E-Commodities Holdings Limited — Capital/Financing Update 2015

Aug 3, 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.

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WINSWAY ENTERPRISES HOLDINGS LIMITED 永 暉 實 業 控 股股 份 有 限 公 司

(formerly known as ‘‘WINSWAY COKING COAL HOLDINGS LIMITED 永暉焦煤股份有限公司’’) (Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1733)

ANNOUNCEMENT

RECENT DEVELOPMENT

This announcement is made by Winsway Enterprises Holdings Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the ‘‘Board’’) would like to provide an update on certain recent developments in relation to the Group.

EXTENSION OF STANDSTILL AGREEMENT

Reference is made to the announcements of the Company dated 8 May 2015, 31 May 2015, 16 June 2015, 22 June 2015 and 21 July 2015 respectively (the ‘‘Announcements’’) in which, among other things, the Company announced that the Standstill Agreement (as defined in the Announcements) has been entered into in relation to a significant percentage of the outstanding principal amount of the Senior Notes. The Board announces that the Standstill Agreement has been extended to 14 August 2015 by mutual agreement of all parties to the Standstill Agreement pending ongoing discussions with the Bondholders and other relevant parties.

The Company will make a further announcement regarding its discussions with Bondholders and other relevant parties, including any potential equity investors when appropriate.

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There is no assurance that the discussions with the Bondholder Group will lead to a proposal acceptable to the Bondholder Group or the Bondholders more generally or whether discussions with any potential investors can be progressed to any positive conclusion. Accordingly, there is no assurance that the Debt Restructuring will be successfully concluded. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company, and if in any doubt, they should consult their professional advisers.

By Order of the Board Winsway Enterprises Holdings Limited Cao Xinyi Company Secretary

Hong Kong, 3 August 2015

As at the date of this announcement, the executive directors of the Company are Mr. Wang Xingchun, Ms. Zhu Hongchan, Ms. Ma Li, Mr. Wang Changqing and Mr. Andreas Werner, the non-executive directors of the Company are Mr. Liu Qingchun and Mr. Lu Chuan and the independent non-executive directors of the Company are Mr. James Downing, Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. George Jay Hambro.

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