Technovator International Limited — Capital/Financing Update 2011

Oct 17, 2011

Unless otherwise defined in this announcement, terms defined in the prospectus of Technovator International Limited (the “ Company ”) dated 17 October 2011 (the “ Prospectus ”) have the same meanings when used in this announcement.

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and Hong Kong Securities Clearing Company Limited (“ HKSCC ”) 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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities or any Shares under the Share Offer. Potential investors should read the Prospectus issued by the Company for detailed information about the Share Offer described below before deciding whether or not to invest in the Offer Shares. Any investment decision in relation to the Offer Shares should be taken solely in reliance on the information provided in the Prospectus.

This announcement is not, and is not intended to be, an offer of securities of the Company for sale in any jurisdiction, including, without limitation, the United States. The Shares have not been, and will not be, registered under the United States Securities Act 1933, as amended (the “ U.S. Securities Act ”) and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. This announcement and the information contained herein are not for release, publication or distribution in or into the United States.

The Public Offer Shares will be offered to the public in Hong Kong subject to the terms and conditions set out in the Prospectus and the related application forms. The Public Offer Shares will not be offered to any person who is outside Hong Kong and/or not resident in Hong Kong.

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Technovator International Limited 科諾威德國際有限公司

(incorporated in Singapore with limited liability)

PLACING AND PUBLIC OFFER

Number of Offer Shares : 122,000,000 Shares (subject to the Over-allotment Option) Number of Public Offer Shares : 12,200,000 Shares (subject to reallocation) Number of Placing Shares : 109,800,000 Shares (subject to reallocation and the Over-allotment Option) Offer Price : Not more than HK$1.2 per Offer Share (plus brokerage of 1%, SFC transaction levy of 0.003% and Stock Exchange trading fee of 0.005%, payable in full upon application in Hong Kong dollars and subject to refund) and expected to be not less than HK$1.0 per Offer Share Stock code : 1206

Sole Sponsor

Joint Bookrunners

Joint Lead Managers

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Application has been made by the Company to the Listing Committee of the Stock Exchange for the granting of the listing of, and permission to deal in, the 363,200,000 Shares in issue as at the date of this announcement, 122,000,000 Shares to be issued pursuant to the Public Offer and the Placing, 18,300,000 Shares which may be issued pursuant to the exercise of the Over-allotment Option, and 36,320,000 Shares which may be issued pursuant to the exercise of options which have been granted under the Technovator Employee Share Option Scheme 2009. Assuming the Public Offer becomes unconditional at or before 8:00 a.m. on Thursday, 27 October 2011, it is

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expected that dealings in the Shares on the Main Board of the Stock Exchange are expected to commence at 9:00 a.m. on Thursday, 27 October 2011. In the event the Over-allotment Option is exercised, an announcement will be made by the Company on the Company’s website at www.technovator.com.sg and the website of the Stock Exchange at www.hkexnews.hk .

Applications for the Public Offer Shares will only be considered on the basis of the terms and conditions of the Prospectus and the related Application Forms.

Applicants who would like to have the Public Offer Shares allotted and issued in their own names should (i) complete and sign the WHITE Application Forms or (ii) submit applications online through the designated website of the HK eIPO White Form Service Provider at www.hkeipo.hk under the HK eIPO White Form service. Applicants who would like to have the Public Offer Shares allotted and issued in the name of HKSCC Nominees and deposited directly into CCASS for credit to their designated CCASS Participants’ stock accounts or their CCASS Investor Participant stock accounts should either (i) complete and sign the YELLOW Application Forms or (ii) give electronic application instructions to HKSCC via CCASS.

Copies of the Prospectus, together with the WHITE Application Forms, may be obtained during normal business hours from 9:00 a.m. on Monday, 17 October 2011, until 12:00 noon on Thursday, 20 October 2011 at:

1. Piper Jaffray Asia Securities Limited at Suite 1308, 13/F, Two Pacific Place, 88 Queensway, Hong Kong; or

2. Guotai Junan Securities (Hong Kong) Limited at 27/F, Low Block, Grand Millennium Plaza, 181 Queen’s Road Central, Hong Kong; or

3. ABCI Securities Company Limited at Room 701-702 & 709-712, 7/F, One Pacific Place, 88 Queensway, Admiralty, Hong Kong; or

