accordingly, shareholders and potential investors of the Company are advised to exercise caution when dealing or intending to deal in the shares of the Company.

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

Hong Kong, 1 February 2016

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.

  • For identification purpose only

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