E-Commodities Holdings Limited — Capital/Financing Update 2015

Jul 1, 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)

MAJOR TRANSACTION — DISPOSAL OF 42.74% INTEREST IN GRANDE CACHE COAL CORPORATION AND GRANDE CACHE COAL LP

Reference is made to the announcements of Winsway Enterprises Holdings Limited (the “ Company ”) dated 19 November 2014, 8 December 2014, 13 May 2015 and 30 June 2015, and the circular of the Company dated 30 June 2015, in relation to, among other things, the major transaction in connection with the disposal of 42.74% interest in Grande Cache Coal Corporation and Grande Cache Coal LP (the “ Announcements ”). Capitalised terms used in this announcement shall bear the same meanings as those defined in the Announcements unless the context requires otherwise.

FINANCIAL EFFECT OF THE DISPOSAL ON THE GROUP

The effects of the Disposal on the assets and liabilities and earnings of the Group assuming completion of the Disposal will be recorded in the Company’s accounts in the year in which Completion takes place (subject to the Shareholders’ approval) which is expected to be in 2015. The total assets of the Group would decrease from HK$10,286,821,000 to HK$6,092,220,000 and the Group’s total liabilities would decrease from HK$9,904,233,000 to HK$5,806,296,000 as a result of the Disposal. The loss from continuing operations of the Group would increase from HK$1,215,550,000 to HK$1,215,974,000. The increased loss of HK$424,000 represents the loss from the Disposal, calculated based on (i) the sum of the net assets and the carrying amount of the non-controlling interest in GCC, less (ii) the total of the amounts previously recognised in other comprehensive income to be reclassified in profit or loss in connection with the Disposal and the estimated fair value of the Group’s interest in GCC after the Disposal. The full amount of

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HK$424,000 will be recorded for the Disposal in the financial year ending 31 Decmeber 2015. For the financial year ended 31 December 2014, the loss from the discontinued operations, i.e. GCC, was HK$4,681 million. Accordingly, it is expected that the Disposal will not have any material adverse impact on the earnings of the Company for the financial year ending 31 December 2015.

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

Hong Kong, 30 June 2015

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

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