Tonly Electronics : Named “Most Valuable Small- and Mid-Cap Company” in Golden Hong Kong Stocks Awards 2017

For Immediate Release

Tonly Electronics Holdings Limited

(Stock Code：01249)

Tonly Named "Most Valuable Small- and Mid-Cap Company" in Golden

Hong Kong Stocks Awards 2017

(18 January 2018, Hong Kong) Tonly Electronics Holdings Limited ("Tonly Electronics" or "the Group"; SEHK stock code: 01249) is pleased to announce that the Group is named the "Most Valuable Small- and Mid-Cap Company" in "Golden Hong Kong Stocks Awards 2017". The ceremony, together with the "Explore H-Stock New Value" Forum, was held in Shenzhen. The award aims to recognize small- and mid- cap Hong Kong-listed companies that demonstrated the fastest growth and tremendous potential as well as attracted great attention from the capital market in 2017.

The management of Tonly Electronics, stated, "We feel truly honored to receive the 'Most Valuable Small- and Mid-Cap Company' award. The Company recorded significant revenue growth and increase in market capitalization in 2017. The transformation to develop intelligent product business also demonstrated that the company's development is in line with the market trend. We will continue to explore opportunities in intelligent products for better results to reward the industry and investors for their support and recognition in the Group."

Golden Hong Kong Stocks Awards 2017 was jointly organized by the Hong Kong stock information platform Zhitongcaijing.com and China's leading financial data service providerhttp://www.10jqka.com.cn/.The winners were selected by the professional judging panel comprising 9 renowned financial institutions based on indicators such as their business results during the past one year, industry ranking, etc.

- End -

Tonly Named "Most Valuable Small- and Mid-Cap Company" in Golden

Hong Kong Stocks Awards 2017

Page 2/2

About Tonly Electronics

Tonly Electronics Holdings Limited (SEHK stock code: 01249), a high-tech smart products manufacturer with competitive industrial advantages, is principally engaged in the research and development, manufacturing and sales of audio and video products as well as wireless smart interconnectivity products. It is also developing into smart business. The Group is committed to becoming a one-stop smart loT solutions provider based on the electroacoustic and wireless technologies. Its ultimate controlling shareholder is TCL Corporation (a company listed on the Shenzhen Stock Exchange, Stock code 000100.SZ).

For more information, please visit its website atwww.tonlyele.com.

For further information, please contact:

Cornerstones Communications Ltd.

Sam Choi / Sharis Siu / Lizzy Ke

T: (852) 2903 9289 / 2903 9292 / 2903 9281

E:[e-mail]/[e-mail]

2