WH Group Limited — Capital/Financing Update 2018

Apr 25, 2018

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims 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.

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China Baoli Technologies Holdings Limited 中國寶力科技控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 164)

SUPPLEMENTAL ANNOUNCEMENT RELATING TO ISSUE OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of China Baoli Technologies Holdings Limited (the “ Company ”) dated 23 April 2018 in relation to the issue of new shares under general mandate (the “ Announcement ”). Unless otherwise defined herein, capitalized terms used herein shall have the same meanings as defined in the Announcement.

The Company would like to provide further information in relation to the following items in the Announcement.

THE SUBSCRIBER

The Subscriber is a Hong Kong permanent resident who has lived in Bangkok, Thailand for 12 years. She is a successful business person whose main areas of investment are in the property and hospitality areas.

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TRANCHE II COMPLETION

Tranche II Completion was agreed between the Subscriber and the Company to take place on 28 September 2018 or such other time or date as the parties may otherwise agree in writing and subject to compliance with the Listing Rules, in order to match the timing of the Company’s expected funding needs for the expansion of the Group’s mobile technologies business.

As the minimum issue price of the Tranche II Subscription Shares has been fixed and the Tranche II Subscription Shares will be issued when the funding needs arise and thus minimize the dilution effect to the Shareholders, the Company considers that such arrangement is in the interests of the Company and Shareholders as a whole.

By order of the Board China Baoli Technologies Holdings Limited Zhang Yi Chairman

Hong Kong, 25 April 2018

As at the date of this announcement, the executive Directors are Mr. Zhang Yi (Chairman), Ms. Chu Wei Ning (Chief Executive Officer), Mr. Yeung Chun Wai, Anthony and Mr. Wong King Shiu, Daniel; and the independent non-executive Directors are Mr. Chan Chi Yuen, Mr. Chan Kee Huen, Michael, Mr. Han Chunjian and Mr. Wong Hoi Kuen.

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