SIM Technology Group Limited — Earnings Release 2014

Aug 11, 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.

==> picture [109 x 73] intentionally omitted <==

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

(Incorporated in Bermuda with limited liability)

(Stock code: 2000)

UPDATES ON THE INTERIM FINANCIAL PERFORMANCE OF THE GROUP

The Board wishes to inform the shareholders of the Company and potential investors that the Group estimates to record a net result around breakeven for 1H 2014, which is a significant improvement from a loss of approximately HK$126.0 million for 1H 2013.

The Company is still in the process of finalising the unaudited consolidated interim results of the Group for 1H 2014. The information contained in this announcement is only a preliminary assessment by the management of the Company and is not based on any figures or information which has been audited or reviewed by the Company’s auditors. Finalised interim results of the Group and other details will be disclosed in the 2014 interim report to be published by the Company.

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

This announcement is made by SIM Technology Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to the provisions of inside information under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

1

The board of directors (the “ Board ”) of the Company would like to inform the shareholders of the Company and potential investors that the Group estimates to record a net result around breakeven for the six months ended 30 June 2014 (“ 1H 2014 ”), which is a significant improvement from a loss of approximately HK$126.0 million for the six months ended 30 June 2013 (“ 1H 2013 ”). The improvement in financial performance is mainly attributable to the increase in revenue in 1H 2014 and the reduction in overall operating expenses. Based on the management accounts of the Group, the Group has recorded revenue of approximately HK$925.4 million in 1H 2014 which is a double-digit increase as compared to the unaudited revenue of HK$786.6 million for 1H 2013.

The Company is still in the process of finalising the unaudited consolidated interim results of the Group for 1H 2014. The information contained in this announcement is only a preliminary assessment by the management of the Company and is not based on any figures or information which has been audited or reviewed by the Company’s auditors. Finalised interim results of the Group and other details will be disclosed in the 2014 interim report to be published by the Company.

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

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

11 August 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

2