HC Group Inc. — Capital/Financing Update 2016

Apr 1, 2016

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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HC INTERNATIONAL, INC. 慧聰網有限公司[*] (incorporated in the Cayman Islands with limited liability) (Stock Code: 02280)

SECOND CONFIRMATION LETTER CONCERNING THE CONNECTED TRANSACTION IN RELATION TO THE PROPOSED SUBSCRIPTION OF ZERO COUPON CONVERTIBLE BONDS UNDER SPECIFIC MANDATE

Reference is made to the announcements of HC International, Inc. (the “ Company ”) dated 9 December 2015, 30 December 2015 and 29 February 2016 respectively and the circular dated 12 January 2016 (the “ Circular ”) in relation to, among other things, the Subscription. Capitalised terms used in this announcement shall have the same meaning as defined in the Circular unless otherwise stated.

THE SECOND CONFIRMATION LETTER

The Board announces that after trading hours on 1 April 2016, the Company and the Subscribers signed a second confirmation letter to the Subscription Agreement, whereby all the parties agreed to extend the Long Stop Date from 31 March 2016 (or such other date as the Company and the Subscribers may mutually agree in writing) to 30 April 2016 (or such other date as the Company and the Subscribers may mutually agree in writing).

Save for the information disclosed above, all relevant terms and conditions of the Subscription Agreement shall remain unchanged and continue in full force and effect.

By order of the Board HC INTERNATIONAL, INC. Guo Jiang

Chief Executive Officer and Executive Director

Beijing, the People’s Republic of China, 1 April 2016

• for identification purpose only.

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As at the date of this announcement, the Board comprises:

• Mr. Guo Fansheng (Executive Director and Chairman)

• Mr. Guo Jiang (Executive Director and Chief Executive Officer)

• Mr. Lee Wee Ong (Executive Director and Chief Financial Officer)

• Mr. Li Jianguang (Non-executive Director)

• Mr. Guo Wei (Non-executive Director)

• Mr. Zhang Ke (Independent non-executive Director)

• Mr. Xiang Bing (Independent non-executive Director)

• Mr. Zhang Tim Tianwei (Independent non-executive Director)

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