PRESS RELEASES

(14 July 2017 – 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 that it has sold its interests in Beijing Bayhood No.9 Cloud Health Technology Co. Ltd. (“Cloud Health”), an indirect wholly-owned subsidiary of the Group, to Riswein Health Industry Investment Co., Ltd. (“Riswein Health”) at a cash consideration of RMB10 million (equivalent to approximately HK$11.4 million) (the “Disposal”), which is expected to generate a gain of approximately HK$2.752 million. The whole of the proceeds from the Disposal will be used as general working capital for the Group.