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Recorded Over-subscription for both Hong Kong Public Offer and International Offering

For Immediate Release
(Stock Code: 815)
China Silver Group Recorded Over-subscription for both Hong Kong Public Offer and
International Offering
Final Offer Price Set at HK$1.18 per Share
Trading to Debut on 28 December

HONG KONG, 27 December 2012 — China’s  leading silver producer, China Silver Group Limited (“China Silver Group” or “the Group”), today announced its Global Offering allotment results with the Hong Kong public offer 8.76 times subscribed, while the international offering were also moderately over-subscribed.
China Silver Group is offering a total of 158,840,000 shares under the Global Offering, and the final offer price has been set at HK$1.18 per share. After deducting the underwriting commissions and other offering expenses payable by the Group in the Global Offering, and assuming that the over-allotment option is not exercised, the Group expects to receive net proceeds of approximately HK$101.3 million from the Global Offering.   
Mr. Chen Wantian, Chairman and Chief Executive Officer of China Silver Group, said, “We are pleased with the subscription results, which demonstrates the confidence of investors in our business and prospects. The listing of our shares on the Main Board of The Stock Exchange of Hong Kong Limited is an important milestone for  our group, providing us with a strong impetus to accelerate the overall development of our business, further strengthen and enhance our market position, and to be well-prepared to tap the huge growth potential in the silver industry.”
Trading of China Silver Group’ shares will commence on the Main Board of the Stock Exchange of Hong Kong Limited from Friday, 28 December 2012 under the stock code 815 in board lots of 2,000 shares.  
CCB International Capital Limited (“CCBI”)  is the sole sponsor and sole global coordinator, with CCBI, UOB Kay Hian (Hong Kong) Limited and Oriental Patron Securities Limited being  the  Joint Bookrunners and  Joint Lead Managers of the listing.
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About China Silver Group Limited

China Silver Group, a leading silver producer in China, is engaged in the refining of high purity grade silver from high-content ore powder, smelting slag and low-content ore powder. The Group was one of the top ten largest silver producers in China in terms of annual production volume in 2011, with over 70% of revenue derived from sales of silver, highest among other major silver producers in China. Located in the city of Ji’an in Jiangxi Province of China, the Group deploys a comprehensive production process, making it one of the few silver manufacturers in China capable of producing silver ingots with a purity grade of 99.999%, currently the world’s highest standard in silver production. The Group’s principal product is  the well-recognized “Longtianyong” branded silver ingots, boasting a purity grade of not less than 99.995% which exceeds the China Silver Standard and the LBMA International Silver Standard.  The Group is currently the only non-state-owned or  -controlled entity among the 17 Chinese enterprises whose products are accepted by  the LBMA Good Delivery List.Domestically,  the Group’s  “Longtianyong” branded silver ingots have been ranked by the Shanghai White Platinum & Silver Exchange as one of 20 most popular silver brands for eight consecutive years since 2005.
Meanwhile, the Group refines other commercially valuable metal by-products, including lead  ingots, bismuth ingots, antimony ingots and etc., and also processes kiln slag into construction materials.
For further enquiries, please contact Hill+Knowlton Strategies Asia.
Linda Pui
Tel: (852) 2894 6378 / 9700 0178
Irene Sun  
Tel: (852) 2894 6388 / 9289 5767

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