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SuperRobotics Limited Earnings Release 2018

Nov 2, 2018

51311_rns_2018-11-02_8a3d59e2-02ea-43ad-b433-7b06d777eabb.pdf

Earnings Release

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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.

SuperRobotics Limited 超人智能有限公司

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)

(Stock Code: 8176)

PROFIT WARNING

This announcement is made by the Company pursuant to Rule 17.10(2) of the GEM Listing Rules and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the SFO.

The Board wishes to inform its Shareholders and potential investors that based on the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2018 and the information currently available, it is expected that the Group will record a loss of not less than HK$88,000,000 for the nine months ended 30 September 2018 as compared to the loss of approximately HK$68,010,000 recorded for the nine months ended 30 September 2017.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company

This announcement is made by SuperRobotics Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) pursuant to Rule 17.10(2) of the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”) and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) (the “ SFO ”).

The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to inform the shareholders of the Company (the “ Shareholders ”) and its potential investors that, based on the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2018 and the information currently available, it is expected that the Group will record a loss of not less than HK$88,000,000 for the nine months ended 30 September 2018 as compared to the loss of approximately HK$68,010,000 recorded for the nine months ended 30 September 2017.

The increase in loss is mainly due to (i) increase in administrative expense (excluding amortization of equity-settled share-based payments) attributable to research and development expense, rental expense and staff costs; and (ii) increase in sales and marketing expense.

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As at the date of this announcement, the Company is still in the process of finalizing the Group’s unaudited consolidated quarterly results for the nine months ended 30 September 2018. The information contained in this announcement is only based on the preliminary assessment by the Board with reference to the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2018 and the information currently available, which have not been finalized as at the date of this announcement. Shareholders and potential investors of the Company are advised to refer to the details of the Group’s unaudited consolidated quarterly results for the nine months ended 30 September 2018, which is expected to be published in mid-November 2018.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board SuperRobotics Limited Su Zhituan

Chairman and Executive Director

Hong Kong, 2 November 2018

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Su Zhituan (Chairman), Mr. Sun Ziqiang (Vice-chairman), Mr. Chen Min and Dr. Andrew Goldenberg; one non-executive Director, namely Mr. Cheng Yu; and three independent non-executive Directors, namely Mr. Xie Zhichun, Mr. Chu Kin Wang, Peleus and Mr. Tam B Ray, Billy.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at http://www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company’s website at http://www.superrobotics.com.hk.

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