SIM Technology Group Limited — Capital/Financing Update 2014

Dec 10, 2014

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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SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 2000)

ANNOUNCEMENT

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571).

The board of directors of SIM Technology Group Limited (“ Company ”, together with its subsidiaries, “ Group ”) hereby announces that the unaudited monthly revenue of the Group for the month of November 2014 is approximately HK$222.2 million (October 2014: HK$237.9 million), in which all of the revenue was from the sale of handsets and solutions, wireless modules and internet of things business (“ core business ”) (October 2014: HK$237.9 million). The revenue of core business of November 2014 decreased by 6.6% as compared with that of last month, and increased by 71.9% as compared with that of the same period last year (November 2013: HK$129.2 million). The unaudited revenue of the Group for the eleven months ended 30 November 2014 is approximately HK$1,937.1 million.

The principal activities of the Group are manufacturing, design and development and sale of handsets and solutions, wireless communication modules and internet of things business and property development in China.

The above information is extracted from the management accounts of the Group, which have not been reviewed or audited by the auditors of the Company. All information shall be subject to the audited and interim financial information of the Group. Investors and shareholders of the Company are advised not to rely on such information, and the directors of the Company shall not be responsible for any reliance placed thereon. Investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.

By order of the Board SIM Technology Group Limited Wong Cho Tung Director

10 December 2014

As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Zhang Jianping, Ms Tang Rongrong, Mr Chan Tat Wing, Richard and Mr Liu Hong, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Xie Linzhen and Mr Dong Yunting.

• For identification purposes only