China Metal Resources Utilization Limited — Capital/Financing Update 2015

Jun 29, 2015

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [57 x 41] intentionally omitted <==

CHINA METAL RESOURCES UTILIZATION LIMITED 中 國 金 屬 資 源 利 用 有 限 公 司 (Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1636)

VOLUNTARY ANNOUNCEMENT IN RELATION TO ANNUAL SALES CONTRACT

This is a voluntary announcement made by China Metal Resources Utilization Limited (the ‘‘Company’’).

The Company hereby announces that on 16 June 2015, Mianyang Tongxin Copper Co., Ltd. (綿陽銅鑫銅業有限公司) (‘‘Tongxin’’), a wholly-owned subsidiary of the Company incorporated in China, entered into an annual sales contract (the ‘‘Annual Sales Contract’’) as seller with Sichuan Changhong Electric Co., Ltd. (四川長虹電器股份有限公司) (‘‘Sichuan Changhong’’) as buyer for the supply by Tongxin of, amongst others, copper products, wires and cables (together the ‘‘Products’’). Under the Annual Sales Contract, Tongxin has agreed to supply no less than RMB65,000,000 of Products per month and an aggregate of no less than RMB840,000,000 of Products for one year. Pursuant to the Annual Sales Contract, Sichuan Changhong agreed to pay Tongxin a prepayment of RMB100,000,000 (the ‘‘Prepayment’’).

The Company has also entered into a corporate guarantee (the ‘‘Guarantee’’) in favour of Sichuan Changhong as contemplated in the Annual Sales Contract on 29 June 2015. Further, to secure, amongst others, the repayment of the Prepayment, Epoch Keen Limited (‘‘Epoch Keen’’), the controlling shareholder of the Company, has entered into a share charge in favour of Changhong (HongKong) Trading Limited (長虹（香港）貿易有限公司), a Hong Kong subsidiary of Sichuan Changhong (the ‘‘Share Charge’’). For details of the Share Charge, please refer to the announcement of the Company dated 29 June 2015.

– 1 –

Sichuan Changhong is an independent third party and not a connected person. It is engaged in household appliance manufacturing in China and currently listed on the Shanghai Stock Exchange.

By order of the Board China Metal Resources Utilization Limited Mr. Yu Jianqiu Chairman

Hong Kong, 29 June 2015

As at the date of this announcement, the Board comprises five executive directors, namely, Mr. Yu Jianqiu, Mr. Kwong Wai Sun Wilson, Mr. Liu Hanjiu, Mr. Huang Weiping and Ms. Zhu Yufen; and three independent non-executive directors, namely, Mr. Lee Ting Bun Denny, Mr. Pan Liansheng and Ms. Liu Rong.

– 2 –