NetMind Financial : PROPOSED CHANGE OF COMPANY NAME

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NetMind Financial Holdings Limited 網智金控集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 985)

PROPOSED CHANGE OF COMPANY NAME

The Board proposes to change the English name of the Company from "NetMind Financial Holdings Limited" to "CST Group Limited" and to change the dual foreign name in Chinese of the Company from "網智金控集團有限公司" to "中譽集團有限公司". A circular containing,

among other things, information in relation to the proposed Change of Company Name and a notice convening the AGM will be despatched to the Shareholders as soon as practicable.

PROPOSED CHANGE OF COMPANY NAME

The board of directors (the "Board") of NetMind Financial Holdings Limited (the "Company") proposes to change the English name of the Company from "NetMind Financial Holdings Limited" to "CST Group Limited" and to change the dual foreign name in Chinese of the Company from "網

智金控集團有限公司" to "中譽集團有限公司" (the "Change of Company Name").

CONDITIONS OF THE CHANGE OF COMPANY NAME

The Change of Company Name will be subject to the following conditions being fulfilled:

1. the passing of a special resolution by the shareholders of the Company (the "Shareholders") at the annual general meeting of the Company to approve the Change of Company Name (the "AGM"); and

2. the Registrar of Companies in the Cayman Islands approving the Change of Company Name.

The Change of Company Name will take effect from the date on which the new name is entered onto the register by the Registrar of Companies in the Cayman Islands in place of the existing name. The Registrar of Companies in the Cayman Islands shall issue a certificate of incorporation on change of name thereafter. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong.

REASONS FOR THE CHANGE OF COMPANY NAME

The Board considers that the Change of Company Name will provide the Company with a more appropriate corporate identity and better reflect and highlight the Company's image in the interests of the Company and the Shareholders as a whole.

EFFECT OF THE CHANGE OF COMPANY NAME

Upon the Change of Company Name becoming effective, all existing share certificates bearing the current name of the Company will continue to be effective, all existing share certificates bearing the current name of the Company will continue to be evidence of title to the shares of the Company and will continue to be valid for trading, settlement and registration purposes and the rights of the Shareholders will not be affected as a result of the Change of Company Name. There will not be any free exchange of the existing share certificates of the Company for new share certificates under the new name of the Company. If the Change of Company Name becomes effective, any issue of share certificates thereafter will be in the new name of the Company and the securities of the Company will be traded on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in the new name of the Company.

In addition, subject to confirmation by the Stock Exchange, the English and Chinese stock short names of the Company for trading in the securities on the Stock Exchange will also be changed after the Change of Company Name becomes effective. Further announcement(s) will be made by the Company in relation to the effective date of the Change of Company Name and the change of English and Chinese stock short names.

GENERAL

The AGM will be convened and a special resolution will be proposed thereat for the Shareholders to consider and, if thought fit, approve the Change of Company Name. A circular containing, among other things, information in relation to the proposed Change of Company Name and a notice convening the AGM will be despatched to the Shareholders as soon as practicable.

By Order of the Board

NetMind Financial Holdings Limited Chiu Tao

Executive Director and Chairman

Hong Kong, 17 August 2017

As at the date of this announcement, the Board comprises (i) Mr. Chiu Tao (Chairman), Mr. Hui Richard Rui, Mr. Lee Ming Tung, Mr. Kwan Kam Hung, Jimmy, Mr. Yeung Kwok Yu, Mr. Tsui Ching Hung, Mr. Chen Weixing and Mr. Wah Wang Kei, Jackie as executive directors of the Company; and (ii) Mr. Yu Pan, Ms. Tong So Yuet, Ms. Ma Yin Fan and Mr. Leung Hoi Ying as independent non-executive directors of the Company.