PRESS RELEASES

(28 April 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”) is pleased to announce that it entered into a partnership agreement (the “Agreement”) on 28 April 2017 as a limited partner with other partners including Huayi Investment Inc. and Warner Bros. Korea Inc. (“Warner Bros.”) to establish the Huayi-Warner Contents Fund (the “Fund”). Pursuant to the Agreement, the Company will contribute KRW1 billion of capital (equivalent to approximately HK$6.8 million) to the Fund, representing 10% of the total capital contribution to the Fund at the time of its establishment.