GoFintech Quantum Innovation Limited — M&A Activity 2013

Jan 29, 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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NEW TIMES ENERGY CORPORATION LIMITED 新時代能源有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 00166)

ADDENDUM TO MEMORANDUM OF UNDERSTANDING IN RELATION TO A POSSIBLE ACQUISITION OF 10% OF THE ENTIRE ISSUED CAPITAL OF RICH JOINT GROUP LIMITED

Reference is made to the announcement of New Times Energy Corporation Limited (the “ Company ”) dated 24 December 2012 (“ December Announcement ”) in relation to a MOU entered into between the Vendor and the Purchaser for a Possible Acquisition.

Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meaning on those defined in December Announcement.

PAYMENT OF SECOND EARNEST MONEY

On 29 January 2013 (after trading hours), the Vendor, the Purchaser and the Target Company entered into an addendum to the MOU (“ Addendum ”) to record the followings:

• (1) The Purchaser shall on or before 29 January 2013 deposit a sum of RMB5 Million (or its equivalent in Hong Kong Dollars) into a bank account designated by the Vendor being the second refundable earnest money (“ Second Earnest Money ”) in relation to the Possible Acquisition;

• (2) The Second Earnest Money together with the Earnest Money paid by the Purchaser shall be treated as part payment of deposit upon the signing of Formal Agreement;

• For identification purpose only

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• (3) In consideration of the payment of the Second Earnest Money, the Vendor undertakes by itself and to procure the Target Company to finalise the negotiation with those persons, that the Vendor has at the time of signing the MOU already been engaged in discussion and negotiation and are being disclosed to the Purchaser, relating to the purchase of any other equity interest in the Target Group on or before 31 March 2013 and that the total consideration of such transactions will not be exceeded RMB400 Million;

• (4) The Target Company agrees to sign the Addendum to acknowledge and carry out the contents of the Addendum; and

• (5) The terms of the Addendum relating to the Vendor and the Purchaser form part of the MOU and the contents of the MOU shall be amended accordingly.

Save and except the aforesaid amendments, the other terms and conditions of the MOU remain unchanged.

By Order of the Board

New Times Energy Corporation Limited 新時代能源有限公司 Cheng Kam Chiu, Stewart Chairman

Hong Kong, 29 January 2013

As at the date of this announcement, the Board comprises seven Directors, of which three are executive Directors, namely Mr. Cheng Kam Chiu, Stewart, Mr. Cheng Ming Kit and Mr. Sun Jiang Tian; one non-executive Director, namely Mr. Wong Man Kong, Peter; and three independent non-executive Directors, namely Mr. Chan Chi Yuen, Mr. Fung Siu To, Clement and Mr. Chiu Wai On.

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