Huitongda Network Co., Ltd. — Capital/Financing Update 2016

Aug 29, 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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CMMB VISION HOLDINGS LIMITED 中國移動多媒體廣播控股有限公司 (incorporated in the Cayman Islands with limited liability) (Stock code: 471)

UPDATE ON CAPITAL REDUCTION AND SUB-DIVSION

References are made to the announcement of CMMB Vision Holdings Limited (the “ Company ”) dated 11 May 2016 (the “ Announcement ”) and the circular of the Company dated 18 May 2016 (the “ Circular ”) in relation to, among other things, the Capital Reduction and the Sub-division. Unless otherwise stated, terms defined in the Announcement and the Circular shall have the same meanings when used in this announcement.

The Board is pleased to announce that the Court has approved the Capital Reduction at a petition hearing held on 26 August 2016 (Cayman Islands time). A copy of the order granted by the Court confirming the Capital Reduction and the minutes approved by the Court containing the particulars required under the Companies Law with respect to the Capital Reduction are expected to be filed and registered with the Registrar of Companies in the Cayman Islands on 7 September 2016 (Cayman Islands time).

The expected timetable for the implementation of the Capital Reduction and the Sub-division has been revised as follows:

Key event Date Expected date of registration of a copy of the Wednesday, 7 September 2016 court order confirming the Capital Reduction ( Cayman Islands Time ) and the minutes approved by the Court pursuant to the Companies Law

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Date

Key event

Expected effective date of the Capital Reduction and the Sub-division (one business day after the registration date due to time difference between Hong Kong and the Cayman Islands)

Thursday, 8 September 2016

Commencement of dealing in the New Shares

9:00 a.m. on Thursday, 8 September 2016

First day for free exchange of existing share certificates for the Consolidated Shares into new share certificates for the New Shares

9:00 a.m. on Thursday, 8 September 2016

Last day for free exchange of existing share certificates for the Consolidated Shares into new share certificates for the New Shares

4:30 p.m. on Friday, 7 October 2016

Note: All times in this timetable refer to Hong Kong times unless otherwise stated.

Further announcement(s) will be made by the Company if there will be any further change in the timetable for the implementation of the Capital Reduction and the Sub-division as appropriate.

Free Exchange of Share Certificates

Subject to the Capital Reduction and the Sub-division becoming effective, Shareholders may, during the period from 9:00 a.m. on 8 September 2016 to 4:30 p.m. on 7 October 2016 (both days inclusive), submit share certificates for the Consolidated Shares in purple colour to the Company’s branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 183 Queen’s Road East, Wan Chai, Hong Kong, in exchange, at the expense of the Company, for new share certificates for the New Shares in green colour within the prescribed time. Thereafter, certificates of the Consolidated Shares will remain effective as documents of title but will be accepted for exchange only on payment of a fee of HK$2.50 (or such other amount as may from time to time be specified by the Stock Exchange) per certificate issued or cancelled, whichever is higher, payable by the Shareholders.

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All existing certificates of the Consolidated Shares will continue to be evidence of title to such Shares and be valid for delivery, trading and settlement purpose.

By order of the Board CMMB Vision Holdings Limited Wong Chau Chi Chairman

Hong Kong, 29 August 2016

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. WONG Chau Chi and Dr. LIU Hui; two non-executive Directors, namely Mr. CHOU Tsan-Hsiung and Mr. YANG Yi; and three independent non-executive Directors, namely Mr. WANG Wei-Lin, Mr. LI Shan and Dr. LI Jun.

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