Artini China : 2016-6-30 FURTHER DELAY IN DISPATCH OF CIRCULAR IN RELATION TO –(1) MAJOR TRANSACTION RELATING TO THE ACQUISITION OF ENTIRE INTEREST IN THE TARGET COMPANY; (2) CONNECTED TRANSACTION RELATING TO THE SUBSCRIPTION FOR NEW SHARES BY A CONTROLLING SHAREHOLDER; AND (3) APPLICATION FOR WHITEWASH WAIVER

a49e0a9d-2c9f-4e67-a8bd-79b2be9e98a8.pdf

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

ARTINI CHINA CO. LTD.

雅 天 妮

中 國 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 789) FURTHER DELAY IN DISPATCH OF CIRCULAR IN RELATION TO -

1. MAJOR TRANSACTION RELATING TO THE ACQUISITION OF ENTIRE INTEREST IN THE TARGET COMPANY;
2. CONNECTED TRANSACTION RELATING TO THE SUBSCRIPTION FOR NEW SHARES BY A CONTROLLING SHAREHOLDER; AND
3. APPLICATION FOR WHITEWASH WAIVER

INTRODUCTION

Reference is made to announcement of the Company dated 13 April 2016 ("Announcement") in relation to, among the other things, the Acquisition, the Subscription and the Whitewash Waiver and the announcements of the Company dated 4 May 2016, 25 May 2016 and 15 June 2016 in relation to the delay in dispatch of the Circular (the "Delay in Dispatch Announcements"). Unless otherwise stated, capitalized terms used herein shall bear the same meaning as defined in the Announcement.

DELAY IN DISPATCH OF CIRCULAR

As set out in the Announcement and the Delay in Dispatch Announcements, a circular ("Circular") containing, among other things, (i) further details of the Acquisition Agreement, the Subscription Agreement and the Whitewash Waiver; (ii) a letter of

recommendation from the Independent Board Committee to the Independent Shareholders in respect of the Acquisition Agreement and the transactions contemplated thereunder, the Subscription Agreement and the transactions contemplated thereunder as well as the Whitewash Waiver and as to voting at the SGM; (iii) a letter of advice from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders in relation to the Acquisition Agreement and the transactions contemplated thereunder, the Subscription Agreement and the transactions contemplated thereunder and the Whitewash Waiver; (iv) a notice of the SGM; and (v) other information as required under the Listing Rules and the Takeovers Code, for the purpose of the SGM, would be dispatched to the Shareholders of the Company on or before 30 June 2016.

As more time is required to finalize the pro forma financial information of the Enlarged Group for the inclusion in the Circular, the Company is unable to dispatch the Circular on or before 30 June 2016 as previously announced. Accordingly, the Circular will be updated with incorporation of the audited financial information of the Target Company for the three months ended 31 March 2016 and the updated pro forma financial information of the Enlarged Group. As the audited financial information of the Target Company for the three months ended 31 March 2016 are expected to be prepared and finalized on around early August 2016, the Company expects that the Circular will be issued on or before 19 August 2016.

An application has been made by the Company to the Executive for consent to the extension of time for the dispatch of the Circular on or before 19 August 2016 and the Executive has indicated that it is minded to such grant consent.

Shareholders and potential investors should be aware of and take note that the Acquisition and the Subscription, which are subject to a number of conditions precedent, may or may not proceed to completion. In particular, the Whitewash Waiver may not be granted by the Executive or approved by the Independent Shareholders. Shareholders and potential investors are reminded to exercise caution when dealing in the securities of the Company, and if they are in any doubt about their position, they should consult their professional advisers.

For and on behalf of

Artini China Co. Ltd. Tse Hoi Chau

Chairman

Hong Kong, 30 June 2016

As at the date of this announcement, the executive Directors are Mr. Tse Hoi Chau (Chairman) and Mr. Lin Shao Hua; and the Independent non-executive Directors are Mr. Lau Fai Lawrence, Mr. Lau Yiu Kit and Mr. Zeng Zhaohui.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statements in this announcement misleading.