SIM Technology Group Limited — Earnings Release 2017

Mar 10, 2017

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 February 2017 is approximately HK$296.4 million (January 2017: HK$165.9 million), in which the revenue from the sale of residential properties is approximately HK$7.5 million (January 2017: HK$3.9 million) and the revenue from the sale of handsets and intelligent terminals, the wireless communication modules business, the internet of things business together with the intelligent manufacturing business (together, “ core business ”) is approximately of HK$288.9 million (January 2017: HK$161.9 million). The revenue of the core business of February 2017 increased by 78.4% as compared with that of last month, and increased by 25.1% as compared with that of the same period last year (February 2016: HK$231.0 million). The unaudited revenue of the Group for the two months ended 28 February 2017 is approximately HK$462.3 million, which increased by 7.3% as compared to same period last year (two months ended 28 February 2016: HK$430.9 million).

The Group is principally engaged in the People’s Republic of China in (i) the design and OEM (original equipment manufacturer) of handsets and intelligent terminals, (ii) the design and development, manufacturing and sale of wireless communication modules, (iii) the intelligent manufacturing business, (iv) the internet of things business and (v) property development in a small scale.

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 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 March 2017

As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Ms Tang Rongrong, Mr Chan Tat Wing, Richard, Mr Liu Hong and Mr Liu Jun, 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