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WH Group Limited M&A Activity 2017

Oct 6, 2017

49096_rns_2017-10-06_6b9eb3df-1699-4d4f-9aed-deb4e16cea65.pdf

M&A Activity

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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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Company.

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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)

TERMINATION OF DISCLOSEABLE TRANSACTION IN RELATION TO THE ACQUISITION OF 75% EQUITY INTEREST OF TRAVELLIKER.COM LIMITED INVOLVING THE ISSUE OF CONSIDERATION SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of China Baoli Technologies Holdings Limited (the “ Company ”) dated 11 August 2017 (the “ Announcement ”) in relation to the proposed acquisition of 75% equity interest of Travelliker.com Limited. Capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement unless otherwise stated herein. This announcement is made pursuant to Rule 14.36 of the Listing Rules.

Pursuant to the Share Purchase Agreement, the obligation of the Purchaser to proceed to Completion is subject to the satisfaction or, if applicable, waiver by the Purchaser of the Conditions Precedent. As at the date of this announcement, certain Conditions Precedent have not yet been satisfied. After careful consideration of all the circumstances surrounding the Transaction, as it is expected that certain Conditions Precedent may not be able to be satisfied on or before the Long-Stop Date, the parties to the Share Purchase Agreement have entered into an agreement to terminate the Share Purchase Agreement with immediate effect.

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The Board considers that the termination of the Transaction will not have any material adverse impact on the business and prospects of the Company and the interests of its Shareholders as a whole.

By order of the Board China Baoli Technologies Holdings Limited Yeung Chun Wai, Anthony Executive Director

Hong Kong, 6 October 2017

As at the date hereof, 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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