JATCORP LIMITED — Capital/Financing Update 2019

Oct 27, 2019

JAT is a specialist in Australia-China trade, focused on growth within the Australian consumer goods export industry.

ASX RELEASE 28 October 2019

ANMA Factory New Production Lines and Packaging Options

JAT’s manufacturing subsidiary, ANMA, has placed a number of orders for new machinery which will result in the ANMA facility meeting the highest of standards of milk powder and multi-line packing in Australia. Once the new machinery is installed and operating, ANMA will have the capacity to deliver milk powder into a number of different sized containers and to produce individually packed sachets products (for products such as lactoferrin) into three different pack sizes.

The new machinery is required for two separate projects within the factory.

1. Upgrade the current milk powder production lines.

Additional milk canning lines will be installed so that milk powder can be canned into containers having a capacity from 300g up to 900g. As products which include lactoferrin are normally sold in smaller containers, it is essential that ANMA has the capacity to produce cans as small as 300g. The installation of additional canning lines means that multi-head fast speed sealing machines will also be acquired and installed.

2. New multi-line sachet packing machines

A new multi-line sachet packing machine will be installed to meet the growing trend for products to be packaged into sachets.

There is a demand for milk powder to be packed into individual sachet bags for various uses. Many consumers require sachets containing from 10g to 40g of milk powder to conveniently carry for use during the day, for instance at work or while travelling. JAT’s Neurio lactoferrin product requires 1g sachets for child products and 10g sachets for adults. The new packing machine will allow ANMA to produce three different sizes of sachets to meet the growing and changing consumer demand.

It is expected that all machines will be installed and operating in the factory by February 2020. At that time, it is expected that the factory will operate two shifts per day to meet expected production requirements.

For more information, please contact:

Wilton Yao Managing Director investors@jatenergy.com

Jatenergy Limited | ABN 31 122 826 242 Office B, Suite C303, 521 Toorak Road, Toorak VIC 3142 admin@jatenergy.com | jatenergy.com

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About Jatenergy Limited

Jatenergy Ltd (ASX: JAT) is a China-Australia trade specialist. The Company develops and markets a portfolio of in-house branded FMCGs, focusing on growth opportunities in dairy products.

JAT has positioned itself as a major player in the flourishing Australian consumer goods export industry, offering Chinese retail presence, online sales to Chinese consumers through offshore platforms, and high-volume wholesaling to daigou groups and other distribution channels.

JAT’s extensive network of Chinese business affiliations is a substantial source of opportunities, both for the company and for its Australian business partners.

Jatenergy Limited | ABN 31 122 826 242 Office B, Suite C303, 521 Toorak Road, Toorak VIC 3142 admin@jatenergy.com | jatenergy.com