Vobile : INSIDE INFORMATION - POSITIVE PROFIT ALERT

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.

This announcement is for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

Vobile Group Limited

阜 博 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3738)

INSIDE INFORMATION

POSITIVE PROFIT ALERT

This announcement is issued by the Company pursuant to Rule 13.09(2)(a) of the Listing Rules and under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board now wishes to inform the Shareholders and potential investors that, based on a preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended June 30, 2020, as well as other relevant information currently available to the Board, the Group expects (i) its revenue for the six months ended June 30, 2020 to be approximately US$21.6 million, representing an increase of approximately 167.3% as compared to the revenue of US$8.1 million for the six months ended June 30, 2019; and (ii) its profit attributable to owners of the Company to be approximately US$9.8 million, representing an increase of US$10.9 million for the six months ended June 30, 2020 as compared to the loss attributable to owners of the Company of US$1.1 million for the six months ended June 30, 2019.

Based on information currently available to the Company, the expected significant increase in revenue and profit attributable to owners of the Company are primarily attributable to (i) the successful integration of the Rights ID and Channel ID businesses acquired from ZEFR, Inc.; (ii) the continued growth of viewership on social video platforms including YouTube. The average monthly view count of the content managed by the Rights ID business increased from 30.6 billion per month for the six months ended June 30, 2019 to 38.4 billion per month for the six months ended June 30, 2020, representing an increase of 25.3%; and (iii) the one-time income including fair value change on other liabilities measured at fair value through profit or loss of US$9.7 million for the six months ended June 30, 2020.

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The Company is still in the process of finalizing the Group's Interim Results. The information contained in this announcement is only a preliminary assessment made by the Board based on the information currently available for the time being, which have not been confirmed, reviewed or finalized by the Company's auditors or audit committee of the Company and may be subject to adjustments. Shareholders and potential investors are advised to read carefully the Interim Results announcement of the Company, which is expected to be released on August 28, 2020.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following expressions shall have the following meanings:

Term	Definition
''Adjusted EBITDA''	earnings before interest, taxes, depreciation and amortization excluding
	transaction costs for acquisitions and other one-off adjustments
''Board''	the board of Directors of the Company
''Company''	Vobile Group Limited, an exempted company incorporated with limited
	liability under the laws of the Cayman Islands and the shares of which are
	listed on the Stock Exchange
''Interim Results''	the Group's consolidated financial results for the six months ended June 30,
	2020
''HK$''	Hong Kong dollars, the lawful currency of Hong Kong
''Hong Kong''	the Hong Kong Special Administrative Region of the People's Republic of
	China

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''Listing Rules''the Rules Governing the Listing of Securities on the Stock Exchange

''Shareholders''shareholders of the Company

''Stock Exchange'' The Stock Exchange of Hong Kong Limited

By order of the Board

Vobile Group Limited

Yangbin Bernard WANG

Chairman, Executive Director and

Chief Executive Officer

Hong Kong, August 20, 2020

As at the date of this announcement, the board of directors of the Company comprises Mr. Yangbin Bernard WANG and Mr. Michael Paul WITTE as executive directors; Mr. J David WARGO and Mr. WONG Wai Kwan as non-executive directors; and Mr. CHAN King Man Kevin, Mr. Derek CHANG, Mr. Alfred Tsai CHU and Mr. Charles Eric EESLEY as independent non-executive directors.

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