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SkyOcean International Builds the First "Beijing-Hong Kong Co-working Base"

Comb+ helps Hong Kong entrepreneurs to realize their business dreams
Promotes China innovative business to the world

HONG KONG, Dec. 3, 2015 /PRNewswire/ -- SkyOcean International Holdings Limited ("SkyOcean International" or the "Company", together with its subsidiaries, the "Group") (Stock Code: 0593) announced today that it has been awarded the plaque of "Beijing-Hong Kong Co-working Base" at The 1st Hong Kong International Entrepreneurs Festival (HKIEF). "Beijing-Hong Kong Co-working Base" is the first and only innovation base founded by Beijing and Hong Kong and it sets sail the long term and in-depth development between SkyOcean International and Hong Kong International Entrepreneur Union. Meanwhile, it signified SkyOcean International has officially extended its footstep to the technology sector through its own brand "Comb+" to develop relevant innovative entrepreneurial business.

Dr. ZHANG Yu, Chairman of Comb+, receives the plaque of "Beijing-Hong Kong Co-working Base" presented by Mr. Duanrui WANG, Honorary Chairman of HKIEF Preparatory Committee
Dr. ZHANG Yu, Chairman of Comb+, receives the plaque of "Beijing-Hong Kong Co-working Base" presented by Mr. Duanrui WANG, Honorary Chairman of HKIEF Preparatory Committee

"Beijing-Hong Kong Co-working Base" plaque was presented by Mr. WANG Duanrui, Honorary Chairman of HKIEF Preparatory Committee and received by Dr. ZHANG Yu, Chairman of Comb+, which indicated SkyOcean International had entered a new milestone. Going forward, SkyOcean International will focus on technology industry and strategic investment, and operate the "Comb+" entrepreneur incubation platform by providing full life-cycle incubation and growth services for startups to achieve their business dreams. Comb+ will thereby take a series of actions in association with the Hong Kong government such as establishing a Youth Entrepreneur Capital Fund. Outstanding startup teams will be invited to Comb+ Intelligence Parks and join the Internet Demo Day, organized by world-leading incubators from US, Israel and other European countries, through the "Global Online Silicon Valley" platform which is first proposed by Comb+. They will also be invited to participate in the International Innovation and Entrepreneurship Competition hosted by SkyOcean International next year.

The 2 Comb+ Intelligence Parks are located in Beijing Chaoyang District (in operation) and Fangshan District (under construction) respectively. The first phase gross floor area of the 2 projects is approximately 610,000m2, and total investment is estimated to be over RMB50 billions. Comb+ is the sole strategic partner with UNOPS in innovation field in the Asia-Pacific Region, and it has cooperated with over 50 top notch innovation and investment alliances as well as over 100 mentors and consultants. Since commencing operation in May 2015, Chaoyang Comb+ has attracted 45 start-up companies to settle down. These start-up companies have so far obtained approximately RMB180 million financing while their estimated market value reached approximately RMB1,400 million.

Dr. ZHANG Yu highly recognized the innovation atmosphere and capability of Hong Kong when he delivered a speech in the Youth Venture and Innovation Space Forum. Dr. ZHANG said, "Comb+ aims to develop 'Global Online Silicon Valley' by aggregating global intelligence so as to catalyze world revolution. We expect the peak of innovation will take place in China in the next three to five years and the 90s generation will become the cornerstone in the innovation wave. In mainland China, we have established 'Innovation Special Fund' with a total amount of RMB50 million to nurture innovation talents. Hong Kong has exceptional geographical advantage, world leading capabilities on research & development and creativity, as well as splendid history and culture, which cultivated numerous innovative talents. 'Hong Kong Creativity' advantage could attain greater achievements if it leveraged on mainland market. Meanwhile, start-ups in mainland China also desire to connect and cooperate with Hong Kong innovation industry. Comb+ is proud to take the lead on developing 'Beijing-Hong Kong Co-working Base', by integrating innovation trend of mainland China and Hong Kong, by integrating innovation of China and the world as a whole, so as to aggregate worldwide startups in Comb+ and extend the scope 'mass entrepreneurship and innovation' to the world eventually. "

Chairman of Comb+ Dr. ZHANG Yu gives a speech themed "Operating Innovative Space Is Also A Form of Entrepreneurship"
Chairman of Comb+ Dr. ZHANG Yu gives a speech themed "Operating Innovative Space Is Also A Form of Entrepreneurship"

SkyOcean International Holdings Limited

SkyOcean International (stock code 0593), focuses on the convergence and innovation of technology and culture and its key business activities are development of technology industry and strategic investments in outstanding technology and cultural companies. SkyOcean International is the sole strategic partner of UNOPS (The United Nations Office for Project Services) in innovation field in Asia Pacific region, and the only HK-listed company principally engaged in the operation of incubator for innovative entrepreneurship. Comb+, the self-developed brand of SkyOcean International, is the very first proposing the establishment of "Global Online Silicon Valley" platform, where intelligence will be integrated to drive worldwide change by introducing international original technologies to the huge Chinese market. For more information, please visit www.skyocean.com.

Comb+

Comb+ will extend the concept of "mass entrepreneurship and innovation" to the world and will integrate world-leading entrepreneurship projects, establish world-class mainstream investor alliance, and bring together global top mentor and course resources to establish a worldwide innovative service network by setting up a service platform that caters to pioneering enterprises throughout their life cycle. Comb+ is committed to provide big data and full life-cycle incubation and growth services with the aim to create a first-class ecosystem for ambitious start-ups in accomplishing their entrepreneurial dreams. For more information, please visit www.combplus.com.

Hong Kong International Entrepreneurs Festival

The 1st Hong Kong International Entrepreneurs Festival (HKIEF) 2015 is the most sizeable, most organizations and individuals participated international entrepreneurial event will be grandly held in various spectacular places in Hong Kong including Asia World Expo, Sky 100 and Kowloon Park on December 3-5. HKIEF will provide a unique platform for global entrepreneurs and investors to explore promotion and business opportunities across nations. HKIEF is expected to attract more than 200,000 visit flow and over 1,000 organizations to participate.

For further information, please contact:

Porda Havas International Finance Communications Group

Jacqueline Lee

(852) 3150-6732

jacqueline.lee@pordahavas.com

Chris Wang

(852) 3150-6714

chris.wang@pordahavas.com

Alma Lee

(852) 3120-6520

alma.lee@pordahavas.com

Cindy Chen

(852) 3120-6512

cindy.chen@pordahavas.com

Photo - http://photos.prnasia.com/prnh/20151203/8521508289-a
Photo - http://photos.prnasia.com/prnh/20151203/8521508289-b

Source: SkyOcean International Holdings Limited
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