E-Commodities Holdings Limited — Earnings Release 2021

Aug 12, 2021

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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E-COMMODITIES HOLDINGS LIMITED

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1733)

POSITIVE PROFIT ALERT

This announcement is made by E-Commodities 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 (the “ 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).

The board of directors of the Company (the “ Board ”) wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that after a preliminary assessment of the Group’s unaudited consolidated management accounts for the six months ended 30 June 2021 and the latest information currently available to the Board, the Group is expected to record a profit of not less than HK$600 million for the six months ended 30 June 2021, representing a significant improvement as compared to the profit of approximately HK$247.76 million for the same period of 2020.

The above expected increase in profit were mainly due to strong coal demand in the coal market and rise in coal price, resulting in an increased profit per ton.

The Company is still in the process of finalising the unaudited consolidated financial results of the Group for the six months ended 30 June 2021. The information contained in this announcement is based on a preliminary assessment by the Board of the unaudited consolidated management accounts of the Group and the current information available, which is subject to finalisation and other potential adjustment, if any, and has neither been reviewed or audited by the Company’s independent auditor, nor reviewed by the audit committee of the Company. Shareholders and potential investors are therefore advised to read carefully the interim results announcement of the Company for the six months ended 30 June 2021, which is expected to be published on or around 30 August 2021.

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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 E-Commodities Holdings Limited Cao Xinyi Chairman

Hong Kong, 12 August 2021

As at the date of this announcement, the executive directors of the Company are Ms. Cao Xinyi, Mr. Wang Yaxu, Ms. Di Jingmin and Mr. Zhao Wei; the non-executive director of the Company is Mr. Guo Lisheng; and the independent non-executive directors of the Company are Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. Gao Zhikai.

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