Comba Telecom Systems Holdings Limited — Capital/Financing Update 2018

Jun 14, 2018

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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(Incorporated in Bermuda with limited liability) (Stock Code: 1003)

EXTENSION OF THE COMPLETION DATE OF THE COOPERATION AGREEMENT

Reference is made to the announcement (the “ Announcement ”) of Huanxi Media Group Limited (the “ Company ”) dated 24 May 2018 in relation to the entering into the Cooperation Agreement. Unless otherwise stated, capitalised terms used in this announcement should have the same meaning as those defined in the Announcement.

On 14 June 2018 (after trading hours), the Company and Unique Swift Limited entered into a supplemental agreement (the “ Supplemental Agreement ”) pursuant to which the parties thereto agreed to extend the deadline in respect of the payment of the operating fund and issuance of New Shares under general mandate as set out in the Cooperation Agreement to on or before 15 August 2018 or such other date as the parties thereto may agree (The original deadline for payment of the operating fund and issuance of New Shares were on or before 14 June 2018 and 23 June 2018 respectively). Save and except the aforesaid change as set out in the Supplemental Agreement, all other terms and conditions of the Cooperation Agreement remain unchanged.

The Company will make further announcement(s) in relation to the Cooperation Agreement as and when appropriate.

By Order of the Board Huanxi Media Group Limited Xiang Shaokun, Steven Executive Director and Chief Executive Officer

Hong Kong, 14 June 2018

As at the date of this announcement, the Board comprises Mr. Dong Ping (Chairman) and Mr. Xiang Shaokun, Steven (Chief Executive Officer) as executive directors, Mr. Ning Hao, Mr. Xu Zheng and Mr. Gao Zhikai as non-executive directors, and Mr. Su Tuong Sing, David, Mr. Li Xiaolong and Mr. Wong Tak Chuen as independent non-executive directors.

* For identification purpose only