4. CMB International Securities Limited at Units 1803-04, 18/F, Bank of America Tower, 12 Harcourt Road, Hong Kong; or

5. China Merchants Securities (HK) Co., Limited at 48/F, One Exchange Square, Central, Hong Kong; or

6. SBI E2-Capital (HK) Limited at Unit A2, 32/F, United Centre, 95 Queensway, Hong Kong; or

7. Ample Orient Capital Limited at Unit A, 14/F, Two Chinachem Plaza, 135 Des Voeux Road, Central, Hong Kong; or

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1. any of the following branches of The Hongkong and Shanghai Banking Corporation Limited:

	Branch	Address
Hong Kong Island	Hong Kong Office	Level 3, 1 Queen’s Road
		Central
	Cityplaza Branch	Unit 065, Cityplaza I,
		Taikoo Shing
	128 Queen’s Road Central	V Heun Building, 128-140
	Branch	Queen’s Road Central, Central
	Hopewell Centre Branch	Shops 2A, 2/F, Hopewell
		Centre, 183 Queen’s Road East,
		Wan Chai
Kowloon	Kwun Tong Branch	No. 1, Yue Man Square,
		Kwun Tong
	Mong Kok Branch	Basement & U/G, 673 Nathan
		Road, Mong Kok
	Tin On Building Branch	777-779 Cheung Sha Wan Road
New Territories	Maritime Square Branch	Shop 308F, Level 3, Maritime
		Square, Tsing Yi
	Shatin Branch	Shop No. 30D, Level 3, Shatin
		Centre Shopping Arcade,
		Sha Tin
	East Point City Branch	Shop No. 198, East Point City,
		8 Chung Wa Road, Tseung
		Kwan O

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Applicants can collect a YELLOW Application Form and the Prospectus during normal business hours from 9:00 a.m. on Monday, 17 October 2011 until 12:00 noon on Thursday, 20 October 2011 from:

• the Depository Counter of HKSCC at 2nd Floor, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong; or

• stockbrokers who may have YELLOW Application Forms and the Prospectus available.

Applicants applying by HK eIPO White Form service may submit their applications to the HK eIPO White Form Service Provider through the designated website www.hkeipo.hk from 9:00 a.m. on Monday, 17 October 2011 until 11:30 a.m. on Thursday, 20 October 2011 (24 hours daily, except on the last application day) (or such later date as may apply as described in the section headed “How to Apply for Hong Kong Offer Shares — Effect of bad weather on the opening of the application lists” of the Prospectus).

CCASS Participants can input electronic application instructions from 9:00 a.m. on Monday, 17 October 2011 until 12:00 noon on Thursday, 20 October 2011.

Please refer to the sections headed “Structure of the Share Offer” and “How to apply for the Public Offer Shares” in the Prospectus for details of the conditions and procedures of the Public Offer.

The Company expects to publish the announcement on the final Offer Price, the level of applications in the Public Offer, the level of indications of interest in the Placing, the basis of allocations and the results of applications of successful applicants under the Public Offer on Wednesday, 26 October 2011 in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese), on the Company’s website at www.technovator.com.sg and the website of the Stock Exchange at www.hkexnews.hk .

Results of allocations of the Public Offer, and the Hong Kong identity card/passport/ Hong Kong business registration numbers of successful applicants (where appropriate) will be made available at the times and dates and in the manners as described in the section headed “How to apply for the Public Offer Shares — Publication of results” in the Prospectus.

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Dealings in the Shares on the Stock Exchange are expected to commence at 9:00 a.m. on Thursday, 27 October 2011. The Shares will be traded in board lots of 2,000 Shares each and the stock code will be 1206. The Company will not issue any temporary documents of title. No receipt will be issued for application monies paid.

By Order of the Board of Technovator International Limited Zhao Xiaobo Chief Executive Officer

Hong Kong, Monday, 17 October 2011

As at the date of this announcement, the executive Directors are Mr. Zhao Xiaobo, Mr. Seah Han Leong; the non-executive Directors are Mr. Lu Zhicheng, Dr. Li Jisheng, Mr. Liu Tianmin, Mr. Ng Koon Siong and Ms. Shi Shanshan; and the independent non-executive Directors are Mr. Fan Ren Da Anthony, Mr. Chia Yew Boon and Ms. Chen Hua.

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