Skyworth Group Limited — Capital/Financing Update 2013

Dec 30, 2013

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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SKYWORTH DIGITAL HOLDINGS LIMITED ( 創維數碼控股有限公司 *)

(Incorporated in Bermuda with limited liability)

(Stock Code: 00751)

UPDATES ON DISCLOSEBALE TRANSACTION AND PROPOSED SPIN-OFF OF SHENZHEN SKYWORTH DIGITAL TECHNOLOGY CO., LTD.

Reference is made to the announcements of Skyworth Digital Holdings Limited (the “ Company ”) dated 22 April 2013, 10 May 2013, 27 May 2013, 2 August 2013, 9 August 2013 and 21 November 2013 (the “ Announcements ”) and the circular dated 5 June 2013 (the “ Circular ”) in relation to the Company’s proposed spin-off of its digital set-top box business. Unless otherwise stated, capitalised terms used herein shall have the same respective meanings as defined in the Announcements and the Circular.

After discussions among the Company, China Resources Jinhua, SSDT Minority Shareholders and China Resources Textiles, the parties have decided to proceed with the Asset Restructuring and have submitted a revised application for approval in respect of the Asset Restructuring to the CSRC. The Company was informed that on 27 December 2013, the acceptance for processing the revised application for approval in respect of the Asset Restructuring has been obtained from the CSRC. Further announcement will be made as and when necessary.

The transactions contemplated under the Framework Agreement, the Transaction Agreements and the Proposed Spin-off are subject to, among other things, fulfilment of certain conditions set out in the section, “Conditions Precedent to the Framework Agreement” in the Circular. Accordingly, Shareholders and potential investors should be aware that there is no assurance that the transactions contemplated under the Framework Agreement, the Transaction Agreements and the Proposed Spin-off will proceed. Shareholders and potential investors should therefore exercise caution when dealing in or investing in the securities of the Company.

* For identification purposes only

By order of the Board Skyworth Digital Holdings Limited Lam Shing Choi, Eric Company Secretary

Hong Kong, 30 December 2013

As at the date of this announcement, the Board comprises Ms. Lin Wei Ping as the executive chairperson of the Board, Mr. Yang Dongwen as executive Director and the chief executive officer, Mr. Lu Rong Chang, Mr. Shi Chi and Ms. Chan Wai Kay, Katherine as executive Directors, and Mr. So Hon Cheung, Stephen, Mr. Li Weibin and Mr. Sun Shengdian as independent non-executive Directors.

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