Beijing Digital Telecom : PLEDGE OF SHARES BY CONTROLLING SHAREHOLDER

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北 京 迪 信 通 商 貿 股 份 有 限 公 司

Beijing Digital Telecom Co., Ltd.

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6188)

PLEDGE OF SHARES BY CONTROLLING SHAREHOLDER

This announcement is made by Beijing Digital Telecom Co., Ltd. (the "Company") pursuant to Rule 13.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Reference is made to the announcement of the Company dated 16 September 2019 in relation to the pledge of certain domestic shares of the Company to Jiangsu Jingdong Information Technology Co., Ltd. (江蘇京東信息技術有限公司) ("Jiangsu Jingdong") by Digital Science

• Technology Group Limited (迪信通科技集團有限公司) ("Digital Science & Technology") and Beijing Di Er Tong Consulting Company Limited (北京迪爾通諮詢有限公司) ("Di Er Tong"), the controlling shareholders of the Company, respectively. On 28 October 2019, Digital Science & Technology and Di Er Tong released all pledges over the abovementioned domestic shares of the Company, respectively.

On 18 December 2019, Di Er Tong pledged 63,270,000 domestic shares of the Company (representing approximately 9.5% of the total issued shares of the Company as at the date of this announcement) to Beijing Jingdixin Technology Company Limited (北京京迪信科技有 限公司) ("Jingdixin"), an investee company of the Company, as a guarantee for the delivery credit facility of approximately RMB380,000,000 provided by Jingdixin to the Company.

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At present, the risks for Di Er Tong to pledge domestic shares of the Company are under control, and would not result in any change to the controlling shareholder or de facto controllers of the Company, nor affect the normal operations of the Company. Investors are advised to be cautious about investment risks.

By order of the Board

Beijing Digital Telecom Co., Ltd.

LIU Donghai

Chairman

Beijing, the PRC

18 December 2019

As at the date of this announcement, the executive directors of the Company are Mr. LIU Donghai, Mr. LIU Yajun, Mr. LIU Songshan and Ms. LIU Wencui; the non-executive directors of the Company are Mr. QI Xiangdong and Ms. XIN Xin; and the independent non-executive directors of the Company are Mr. LV Tingjie, Mr. LV Pingbo and Mr. ZHANG Senquan.

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