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)

FURTHER INFORMATION IN RELATION TO

THE ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX

MONTHS ENDED 30 JUNE 2018

Reference is made to the announcement made by O-Net Technologies (Group) Limited (the "Company") dated 21 August 2018 in relation to the unaudited condensed consolidated interim financial statements of the Company and its subsidiaries (collectively, the "Group") for the six months ended 30 June 2018 (the "Results Announcement"). Unless otherwise defined, capitalized terms used in this announcement shall bear the same meanings as those defined in the Results Announcement.

The Board hereby provides further information in relation to operating data of the major operating business sectors of the Group for the six months ended 30 June 2018 together with the comparative figures in 2017:

Major operating business sectors# -

Optical Networking and Smart Manufacturing Applications

Six months ended 30 June 2018 2017 Changes HKD'million HKD'million %/ppt

Revenue

1,145.8

823.1

39.2

Cost of sales

(784.8)

(529.4)

48.2

Gross profit

361.0

293.7

22.9

Other gains - net*

16.2

19.7

-17.8

Selling and marketing costs

(43.2)

(32.7)

32.1

Research and development expenses

(129.7)

(107.4)

20.8

Administrative expenses

(103.0)

(85.4)

20.6

Operating profit

101.3

87.9

15.2

Gross profit margin (%)

31.5

35.7

-4.2 ppt

Operating profit margin (%)

8.8

10.7

-1.9 ppt

Note: Calculation and disclosure format of operating profit are the same as the 2017 annual report of the Company

# Excluding non-major operating business sector - consumer electronics, only including major operating business sectors - optical networking and smart manufacturing applications

* Excluding fair value gain on financial assets at fair value through profit or loss

By Order of the Board

O-Net Technologies (Group) Limited

Man Kwok Leung Company Secretary

Hong Kong, 23 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 23 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 August 2018 12:01:03 UTC