Comtec Solar Systems Group Limited — Earnings Release 2015

Aug 28, 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.

卡姆丹克太陽能系統集團有限公司 Comtec Solar Systems Group Limited

(Incorporated in the Cayman Islands with limited liability) (Stock code: 712)

PROFIT WARNING

This announcement is made by Comtec Solar Systems Group Limited (the ‘‘Company’’ and, together with its subsidiaries, the ‘‘Group’’) pursuant to the Inside Information Provisions (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’)) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rule 13.09 of the Listing Rules.

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of the Company wishes to inform the shareholders and potential investors of the Company that, the Company expects to record a decrease in gross profit margin from approximately 8.3% for the six months ended 30 June 2014 to approximately 2.5% for the six months ended 30 June 2015 and accordingly record a net loss of approximately RMB204.0 million for the six months ended 30 June 2015 as compared to a net profit of approximately RMB3.0 million for the corresponding six months ended 30 June 2014.

According to the analysis based on the information currently available, the anticipated net loss was mainly attributable to the impairment losses recognized in respect of advance to suppliers of RMB121.2 million, share-based payment expenses of RMB38.6 million in relation to options granted during the six months ended 30 June 2015 and expenses of RMB32.0 million incurred on the subsidiary of the Group in Malaysia.

Please note that the information contained in this announcement is only based on the preliminary assessment by the Board on the unaudited management accounts of the Group and currently available information, which have not been audited by the Company’s auditors.

– 1 –

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board of Comtec Solar Systems Group Limited John Zhang Chairman

Shanghai, the People’s Republic of China, 28 August 2015

As at the date of this announcement, the executive Directors are Mr. John Zhang, Mr. Chau Kwok Keung and Mr. Shi Cheng Qi, the non-executive Director is Mr. Donald Huang, and the independent non-executive Directors are Mr. Leung Ming Shu, Mr. Kang Sun and Mr. Daniel DeWitt Martin.

– 2 –