Jolimark : PROFIT WARNING

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JOLIMARK HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2028)

PROFIT WARNING

This announcement is made by Jolimark Holdings Limited (the "Company") pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rule 13.09(2) of the Listing Rules.

The board ("Board") of directors of the Company (and together with its subsidiaries, the "Group") wishes to inform the shareholders of the Company ("Shareholders") and potential investors that based on the preliminary unaudited consolidated management accounts of the Group for the financial year ended 31 December 2017, it is expected that the Group may record a decrease in profit for the year of approximately between 60% and 90%, as compared with the previous financial year. Such decline is primarily attributable to decrease in sales of invoice printers due to market volatility, termination of the EMS manufacturing business and investments impairment.

The information contained in this announcement is only based on the preliminary assessment made by the Board with reference to the information currently available to the Board and such information has not been audited or reviewed by the auditors of the Company. The actual financial results of the Group for the financial year ended 31 December 2017 may be different from what is disclosed in this announcement. The results of the Group for the financial year ended 31 December 2017 is expected to be released before end March 2018. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board of

Jolimark Holdings Limited

Au Kwok Lun

Director

Hong Kong, 12 January 2018

As at the date of this announcement, the executive directors of the Company are Mr. Au Pak Yin, Mr. Au Kwok Lun and Mr. Ou Guo Liang, and the independent non-executive directors of the Company are Mr. Lai Ming, Joseph, Mr. Meng Yan, Mr. Xu Guangmao and Mr. Yeung

Kwok Keung.