Television Broadcasts Limited — Board/Management Information 2016

Jul 6, 2016

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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China Fortune Financial Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 290) Website: http://www.290.com.hk

(1) CHANGE OF SUBSTANTIAL SHAREHOLDER; (2) RESIGNATION OF EXECUTIVE DIRECTOR; AND (3) CHANGE OF AUTHORISED REPRESENTATIVE

This announcement is made by China Fortune Financial Group Limited (the ‘‘Company’’) pursuant to Rules 13.09 and 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ‘‘SFO’’).

(1) CHANGE OF SUBSTANTIAL SHAREHOLDER

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of the Company was informed by Mr. XIA Yingyan (‘‘Mr. Xia’’), who was a deemed substantial shareholder under the SFO and an executive Director, that he transferred all his equity interests in Southlead Limited to Wahen Investment Limited, which, to the best knowledge, information and belief of the Directors, is a third party independent of and not connected with the Company and its connected persons (as defined in the Listing Rules) on 5 July 2016.

As at the date of this announcement, Jadehero Limited, a company incorporated in the British Virgin Islands with limited liability, beneficially held 800,000,000 shares of the Company, representing approximately 23.4% of the issued share capital of the Company. Jadehero Limited is owned as to 80% by Southlead Limited and as to 20% by Marvel Steed Limited.

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

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(2) RESIGNATION OF EXECUTIVE DIRECTOR

The Board announces that Mr. Xia resigned as an executive Director and ceased to act as an authorised representative of the Company (the ‘‘Authorised Representative’’) for the purposes of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and under Rule 3.05 of the Listing Rules with immediate effect due to his other personal engagement.

Mr. Xia confirmed that there is no disagreement with the Board and the Company and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Xia for his valuable contributions to the Company during his tenure of office.

(3) CHANGE OF AUTHORISED REPRESENTATIVE

The Board further announces that Mr. HON Chun Yu has been appointed as an Authorised Representative to replace Mr. Xia with immediate effect.

By Order of the Board China Fortune Financial Group Limited NG Cheuk Fan Keith Managing Director

Hong Kong, 6 July 2016

As at the date of this announcement, the Board consists of three executive Directors, namely Mr. WONG Kam Choi MH (Chairman), Mr. NG Cheuk Fan Keith (Managing Director) and Mr. HON Chun Yu; two non-executive Directors, namely Mr. TANG Baoqi and Mr. WU Ling; and three independent non-executive Directors, namely Mr. CHAN Kin Sang, Mr. NG Kay Kwok and Mr. TAM B Ray Billy.

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