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.

WISDOM SPORTS GROUP

智美體育集團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1661) VOLUNTARY ANNOUNCEMENT SHARE REPURCHASE

This announcement is made by Wisdom Sports Group (the "Company", together with its subsidiaries, the "Group") as a voluntary announcement to allow the public to understand the latest information of the Group.

The board of directors of the Company is pleased to announce that as the management of the Company is optimistic about the future development of the Company, the Company has determined to repurchase no less than 15,930,000 shares, representing approximately 1% of the total issued shares of the Company (excluding shares previously repurchased and pending cancellation), in open market when appropriate within one month from the date of this announcement.

After the completion of the aforesaid repurchase, the Company will determine whether to make further repurchase based on the then situation.

By Order of the Board Wisdom Sports Group Ren Wen

Chairlady and Executive Director

Hong Kong, 7 June 2017

As at the date of this announcement, the executive directors of the Company are Ms. Ren Wen, Mr. Zhang Han, Mr. Song Hongfei and Ms. Hao Bin; and the independent non-executive directors of the Company are Mr. Wei Kevin Cheng, Mr. Ip Kwok On Sammy and Mr. Jin Guoqiang.

Wisdom Sports Group published this content on 07 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 June 2017 10:55:14 UTC.

Public permalinkhttp://www.publicnow.com/view/2CABD303ECCB771670DA5568770B79F7C13E4020