E-Commodities Holdings Limited — Capital/Financing Update 2015

Mar 26, 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)

REQUEST FOR SECURITY HOLDINGS INFORMATION

This announcement is made by Winsway Enterprises Holdings Limited (the “ Company ”) 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).

Reference is made to the announcement of the Company dated 26 March 2015 in relation to the Company’s 2014 annual results which also makes reference to the Company’s proposed debt restructuring and possible equity investment.

The Company is seeking to complete a restructuring of the 2016 8.5% senior notes issued by the Company (“ Senior Notes ”) of which notes in the aggregate principal amount of US$309,310,000 are outstanding as of the date of this announcement (“ Debt Restructuring ”). The Company is also in discussions with potential equity investors in connection with a potential equity investment into the Company by the issuance of new shares of the Company (“ Equity Financing ”). It is expected that such Equity Financing and the Debt Restructuring would be interconditional.

The Company has appointed UBS AG, Hong Kong Branch and AlixPartners Services UK LLP as its financial advisors in relation to the Debt Restructuring. UBS AG, Hong Kong Branch is also appointed to communicate with the holders of the Senior Notes, and to advise on the Equity Financing.

The Company is committed to full and open communication with its creditors and is seeking the highest level of response from the holders of the Senior Notes to facilitate open communication and obtain their input during the process of the Debt Restructuring. The Company has therefore engaged Bondholder Communications Group LLC (the “ Communications Agent ”) to compile a list of holders of the Senior Notes to assist in this process and to improve investor communication channels.

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The Company is requesting all holders of the Senior Notes (the “ Holders ”) to transmit their identities and holdings of those securities to the Communications Agent.

ISIN	Series	**Coupon % **	Maturity	Currency	Principal AmountOutstanding
USG97214AA16	RegS	8.50	April 8, 2016	USD	309,310,000
US975731AA80	144A

Holders are invited to respond to this request via the following method:

• (1) Holdings Directly Held via DTC Only

Investors which are beneficial owners and hold their notes via DTC should instruct the DTC participant holding such notes to transmit information regarding the identity of each such beneficial owner. Such information should be transmitted to the website www.bondcom.com/ Winsway.

Investors may not register their holdings directly. All such data shall be transmitted through a direct participant of DTC.

Participants of DTC which hold RegS positions for Euroclear or Clearstream shall not transmit any data with respect to such RegS holdings. Participants of Euroclear or Clearstream shall follow a different procedure for RegS holdings.

Entities which are participants of DTC should immediately transmit a copy of this request to the beneficial owners. It is important that this request be received by all beneficial owners.

• (2) Holdings via Euroclear or Clearstream Only

Investors which are beneficial owners and hold their notes via Euroclear or Clearstream should instruct the clearing system participant holding such notes to transmit (via SWIFT 565 or other electronic means) the information regarding each such beneficial owner. This shall also include the name of each such beneficial owner, and email and telephone contact details for each such beneficial owner.

The information shall be transmitted via the clearing system participant.

Investors may not register their holdings directly. All such data must be transmitted through a direct participant of Euroclear or Clearstream.

Entities which are direct or indirect participants of Euroclear or Clearstream should transmit a copy of this request to the beneficial owners. It is important that this request be received by all beneficial owners.

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CONFIDENTIAL TREATMENT OF DATA

The Company undertakes that all information received will be treated in the strictest confidence and will be used solely by the Company and it advisers for the purposes of the Debt Restructuring.

The Company and the Communications Agent appreciate your assistance with this request.

In case of any questions, please contact the Communications Agent or Financial Advisor at:

Communications Agent

Wendy Cole Bondholder Communications Group London, New York and Virgin Islands Tel: +1 888-385-2663 Email: WCole@BondCom.com

Financial Advisor

UBS AG, Hong Kong Branch

52/F Two International Finance Centre 8 Finance Street, Central, Hong Kong Attention: Global Capital Markets Tel: +852 2971 6159 Email: OL-LM-Asia@ubs.com

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

Hong Kong, 26 March 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. Daniel J. Miller, 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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