[YY Announces Receipt of Preliminary Non-Binding “Going Private” Proposal Guangzhou, China, July 9, 2015 – YY Inc. (NASDAQ: YY) (“YY” or the “Company”), a revolutionary real-time interactive social platform, today announced that that its Board of Directors (the “Board”) has received a non-binding proposal letter, dated July 9, 2015, from Mr. Jun Lei, Chairman of the Board, and Mr. David] [001-35729 YY INC. Building 3-08, Yangcheng Creative Industry Zone No. 309 Huangpu Avenue Middle Tianhe District Guangzhou 510655 The People’s Republic of China Form 20-F x o o o YY INC.]