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.

O-NET TECHNOLOGIES (GROUP) LIMITED 昂納科技(集團)有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 877)

FINANCIAL INFORMATION

This announcement is made by O-Net Technologies (Group) Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the"Board") of directors of the Company (the"Directors") has been notified by the substantial shareholder of the Company, Shenzhen Kaifa Technology Co., Ltd. ("Shenzhen Kaifa Technology") (a company listed on Shenzhen Stock Exchange ("SZSE") which holds approximately 21.39% of the issued shares of the Company through Kaifa Technology (H.K.) Limited), that its results for the half year ended 30 June 2018 published on SZSE on 17 August 2018 contained certain information of the Company (the "Relevant Information"), including the unaudited financial information of the Company and its subsidiaries (the "Group") for the six months ended 30 June 2018.

To ensure the shareholders of the Company and investors are timely updated of the Relevant Information, the Company hereby restates the Relevant Information in the same manner as Shenzhen Kaifa Technology published its results:

Monetary unit: RMB' ten thousand

Company

Name

Registered

Capital

Total Assets

Net Assets

Turnover

Operating

Profit

Net Profit

The Group

HKD801 million

284,506.00

185,359.00

101,381.00

10,733.26

9,183.00

Monetary unit: RMB' ten thousand

Balance at period end/Changes during the period

Items

Balance at beginning of the year/Changes during last period

The Group

The Group

Current assets

143,410.00

166,938.00

94,846.00

Non-current assets

117,569.00

284,506.00

238,255.00

Total assets

97,798.00

Current liabilities

77,839.00

Non-current liabilities

5,588.00

1,425.00

Total liabilities

83,427.00

99,224.00

Non-controlling interest

-77.00

454.00

154,375.00

Equity attributable to equity holders of the parent

185,359.00

39,815.00

33,160.00

Share of net assets calculated on shareholding ratio

Adjusted items

Goodwill

unrealized profit in internal transactions

Others

39,049.49

36,459.07

Book value of equity investment in associates

of equity investment of publicly quoted

Fair value of equity investment of publicly quoted associates

77,622.00

101,381.00

Turnover

9,183.00

6,274.00

Net profit

-

Net profit from discontinued operation

-

-

Other comprehensive income

-

Total comprehensive income

9,183.00

6,274.00

-

-

Dividend from associates during the year

Reference is made to the positive profit alert announcement ("Positive Profit Alert Announcement") of the Company dated 18 July 2018 relating that (among others) the Group is expected to record an increase of not less than 50% in the net profit attributable to equity holders of the Company for the six months ended 30 June 2018 as compared to the corresponding period last year. The Relevant Information disclosed by Shenzhen Kaifa Technology was presented in

Renminbi, save for the impact of the exchange rate fluctuation of Renminbi to Hong Kong Dollars

(average exchange rate for the six months ended 30 June 2017: RMB0.8812:HKD1; average exchange rate for the six months ended 30 June 2018: RMB0.8395:HKD1), the Relevant

Information was in line with the increase in net profit expectation in the Positive Profit Alert

Announcement expressed in Hong Kong Dollars, which was also subject to the finalization of the unaudited interim results of the Group for the six months ended 30 June 2018 to be published on

21 August 2018.

Investors and shareholders of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

O-Net Technologies (Group) Limited

Man Kwok Leung Company Secretary

Hong Kong, 17 August 2018

As at the date of this announcement, the executive Director is Mr. Na Qinglin, the non-executive Directors are Mr. Chen Zhujiang, Mr. Huang Bin and Mr. Mo Shangyun, and the independent non-executive Directors are Mr. Deng Xinping, Mr. Ong Chor Wei and Mr. Zhao Wei.

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O-Net Technologies (Group) Ltd. published this content on 17 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 August 2018 13:25:05 UTC