For Immediate Release

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Goldpac Group Limited
(Stock Code: 03315)

Goldpac Announces 2016 Q3 Smart Card Shipments

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Smart Card Shipment Records a YoY Growth, the Strength of 'Cloud' Arises

(26 October 2016, Hong Kong) The world's fourth largest, and China's top ranked payment solutions provider, Goldpac Group Limited ("Goldpac" or the "Company", together with its subsidiaries the "Group", HKSE stock code: 03315) today announced its smart card shipment for the third quarter of 2016.

As China's banks reinforced the promotion of credit cards, the market demand for payment card in China had a significant increase, helping the Group's smart card shipment in Q3 rebound to 42 million (2015: 41 million), representing a 2.6% growth year-on-year, while the shipment fluctuation during the first three quarters has been narrowed-down significantly. In addition, in October 2016, the company officially launched the brand new GCaaS cloud platform which based on O2O model, and the first phase of the online operation is officially activated, accepting online orders and started delivery.

Mr. Hou Ping, Chief Executive Officer of Goldpac, stated, "We are excited by the growth of smart card shipment during the third quarter. Since the banks in China gradually turn to a precise style to manage card issuance, credit card products, as the entry point of the financial innovative services, has become a momentum of the smart secure payment industry growth. As credit card products require high security and multi-service implementations, Goldpac, as the industry leader, obtains competitive advantages in securing orders with high levels of security and sophisticated implementations, helping the Group to win votes of support from customers."

Regarding the new cloud platform busines, Mr. Hou Ping continued, "We continue to enhance our R&D potential, and launched our brand new GCaaS cloud platform in October. The GCaaS cloud platform is a new Fintech O2O business model which aims to strengthen the capabilities of the financial payment industry within the cloud space, improve the competitiveness of customers in an evolving payment environment so as to create a convenient, collaborative, mutually-beneficial secure payment industry ecosystem through cloud services. With our team's effort, the Group will launch more innovative Fintech products including new wearable products and more secure mobile payment products, etc., bringing new impetus to the Group's growth and maximising the value for the Group and shareholders."

Smart Card Shipment for the Third Quarter of 2016 (Unaudited)

The above data is unaudited and is intended for reference purposes only.

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About Goldpac Group Limited (Stock Code: 03315)
With more than 20 years of successful experience and leading global technologies, Goldpac is honoured to be ranked China's No.1 and the world's No. 4 corporation in the secure payment industry.

Transforming from its traditional financial payment card business to an integrated secure payment services platform, Goldpac serves clients all over the world by providing secure payment systems, embedded software and payment products, and data processing services. Its customers cover a wide range of industries from financial services, social security and healthcare, to transport, retail, mobile payment, identification, third-party payment platforms and other security services domains.

Boosted by China government's One Belt One Road strategic initiative, Goldpac is extending its superior solutions and services to an even wider geographical network. The Group will deliver convenient, secure payment experiences to people around the globe, and expects that overseas secure payment business will show the greatest growth potential.

For more information, please visit http://www.goldpac.com.
Issued by Cornerstones Communications Ltd. on behalf of Goldpac Group Limited. For enquires please contact :

Cornerstones Communications Limited
Sam Choi / Edward Siu / Vickie Yue / Lizzy Ke
T: (852) 2903 9289 / 2903 9299/ 2903 9211/ 2903 9287
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