Skyworth Group Limited — Capital/Financing Update 2015

Jul 20, 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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SKYWORTH DIGITAL HOLDINGS LIMITED ( 創 維 數 碼 控 股 有 限 公 司 )*

(Incorporated in Bermuda with limited liability)

(Stock Code: 00751)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made by Skyworth Digital Holdings Limited (the “ Company ”) pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

The Company’s non-wholly owned subsidiary, Skyworth Digital Co., Ltd (“ Skyworth Digital ”), the A shares of which are listed on the Shenzhen Stock Exchange (Shenzhen Stock Exchange stock code: 000810) has announced the following matters:-

• (I) Smart Choice Store Company Limited, a wholly-owned subsidiary of Skyworth Digital, has agreed to acquire the entire issued share capital of Strong Media Group Limited (“ Strong Media ”) in two stages at a total consideration of 30 million Euro (“ Strong Media Transaction ”). Strong Media is principally engaged in the sale and distribution of reception facilities of digital televisions. The Strong Media Transaction is considered beneficial for the development of the Strong Media brand intelligent digital set-top box and related products business in the Europe and Middle Asia market and expansion of the operation of the Strong Media brand internet OTT related value added service based on the distribution channel and capability of Strong Media.

• (II) Shenzhen Skyworth Digital Technology Company Limited, a wholly-owned subsidiary of Skyworth Digital, has agreed to acquire from Skyworth Group Company Limited a 86.57% shareholding in Skyworth Automobile Electronics (Shenzhen) Company Limited and from Skyworth Automobile Electronics Company Limited the remaining 13.43% shareholding in Skyworth Automobile Electronics (Shenzhen) Company Limited at a total consideration of RMB20,000 (“ Skyworth Automobile Electronics Transaction ”). As part of this transaction, Skyworth Group Company Limited and Skyworth Automobile Electronics Company Limited have agreed to waive outstanding loans extended to Skyworth Automobile Electronics (Shenzhen) Company Limited in the amount of RMB3,555,288.56. Both Skyworth Group Company Limited and Skyworth

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Automobile Electronics Company Limited are subsidiaries of the Company. The Skyworth Automobile Electronics Transaction would enable Skyworth Digital to consolidate resources and develop the automobile electronics business.

• (III) Shenzhen Skyworth Digital Technology Company Limited, a wholly-owned subsidiary of Skyworth Digital, has agreed to waive its pre-emptive rights over 15% equity interests in Beijing Skyworth Haitong Digital Technology Company Limited. Shenzhen Skyworth Digital Technology Company Limited and Beijing Xinhai Yitong Technology Development Company Limited holds 51% and 49% equity interest in Beijing Skyworth Haitong Digital Technology Company Limited respectively. Beijing Xinhai Yitong Technology Development Company Limited proposes to transfer 15% equity interest in Beijing Skyworth Haitong Digital Technology Company Limited to a senior management of Skyworth Digital at a consideration of RMB7,870,000. The principal operations of Beijing Skyworth Haitong Digital Technology Company Limited include development and sales of front end system of digital televisions and cable digital television intelligent reception systems and terminals.

None of the above transactions constitutes notifiable or connected transactions for the Company under the Listing Rules. Skyworth Digital has submitted an application to the Shenzhen Stock Exchange in relation to the trading in shares of Skyworth Digital will be resumed from the morning trading session on 21 July 2015.

The announcements (in Chinese language) (Announcement Numbers: 2015-26, 2015-27, 2015-28, 2015-29 and 2015-30) issued by Skyworth Digital in relation to the above transactions and the resumption of trading in shares of Skyworth Digital can be viewed at the information website of the Shenzhen Stock Exchange (http://www.cninfo.com.cn).

*For identification purpose only

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

Hong Kong, 20 July 2015

As at the date of this announcement, the board of directors of the Company (the “Board ”) comprises Ms. Lin Wei Ping as the executive chairman of the Board, Mr. Yang Dongwen as executive director and the chief executive officer, Mr. Lu Rongchang, Mr. Shi Chi and Ms. Chan Wai Kay, Katherine as executive directors, and Mr. Li Weibin, Mr. Wei Wei and Mr. Cheong Ying Chew, Henry as independent non-executive directors.

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