Huitongda Network Co., Ltd. — Capital/Financing Update 2021

Sep 14, 2021

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)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”).

The board (the “ Board ”) of directors (the “ Director(s) ”) of CMMB Vision Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) announces that options (the “ Share Options ”) to subscribe for a total of 9,817,300 new ordinary shares of HK$0.20 each of the Company (the “ Shares ”) were granted on 14 September 2021 under the Company’s Share Option Scheme adopted on 18 December 2015. The Share Options are subject to acceptance by the grantees (“ Option Grantees ”) thereof. The following are the details of the Share Options granted:

Details of such grant of Share Options are set out below:

Date of grant : 14 September 2021 Exercise price of the Share : HK$0.30 per Share Options Number of Share Options : 9,817,300 share options Closing price of the Shares on the : HK$0.275 per Share date of grant

Exercise period of the Share Options : 3 years commencing from 14 September 2021 and expiring on 13 September 2024, both dates inclusive

The exercise price of HK$0.30 per Share is determined with reference to the higher of: (i) the closing price of HK$0.275 per Share as stated in the daily quotation sheets issued by the Stock Exchange on the date of grant; (ii) the average closing price of HK$0.236 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the date of grant; and (iii) the nominal value of the Share of HK$0.20 each in the capital of the Company.

Out of the 9,817,300 Share Options, 2,849,100 Share Options were granted to a consultant of the Company (the “ Consultant ”).

To the best knowledge of the Directors, the background of the Consultant is as follows:

Consultant C

Consultant C is an independent third party and has been working on the coordination with various Chinese-based entities to introduce and promote our satellite-mobile multimedia services for the year ended 31 December 2020. Consultant C was granted with 2,849,100 Share Options.

None of the Option Grantees will be holding more than 1% of the Shares issued and to be issued upon exercise of the Options of the Company upon exercise of the Option(s) and, if any, other share options granted (including exercised, cancelled and outstanding options) in the 12-month period up to and including 14 September 2021.

None of the Option Grantees is a Director, chief executive or substantial shareholder (as defined in the Listing Rules) of the Company, or any of their respective associates (as defined in the Listing Rules).

By order of the Board CMMB Vision Holdings Limited

Wong Chau Chi Chairman

Hong Kong, 14 September 2021

As at the date of this announcement, the executive director is Mr. WONG Chau Chi; the non-executive directors are Dr. LIU Hui, Mr. CHOU Tsan-Hsiung and Mr. YANG Yi; and the independent non-executive directors are Dr. LI Shan, Dr. LI Jun and Mr. CHOW Kin Wing.

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