Mobvista Inc. — M&A Activity 2023

Nov 13, 2023

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.

Mobvista Inc. 匯量科技有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1860)

FURTHER UPDATE ON THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN BEIJING REYUN TECHNOLOGY CO., LTD.*

References are made to the announcements of Mobvista Inc. (the “ Company ”) (i) dated 8 September 2023 in respect of an arbitral award (the “ Award ”) relating to the acquisition of the entire equity interest in Beijing Reyun Technology Co., Ltd* (北京熱雲科技有限公司 ); and (ii) dated 17 September 2023 in respect of the applications filed by the Company and Reyun Technology to set aside the Award (collectively, the “ Announcements ”). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

In light of the setting aside applications in relation to the Award, the Company and Reyun Technology have applied for, and the Beijing No. 1 Intermediate People’s Court has granted, a stay of enforcement of the Award, pending the outcomes of the said setting aside applications.

The Company will make further announcements in this regard as and when appropriate.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board Mobvista Inc. DUAN Wei Chairman

Guangzhou, PRC, 13 November 2023

As at the date of this announcement, the Board comprises Mr. DUAN Wei (Chairman), Mr. CAO Xiaohuan (chief executive officer), Mr. FANG Zikai and Mr. SONG Xiaofei as executive Directors; Mr. WONG Tak-Wai as a non-executive Director; and Mr. SUN Hongbin, Ms. CHEUNG Ho Ling Honnus and Mr. WONG Ka Fai Jimmy as independent non-executive Directors.