Confidence Intelligence Holdings Limited — M&A Activity 2022

Nov 8, 2022

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.

CONFIDENCE INTELLIGENCE HOLDINGS LIMITED 信懇智能控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1967)

VOLUNTARY ANNOUNCEMENT

COMPLETION OF ACQUISITION OF 60% OF REGISTERED CAPITAL OF REGAN FINANCIAL INFORMATION

Reference is made to the announcement of Confidence Intelligence Holdings Limited (the “ Company ”) dated 25 July 2022, in relation to, among other things, the acquisition of 60% of registered capital of Regan Financial Information (the “ Announcement ”). This announcement is made by the Company on a voluntary basis to provide the Shareholders and potential investors of the Company with the latest business development of the Group. Unless otherwise defined in this announcement, capitalised terms used herein shall have the same meanings as those ascribed to them in the Announcement.

The Board announces that, on 14 October 2022 (after trading hours of the Stock Exchange), Regan Shiye, Wanhai Big Data (being a wholly-owned subsidiary of the Company), Shanghai Wanhai Jinyuan Business Management Company Limited* (上海萬海金源企業管理有限公 司) (“ Wanhai Jinyuan ”) (being a wholly-owned subsidiary of Wanhai Big Data) and Regan Financial Information entered into a supplemental agreement in respect of the Acquisition (the “ Supplemental Agreement ”), where the parties agreed to (i) amend the purchaser as Wanhai Jinyuan instead of Wanhai Big Data; and (ii) to extend the long stop date to 31 December 2022 (or such later date as may be agreed by the parties in writing). Save as these amendments, the other terms and conditions of the Equity Transfer Agreement as amended by the Supplemental Agreement remain unchanged and continue in full force and effect.

• For identification purpose only

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The Board is pleased to announce that all conditions precedent in the Equity Transfer Agreement (as amended and supplemented by the Supplemental Agreement) were satisfied and the Completion of the Acquisition took place on 3 November 2022. After the Completion and as at the date of this announcement, Regan Financial Information is owned as to 60% by Wanhai Jinyuan and therefore Regan Financial Information has become a non-whollyowned subsidiary of the Company and its financial information shall be consolidated into the consolidated financial statements of the Group.

By order of the Board Confidence Intelligence Holdings Limited Li Hao Chairman

Hong Kong, 8 November 2022

As at the date of this announcement, the executive Directors are Mr. Li Hao, Mr. Zhang Bizhong, Mr. Xu Shizhen, Ms. Li Biqiong and Mr. Hao Xiangjun, the non-executive Director is Mr. Yuan Shuntang, and the independent non-executive Directors are Mr. Wong Chun Sek Edmund, Ms. Mu Lingxia and Mr. Huang Jianfei.

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