E-Commodities Holdings Limited — Earnings Release 2016

Aug 16, 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)

PROFIT WARNING

The Board wishes to inform the Company’s shareholders and potential investors that after a preliminary review of the Group’s unaudited consolidated management accounts for the six months ended 30 June 2016 and information currently available, the Group is expected to record a consolidated profit for the six months ended 30 June 2016 as compared to the loss recorded over the same period in 2015.

The information contained in this announcement is based on a preliminary assessment by the Board solely on the basis of the unaudited consolidated management accounts of the Group and the current information available, which have not yet been reviewed nor audited by the independent external auditors of the Company.

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

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

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The board of directors (the ‘‘Board’’) of the Company wishes to inform shareholders and potential investors of the Company that after a preliminary review of the Group’s unaudited consolidated management accounts for the six months ended 30 June 2016 and information currently available, the Group is expected to record a consolidated profit for the six months ended 30 June 2016 as compared to the loss recorded over the same period in 2015. Such profit is primarily attributable to:

1. the successful completion of the rights issue and the restructuring of the senior notes due 2016 issued by the Company on 8 April 2011 as described in the Company’s announcements dated 27 and 28 June 2016 and 23 June 2016, which have resulted in an extraordinary gain;

2. there were no impairment in the six months ended 30 June 2016 similar to those recognized in the corresponding period in 2015 where were a significant contributor to the loss recorded in that period; and

3. an improvement in the Company’s operational performance through (i) higher revenue, buoyed in part by an improving industry sector, continuing efforts to boost the Company’s business, including through the development of the Company’s new business model; (ii) more stringent risk management in the commodities logistical and trading business sector; as well as (iii) continuous cost-saving efforts.

The Company is still in the process of finalising the interim results of the Group for the six months ended 30 June 2016. The information contained in this announcement is based on a preliminary assessment by the Board solely on the basis of the unaudited consolidated management accounts of the Group and the current information available, which have not yet been reviewed nor audited by the independent external auditors of the Company. Further details of the Group’s performance will be disclosed in the interim results for the six months ended 30 June 2016 to be published by the Company.

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 Winsway Enterprises Holdings Limited Cao Xinyi Chairman

Hong Kong, 16 August 2016

As at the date of this announcement, the executive Directors of the Company are Ms. Cao Xinyi, Mr. Wang Wengang, Ms. Zhu Hongchan and Mr. Wang Yaxu, the non-executive Director is Mr. Guo Lisheng and the independent non-executive Directors are Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. Gao Zhikai.

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