China Innovationpay : COMPANY INFORMATION SHEET

FORMS RELATING TO LISTING FORM F THE GROWTH ENTERPRISE MARKET (GEM) COMPANY INFORMATION SHEET

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this information sheet, 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 information sheet.

Company name :	China Innovationpay Group Limited
Stock code (ordinary shares) :	8083

This information sheet contains certain particulars concerning the above company (the "Company") which is listed on the Growth Enterprise Market ("GEM") of the Stock Exchange of Hong Kong Limited (the "Exchange"). These particulars are provided for the purpose of giving information to the public with regard to the Company in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"). They will be displayed at the GEM website on the Internet. This information sheet does not purport to be a complete summary of information relevant to the Company and/or its securities.

The information in this sheet was updated as of 07th October 2016.

1. General

   Place of incorporation : Date of initial listing on GEM : Name of Sponsor(s) : Name of directors :

   Bermuda 14th April 2000 Nil Executive Directors Guan Guisen Cao Chunmeng Yan Xiaotian Independent Non-Executive Directors Fong Chi Wah Wang Zhongmin Gu Jiawang

   Name(s) of substantial shareholder(s) (as such term is defined in rule 1.01of the GEM Listing Rules) and their respective interests in the ordinary shares and other securities of the Company:

   Shareholder Interest Interest in Total interest % of in shares underlying in shares shareholding

   shares

   Mighty Advantage Enterprises Limited 1,311,792,000 - 1,311,792,000 21.51 % (Note)

   Mr. Guan Guisen 1,311,792,000 - 1,311,792,000 21.51 %

   (Note)

   Note:

   Mighty Advantage Enterprises Limited ("Mighty Advantage") is incorporated in the British Virgin Islands and is beneficially owned by Mr. Guan Guisen.

   Name(s) of company(ies) listed on GEM or the Main Board of the Stock Exchange within the same group as the Company :	Nil
   Financial year end date :	31st December
   Registered address :	Canon's Court, 22 Victoria Street Hamilton HM 12, Bermuda
   Head office and principal place of business :	Unit 2708, 27/F., The Center 99 Queen's Road Central, Hong Kong
   Web-site address :	www.innovationpay.com.hk
   Share registrar :	Computershare Hong Kong Investor Services Limited Shops 1712-1716, 17/F., Hopewell Centre 183 Queen's Road East, Wanchai, Hong Kong
   Auditor :	RSM Hong Kong 29th Floor, Lee Gardens Two 28 Yun Ping Road, Hong Kong

2. Business activities

   The Group consists of the Company, Shenzhen Innovationpay Co., Limited and its subsidiaries, Country Praise Enterprises Limited ("CPE") and its subsidiaries (collectively the "CPE Group"). The Company is an investment holding company. Its subsidiaries are principally engaged in four segments. Namely (i) General trading: trading of watches, computers, communication equipment, currency sorters and other goods; (ii) Prepaid card business: provision of third party payment services and consultancy services; and marketing and sale of consumer goods in form of prepaid gift cards in the People's Republic of China ("the PRC"); (iii) Travellers related services: provision of air-ticketing services and related customers services; and (iv) Onecomm - provision of third party payment system solution and sales of integrated smart point of sales ("POS") devices.

3. Ordinary shares

   Number of ordinary shares in issue :	6,099,310,753
   Par value of ordinary shares in issue :	HK$0.01
   Board lot size (in number of shares) :	4,000
   Name of other stock exchange(s) on which ordinary shares are also listed :	Nil

4. Warrants

   Stock code :	N/A
   Board lot size :	N/A
   Expiry date :	5 July 2020
   Exercise price :	HK$0.72
   Conversion ratio (Not applicable if the warrant is denominated in dollar value of conversion right) :	N/A
   No. of warrants outstanding :	HK$381,600,000
   No. of shares falling to be issued upon the exercise of outstanding warrants :	530,000,000

5. Other securities

Shares Options :

21,600,000 (Granted on 6 July 2012) 199,306,000 (Granted on 11 June 2015)

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof hereby collectively and individually accept full responsibility for the accuracy of the information contained in this information sheet ("the Information") and confirm, having made all reasonable inquiries, that to the best of their knowledge and belief the Information is accurate and complete in all material respects and not misleading or deceptive and that there are no other matters the omission of which would make any Information inaccurate or misleading.

The Directors also collectively and individually accept full responsibility for submitting a revised information sheet, as soon as reasonably practicable after any particulars on the form previously published cease to be accurate.

The Directors acknowledge that the Stock Exchange has no responsibility whatsoever with regard to the Information and undertake to indemnify the Exchange against all liability incurred and all losses suffered by the Exchange in connection with or relating to the Information.

Signed:

Guan Guisen Cao Chunmeng

Executive Director Executive Director

Yan Xiaotian Fong Chi Wah

Executive Director Independent Non-Executive Director

Wang Zhongmin Gu Jiawang

Independent Non-Executive Director Independent Non-Executive Director