Jimu Group Limited — Capital/Financing Update 2021

Jul 8, 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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JIMU GROUP LIMITED 積木集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8187)

INSIDE INFORMATION SUPPLEMENTAL PLACING AGREEMENT IN RESPECT OF PLACING OF EXISTING SHARES BY CONTROLLING SHAREHOLDER

Placing Agent

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This announcement is made by Jimu Group Limited (the “ Company ”) pursuant to Rule 17.10(2)(a) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcement of the Company dated 28 June 2021 (the “ Announcement ”). Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless the context otherwise requires.

The Board was informed by the Vendor that it has entered into a supplemental placing agreement (the “ Supplemental Agreement ”) in respect of the Placing on 8 July 2021 (after trading hours) with the Placing Agent pursuant to which both parties have mutually agreed to extend the Placing period. Pursuant to the Supplemental Agreement, the Placing period will end on the earlier of (i) 5:00 p.m. on Tuesday, 13 July 2021; or (ii) the time and date on which purchase orders from Placees for no less than 350,400,000 Placing Shares in aggregate have been received by the Placing Agent, or at such other time and/or date as the Vendor and the Placing Agent may agree in writing. Save for the aforesaid change to the Placing period, all other terms of the Placing Agreement remain unchanged and in full force and effect.

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As the Placing may or may not proceed, shareholders of the Company and potential investors of the Company are advised to exercise caution when dealing in the Shares.

By order of the Board Jimu Group Limited Dong Jun Chairman

Hong Kong, 8 July 2021

As at the date of this announcement, the executive Directors are Mr. Dong Jun, Mr. Huang Zexiong, Mr. Chen Zuze and Mr. Sheung Kwong Cho; the non-executive Director is Mr. Wen Cyrus Jun-ming; and the independent non-executive Directors are Mr. Ni Zhixing, Mr. Eric Todd and Mr. Lam Wai Hung.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief:– (1) the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive; and (2) there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at http://www.hkgem.com for at least 7 days from the date of its posting and on the Company’s website at http://www.jimugroup.hk. In case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.

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