NetMind Enters a Strategic Cooperation Framework Agreement with China National Building Material Company Limited

HONG KONG, 6 June, 2016 -NetMind Financial Holdings Limited ("NetMind" or the "Company", together with its subsidiaries, the "Group"; HKEx: 985) today announces that it has entered a Strategic Cooperation Framework Agreement (the ''Agreement'') with China National Building Material Company Limited (''CNBM'') on 5 June 2016, pursuant to which the Company and CNBM have agreed to form a strategic partnership in relation to the expansion of the e-logistics platform business of the Company and the Company's logistics services provided to CNBM.

CNBM is a leading manufacturer of construction materials, with products covering cement, lightweight building materials, glass fiber and composite materials and engineering services. Having been listed on the Main Board of The Stock Exchange of Hong Kong Limited since 23 March, 2006 (stock code: 3323), CNBM's business extends to different provinces of the People's Republic of China and many other countries in the world.

Pursuant to the Agreement, CNBM will give first priority to the Company's logistics services when selecting its service providers, and the Company will designate CNBM as its priority client, eligible for preferential pricing terms, and provide logistics services through its e-logistics platform, accessible through the Internet and its mobile phone application. The Company will further capitalize its big data analytics capability to assist CNBM with its logistics planning and optimization in order to achieve cost savings and quality enhancement in CNBM's logistics capability.

Mr. Chen Weixing, Executive Director of NetMind stated: "We are very excited about the establishment of this strategic partnership with CNBM. CNBM is an important customer of the Company, and being its priority service provider will facilitate the development of the e-logistics platform of the Company. In addition, the Company has the capability to process big data analytics and will be able to offer better logistics services to CNBM. Therefore, this cooperation is expected to bring benefits to both parties in the partnership."

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About NetMind Financial Holdings

Established in 1993, NetMind Financial Holdings Limited (the "Company") (Stock Code: 985) is a financial holding company with subsidiaries in e-logistics and mining. The Company owns 92% interest in First Cargo, which is an E-logistics Platform. The Platform allows real time two-way online matching of owners of freight vehicles with spare capacity and customers with demand for transportation of goods. The Company has invested in Kuaichi which principally engages in the development and operation of mobile phone apps ''Kuaihuoyun'' via which logistics and freight transportation services are provided. The Company also operates the wholly owned Lady Annie Copper Mine in Queensland, Australia.

For investor enquiries, please contact: NetMind Financial Holdings Limited

Hikki Chan

Tel: 852-2235 1311

Email: hikki.chan@ netmindfh.com

Rick Lau

Tel: 852-9774 9149

Christensen

Jung Chang

Vivian Wang

Tel: Mobile: Email:

852-2117 0861

852-9226 6258

jchang@christensenir.com

Tel: Mobile: Email:

852-2117 0861

852-9476 9668

vwang@christensenir.com

NetMind Financial Holdings Ltd. published this content on 06 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 June 2017 07:01:06 UTC.

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