Coolpad : INSIDE INFORMATION DISPOSAL OF SHARES BY THE FORMER SINGLE LARGEST SHAREHOLDER

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.

COOLPAD GROUP LIMITED ბݼණྠϞࠢʮ̡

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2369)

INSIDE INFORMATION

DISPOSAL OF SHARES BY THE FORMER SINGLE

LARGEST SHAREHOLDER

This announcement is made by the Company pursuant to Rule 13.09(2)(a) of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

DISPOSAL OF SHARES BY THE FORMER SINGLE LARGEST SHAREHOLDER

The Company has been notified by Leview Mobile HK Limited on 4 January 2018 that Leview Mobile HK Limited has sold and the Purchaser has purchased 897,437,000 Sale Shares at HK$0.9 per Sale Share in cash, representing a total consideration of HK$807,693,300.00. The Company has also been notified that the Completion occurred on 4 January 2018. Accordingly, Leview Mobile HK Limited ceased to be the single largest Shareholder and the Purchaser has become the single largest Shareholder.

Immediately before the Completion, Leview Mobile HK Limited was interested in 1,448,804,386 Shares, representing approximately 28.78% of the issued share capital of the Company as at the date of this announcement. Immediately after Completion, Leview Mobile HK Limited and the Purchaser have become interested in 551,367,386 Shares and 897,437,000 Shares, representing approximately 10.95% and 17.83% of the issued share capital of the Company as at the date of this announcement, respectively.

EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY

Based on the information available to the Company as at the date of this announcement, the shareholding structure of the Company (i) immediately before the Completion; and (ii) immediately after the Completion, are as follows:

Leview Mobile HK Limited	1,448,804,386	28.78
Purchaser	0	0
Data Dreamland Holding Limited
(Note 1)	462,889,484	9.20
Wintech Consultants Limited (Note 2)	483,000	0.01
Other Shareholders	3,121,230,610	62.01
Total	5,033,407,480	100.00
Notes:

Immediately before Completion
Shares approximate	Shares	approximate
%	%
551,367,386	10.95
897,437,000	17.83
462,889,484	9.20
483,000	0.01
3,121,230,610	62.01
5,033,407,480	100.00

Immediately after Completion

• (1) The entire issued share capital of Data Dreamland Holding Limited is held by Barrie Bay (PTC) Limited. Barrie Bay (PTC) Limited is acting as the trustee of the Barrie Bay Unit Trust. The Barrie Bay Unit Trust is a unit trust held by HSBC International Trustee Limited, which is acting as the trustee of the Barrie Bay Trust. The Barrie Bay Trust is a discretionary trust set up by Mr. Guo Deying and Ms. Yang Xiao (the spouse of Mr. Guo) and the beneficiary objects of which include the children of Mr. Guo Deying and Ms. Yang Xiao.

• (2) Mr. Guo Deying is taken to be interested in the 483,000 shares held by Wintech Consultants Limited as he is one out of the three directors of Wintech Consultants Limited and the other two directors are accustomed in accordance with Mr. Guo Deying's direction.

DEFINITIONS

In this announcement, the following terms and expressions (unless the context otherwise requires) shall have the following respective meanings:

"Board"	the board of Directors
"Company"	Coolpad Group Limited, a company incorporated in the Cayman Islands
with limited liability, the shares of which are listed on the Main Board
of the Stock Exchange (Stock Code: 2369)
"Completion"	completion of the Transaction
"Director(s)"	the director(s) of the Company
2

"Hong Kong"	the Hong Kong Special Administrative Region of the People's Republic
of China
"HK$"	Hong Kong dollars
"Listing Rules"	Rules Governing the Listing of Securities on the Stock Exchange
"Purchaser"	Power Sun Ventures Limited, a company incorporated in British Virgin
Islands
"Sale Shares"	897,437,000 Shares, being the Shares subject to the Transaction, and
Sale Share means each of the Sale Shares
"Share(s)"	ordinary share(s) of par value HK$0.01 each in the issued share capital
of the Company
"Shareholder(s)"	the holder(s) of the shares in the Company
"SFO"	Securities and Futures Ordinance (Chapter 571 of the Laws of Hong
Kong)
"Stock Exchange"	The Stock Exchange of Hong Kong Limited
"Transaction"	the sale and purchase of Sale Shares between Leview Mobile HK
Limited and the Purchaser
"%"	percent

By order of the Board Coolpad Group Limited

Liu Hong Chairman

Hong Kong, 4 January 2018

As at the date of this announcement, the executive Directors are Mr. Liu Hong, Mr Jiang Chao and Mr. Zhang Wei; the non-executive Directors are Mr Ma Lin, Mr Wang Junmin and Mr Yang Yongqiang; the independent non-executive directors are Dr Huang Dazhan, Mr Xie Weixin, and Mr Chan King Chung.