SIM Technology Group Limited — Earnings Release 2015

Feb 25, 2015

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)

PROFIT ALERT

The Board wishes to inform the shareholders of the Company and potential investors that the Group will have a significant improvement in the financial performance in terms of revenue and results in FY2014 and it is expected that the Group will turn around to a profit for FY2014 as compared to a loss attributable to owners of the Company at HK$239.2 million in FY2013. Based on the management accounts of the Group, the Group has recorded revenue of approximately HK$2,352.4 million in FY2014 which is a double-digit increase as compared to the revenue of approximately HK$1,716 million for FY2013.

The Company is still in the process of finalising the unaudited consolidated annual results of the Group for FY2014. 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 annual results of the Group and other details will be disclosed in the 2014 annual 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 ”).

The board of directors (the “ Board ”) of the Company would like to inform the shareholders of the Company and potential investors that the Group will have a significant improvement in the financial performance in terms of revenue and results in the year ended 31 December 2014 (“ FY2014 ”) and it is expected that the Group will turn around to a profit for FY2014 as compared to a loss attributable to owners of the Company at HK$239.2 million in the year ended 31 December 2013 (“ FY2013 ”). Based on the management accounts of the Group, the Group has recorded revenue of approximately HK$2,352.4 million in FY2014 which is a double-digit increase as compared to the revenue of approximately HK$1,716 million for FY2013.

The turn-around is mainly attributable to the increase in revenue in FY2014, the reduction in overall operating expenses and the significant decrease in impairment loss recognised in respect of property, plant and equipment.

The Company is still in the process of finalising the unaudited consolidated annual results of the Group for FY2014. 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 annual results of the Group and other details will be disclosed in the 2014 annual 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

25 February 2015

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