Vala Inc. — Earnings Release 2018

Nov 8, 2018

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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51 CREDIT CARD INC. 51 信用卡有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2051)

UNAUDITED THIRD QUARTERLY RESULTS OF A SUBSIDIARY CHINA NETCOM TECHNOLOGY HOLDINGS LIMITED FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2018

The board (the “ Board ”) of directors (the “ Directors ”) of 51 Credit Card Inc. (the “ Company ”) refers to the announcement (the “ China Netcom Results Announcement ”) issued by China Netcom Technology Holdings Limited (“ China Netcom ”), a subsidiary of the Company whose shares are listed and traded on GEM of The Stock Exchange of Hong Kong Limited (Stock Code: 8071), regarding the unaudited third quarterly results of China Netcom and its subsidiaries for the nine months ended 30 September 2018, published on 8 November 2018.

In the China Netcom Results Announcement, China Netcom reported that it recorded the following unaudited results:

• Consolidated revenue of approximately HK$25,570,000 (nine months ended 30 September 2017: approximately HK$6,230,000)

• Consolidated loss attributable to owners of China Netcom of approximately HK$1,592,000 (nine months ended 30 September 2017: approximately HK$18,572,000)

• Basic and diluted loss per share attributable to owners of China Netcom of approximately HK0.03 cent (nine months ended 30 September 2017: approximately HK0.47 cent)

The China Netcom Results Announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the website of China Netcom at www.irasia.com/listco/hk/chinanetcom.

By Order of the Board 51 Credit Card Inc. Sun Haitao

Chairman, Chief Executive Officer and Executive Director

8 November 2018

As at the date of this announcement, the Board comprises Mr. Sun Haitao, Mr. Yang Yuzhi and Mr. Zhao Ke as executive Directors; Ms. Zou Yunli as a non-executive Director; and Mr. Wong Ti, Mr. Wang Zhaocheng and Mr. Ye Xiang as independent non-executive Directors.