POSITIVE PROFIT ALERT

POSITIVE PROFIT ALERT

POSITIVE PROFIT ALERT

This announcement is made by the board (the “Board”) of directors (the “Directors”) of Topsearch International (Holdings) Limited (the “Company”, together with its subsidiaries as the “Group”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Based on the preliminary assessment of the unaudited consolidated financial statements of the Group for the year ended 31 December 2016 (the “Year End” or the “Reporting Period”), the Board wishes to inform the shareholders of the Company (the “Shareholders”) and the potential investors that the profit attributable to owners of the Company for the Year End will record an increase of not less than 8 times as compared to that for the year ended 31 December 2015.

The Board considers that the significant increase in the profit attributable to owners of the Company for the Year End was primarily attributable to the significant increase in investment income, which included the net gains arising from the favourable change in fair values of those financial assets held at fair value through profit or loss and the expected returns resulted from some other investments made by the Group during the Reporting Period, as well as the improvement in gross profit margin of the Group’s printed circuit boards business.

The information contained in this announcement represents only a preliminary assessment by the Board based on the unaudited consolidated financial information of the Group for the Year End, which have not been audited or reviewed by the Company’s auditors nor reviewed by the audit committee of the Company, and may be subject to adjustments. The Company is still in the process of finalising the Group’s financial results for the Year End. Shareholders and potential investors are advised to read carefully the Group’s annual results preliminary announcement for the Year End which is expected to be published in March 2017.

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