PRESS RELEASES

(28 March 2018 – Hong Kong) Huayi Tencent Entertainment Company Limited (“Huayi Tencent Entertainment,” the “Company”; stock code: 00419.HK; together with its subsidiaries collectively known as the “Group”) today announced Beijing Hua Yi Hao Ge Media Culture Co., Ltd. (“Beijing Hao Ge”), an indirect wholly-owned subsidiary of the Company, disposed of 51% equity interest in Beijing Si Hai Jun Tian Trading Company Limited (“SHJT”) to Beijing Dong Xiao Jing Sports Industry Development Co., Ltd. at a consideration of RMB4.08 million (equivalent to approximately HK$5.07 million) (the “Disposal”) on 28 March 2018, which is expected to generate a gain on disposal of approximately HK$3.6 million.