Mobile Internet China : LEGAL PROCEEDINGS AGAINST A SUBSTANTIAL SHAREHOLDER

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Mobile Internet (China) Holdings Limited

移 動 互 聯（ 中 國 ）控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1439)

LEGAL PROCEEDINGS AGAINST A SUBSTANTIAL SHAREHOLDER

The Company has been informed by a director of Novel Blaze Limited, a substantial shareholder holding 408,000,000 shares of the Company representing approximately 29.62% of the issued shares in the Company, that it lodged an appeal to the Court of Appeal in the British Virgin Islands (the ''BVI Court'') against a decision and an order for it to be wound up (the ''Appeal'').

The Company has been informed that on 16 April 2021, the Appeal was dismissed by the BVI Court.

So far as the board of directors of the Company is aware, up to the date of this announcement, the event has no material impact on the business and general operations of the Company and its subsidiaries.

Shareholders of the Company and potential investors should exercise caution when dealing in the securities of the Company.

By the order of the Board

Mobile Internet (China) Holdings Limited

Chen Hong Cai

Chairman and Executive Director

Jiangxi Province, the PRC, 20 April 2021

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Chen Hong Cai (Chairman) and Mr. Sun Shao Hua, and two independent non-executive Directors, namely Mr. Liu Da Jin and Mr. Wu Ping.