FURTHER ANNOUNCEMENT RELATING TO THE PROPOSED ACQUISITION OF...

FURTHER ANNOUNCEMENT RELATING TO THE PROPOSED ACQUISITION OF ELEMENTAL MINERALS LIMITED

Reference is made to the announcements of DINGYI GROUP INVESTMENT LIMITED (the“Company”) dated 11 April 2013, 13 May 2013, 30 May 2013, 2 July 2013, 3 July 2013,17 December 2013 and 23 December 2013 in respect of the Company’s proposed acquisition of Elemental Minerals Limited the (“Previous Proposed Acquisition Announcements”). Capitalised terms used in this announcement shall have the same meanings as those defined in the Previous Proposed Acquisition Announcements unless the context otherwise requires.

As announced previously, the Stock Exchange informed the Company that it considered that the Proposed Acquisition is a reverse takeover under Rule 14.06(6) of the Listing Rules and a transaction intended to list the assets to be acquired and to circumvent the new listing requirements (the “SEHK Decision”). Accordingly, the Company has requested the listing sub-committee of the board of directors of the Stock Exchange (the “Listing Committee”) on 20 December 2013 to review the SEHK Decision(the “Review”), and has made a written submission in respect of the Review on 14 February 2014. The hearing of the Review will beheld on 11 March 2014.

Shareholders should note that there is no guarantee that the outcome of the Review will be in the Company’s favour. The Company will make further announcements in respect of the Review as and when appropriate. Trading in the Shares will remain suspended pending the result of the Review or fulfilment of the disclosure obligation of the Company arising from the Proposed Acquisition under the Listing Rules.

By order of the Board
DINGYI GROUP INVESTMENT LIMITED
Li Kwong Yuk
Chairman and Executive Director
Hong Kong, 20 February 2014