Qiniu Limited — Capital/Financing Update 2018

Nov 2, 2018

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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SIBERIAN MINING GROUP COMPANY LIMITED 西伯利亞礦業集團有限公司 *

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1142)

SUPPLEMENTAL ANNOUNCEMENT ON

TRANSFER OF CONVERTIBLE NOTES AND AMENDMENT OF TERMS AND CONDITIONS OF CONVERTIBLE NOTES;

PARTIAL CONVERSION OF CONVERTIBLE NOTES; AND LITIGATIONS

Siberian Mining Group Company Limited (the “ Company ”) makes this supplemental announcement in response to a query raised by The Stock Exchange of Hong Kong Limited.

Reference is made to the announcements of the Company dated 19 October 2018 and 22 October 2018 relating to, inter alia, the transfer, amendment and partial conversion of convertible notes of the Company (the “ Transactions ”), and to the civil litigations that the Company is currently party to under HCA 1071/2017 and HCA 2501/2017 (the “ Actions ”).

Having consulted its legal advisers, the board of the directors of the Company is of the view that the Transactions do not materially change the nature of the disputes in the Actions. Upon final determination of the Actions by the courts, the Company will comply with the relief (if any) granted by the courts to the relevant party or parties.

By Order of the Board Siberian Mining Group Company Limited Jo Sang Hee Chairman

Hong Kong, 2 November 2018

As at the date of this announcement, the board of the Company consists of Mr. Jo Sang Hee and Mr. Ahn Kibaek as executive directors, and Ms. Chen Dai, Mr. Kwok Kim Hung Eddie and Mr. Lee Sungwoo as independent non-executive directors.

This announcement will remain on the website of The Stock Exchange of Hong Kong Limited at www.hkexnews.hk on the “Latest Listed Company Information” page for at least 7 days from the date of its posting and on the Company’s website at http://siberian.todayir.com.

* For identification purpose only