E-Commodities Holdings Limited — Capital/Financing Update 2016

May 31, 2016

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 it 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)

DESPATCH OF PROSPECTUS DOCUMENTS

The Board is pleased to announce that the Prospectus Documents have been despatched to the Qualifying Shareholders on 31 May 2016. The Company will proceed with the Rights Issue in accordance with the expected timetable as set out in the Prospectus.

Reference is made to the announcement of Winsway Enterprises Holdings Limited (‘‘Company’’) dated 13 March 2016, the circular of the Company dated 25 April 2016 and the prospectus of the Company dated 31 May 2016 (‘‘Prospectus’’) in relation to, among other things, the Rights Issue. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Prospectus.

The Board is pleased to announce that the Prospectus Documents have been despatched to the Qualifying Shareholders on 31 May 2016. The Company will proceed with the Rights Issue in accordance with the expected timetable as set out in the Prospectus.

Shareholders and potential investors of the Company should note that the Rights Issue is conditional upon the Rights Issue having become unconditional and the Underwriter not having terminated or rescinded (as the case may be) the Underwriting Agreement in accordance with the terms thereof, a summary of which is set out in the section headed ‘‘TERMINATION OF THE UNDERWRITING AGREEMENT’’ of the Prospectus. Accordingly, the Rights Issue may or may not proceed. Shareholders and potential investors of the Company should therefore exercise extreme caution when dealing in the Shares and the Rights Shares in nil-paid form, and if they are in any doubt about their positions, they should consult their own professional advisers.

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Dealings in the Rights Shares in their nil-paid form will take place from Thursday, 2 June 2016 to Friday, 10 June 2016 (both dates inclusive). If the conditions of the Rights Issue are not fulfilled or waived (as appropriate) at or before 4:00 p.m. on Wednesday, 22 June 2016 (or such later time as the Company and the Underwriter and the Steering Committee Majority may agree in writing), or if the Underwriter terminates or rescinds the Underwriting Agreement in accordance with the terms thereof prior to the Latest Time for Termination, the Rights Issue will not proceed.

By Order of the Board Winsway Enterprises Holdings Limited Cao Xinyi

Chief Executive Officer and Company Secretary

Hong Kong, 31 May 2016

As at the date of this announcement, the executive Directors are Ms. Cao Xinyi, Ms. Zhu Hongchan, Mr. Wang Yaxu and Mr. Feng Yi, the non-executive Director is 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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