Good Resources Invested US$80 Million in Development of The Disruptive Global Internet Banking and Financial Business

HONG KONG, Jan 31, 2016 - (ACN Newswire) - Good Resources Holdings Limited ("Good Resources" or the "Group", Hong Kong stock code: 00109) is pleased to announce that the Group agreed to invest no more than US$80 million of capital in Metro Leader, an international company which is ready to launch its internet banking and financial business. Upon completion of the share subscription, Good Resources and the internet banking founding team will together hold as to 100% of the issued shares in the invested company with 77.78% held by Good Resources. This company will strive to develop the internet banking and financial business, building up brand name for the internet bank.

The internet bank will be providing disruptive banking and financial services throughout Europe and around the world. It provides a unique three-in-one mobile platform with banking services, wealth management as well as a mutual fund department that allows the customer to manage all facets of his banking requirements in a user-friendly digital interface. Banking services include remote account opening, 24x7 real time transfer across different currencies among other services, while wealth management services include brokerage on equities, bonds, and mutual fund products.

By keeping services and operations online, the internet bank is able to leverage a low-cost structure while providing superior products and services to a large client base through the best-in-class and most advanced technological platform in the industry, utmost safety and privacy protection is being guaranteed. Anywhere, anytime, always your bank, fast accumulates clients through a win-win approach.

Mr. Sonny Wu, Chairman of Good Resources, said "it is the platform where Good Resources is about to perform its overseas internet banking and financial business. Our industry-leading efforts will inevitably bring us first-mover advantages as an industry pioneer, and build up the first platform to provide users with convenient and efficient solutions to overseas asset banking services. We have confidence that the internet banking and financial business will grow in a steady and prudent manner and the Company shall benefit from the growth."

Under the close cooperation and joint efforts with GSR Capital team, the Group successfully gained the leading figure in terms of European internet banking industry to join the business: Mr. Lachowski, whom have over 20 years of experience in senior managerial positions in banking industry, successfully established several bank brands such as mBank, MultiBank and Bank Smart, while mBank is the first internet bank in Europe to introduce low-cost financing business model, it is currently the third largest retail bank and the largest internet bank in Poland with over 3 million of bank customers.

The Board of the business will be led by Mr. Sonny Wu and Mr. De Backer as co-chairman. Main managerial team members include Mr. De Backer, Mr. Lachowski, Mr. Facq, and Mr. Gawron. The management team will formulating and implementing business development strategy, applying for and acquiring at least one banking license from European regulatory authorities, building up partnerships with insurance company, and ensuring that key operational staff are in place to commence operation.

For further information regarding this investment for internet bank2 please refer to the related company announcement.

Introduction Of The Four Team Members

Mr. Lachowski- A professional with extensive experience in senior managerial positions in the banking industry, and a recognised entrepreneur in digital finance- Served as a CEO, chairman of the board of directors and member of management board in several banks in Poland and abroad over the last 25 years- Led several start-up bank projects in Poland, Czech Republic and Slovakia resulting in the creation of brands such as mBank, MultiBank and Bank Smart- Founder of mBank, the first online-only bank in Europe introducing a low-cost finance business model

Mr. De Backer- A serial developer and seasoned professional in retail banking- Founder of the Bain Brussels office and the leader developing Bain Financial Services Practice in Europe, vice-president at Bain & Co in Dubai and its global head of financial services practice- CEO of ADB, an electronic company being part of the Siemens Group, prior to joining Bain- Author of two books in digital finance, namely Reinvent Retail Banking and Maximum Leadership

Mr. Facq- A recognised developer in digital finance and the founder of the Bain Warsaw office- Vice president at Bain & Co in Poland and its regional head of financial services practice for Central and Eastern Europe- Helped digital banks service positioning and launch including mBank and Bank Smart

Mr. Gawron- A seasoned information technology professional and banking manager- 20 years of experience in launching and managing digital banks from mBank to Bank Smart- In charge of mBank retail IT, where he launched online fund supermarket and online broker

About Good Resources Holdings Limited

Good Resources is an international investment platform, committed to implement the "Going Out" strategy of Chinese capital. The company focuses on facilitating China's robust capital injection into global emerging industries via large-scale mergers & acquisitions, buyouts and investments, including finance, clean energy, bio-pharmaceutical, commodities, online finance and cultural industry sectors, etc. The management team of Good Resources comprises investment veterans across multiple industries and platforms. Leveraging its deep understanding of both Chinese and global businesses, the company is capable of effectively investing in industry-leading global companies. Current invested projects by the Group include 4G small cellular base station technology in U.S.(AIRSPAN), fiber construction project in Myanmar, internet banking, etc.

Source: Good Resources Holdings Limited

Contact:

Good Resources Holdings Limited
Ms. Lydia Zhong  Tel: (852) 2587 5509  Email: lydiazhong@hkex109.hk

Strategic Financial Relations (China) Limited
Ms. Karen Hung  Tel: (852) 2864 4845  Email: karen.hung@sprg.com.hk
Ms. Karen Li    Tel: (852) 2864 4874  Email: karen.li@sprg.com.hk
Fax: (852) 2527 1271

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