SSY Group Limited — Share Issue/Capital Change 2015

Oct 19, 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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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2005)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) (the “ Listing Rules ”).

The board of directors (the “ Board ”) of SSY Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) hereby announces that on the Company has granted 122,000,000 share options (the “ Share Options ”) on 19 October 2015 under its share option scheme adopted on 20 September 2012. The Share Options will entitle the grantees to subscribe for up to a total of 122,000,000 new shares of HK$0.02 each in the share capital of the Company (the “ Shares ”), representing approximately 4.33% of all the Shares in issue as at the date of this announcement (being 2,818,527,385 Shares). The Share Options granted are subject to the acceptance of the grantees.

Details of the Share Options are set out as follows:

Date of grant: 19 October 2015 (the “ Date of Grant ”) Exercise price of Share HK$1.98 to subscribe for one Share, representing the highest of (i) the Options granted: closing price of HK$1.98 per Share as stated in the daily quotations sheet issued by the Stock Exchange on the Date of Grant; (ii) the average closing price of HK$1.920 per Share as stated in the daily quotations sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant; and (iii) the nominal value of a Share

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Number of Share Options 122,000,000 Share Options (each Share Option shall entitle the holder granted: of the Share Option to subscribe for one Share)

Validity period of the Three years commencing from 19 October 2015 Share Options:

Among the 122,000,000 share options granted, 48,832,000 share options were granted to two Directors of the Company with details as follows:

Names of Directors

Numbers of Share Options granted

Executive Directors Mr. Wang Xianjun 24,416,000 Mr. Su Xuejun 24,416,000

The grant of the Share Options to each of the grantees (including the above executive Directors of the Company and other management staff of the Group) has been approved by the independent nonexecutive Directors of the Company.

Save as disclosed above, none of the grantees is a director, chief executive or substantial shareholder of the Company, nor an associate (as defined in the Listing Rules) of any of them.

By order of the Board Chow Hing Yeung Company Secretary

Hong Kong, 19 October 2015

As at the date of this announcement, the Board comprises Mr. Qu Jiguang, Mr. Wang Xianjun and Mr. Su Xuejun as executive Directors, and Mr. Wang Yibing, Mr. Leung Chong Shun and Mr. Chow Kwok Wai as independent non-executive Directors.

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