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Novautek Technologies Group Limited Capital/Financing Update 2017

Nov 13, 2017

49267_rns_2017-11-13_53e13be9-22d8-43ec-a45a-30556d5ea896.pdf

Capital/Financing Update

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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.

KONG SUN HOLDINGS LIMITED 江山控股有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 295)

SUMMARY OF ELECTRICITY GENERATION VOLUME OF SOLAR POWER PLANTS FOR JANUARY TO OCTOBER OF 2017

This announcement is made by Kong Sun Holdings Limited (the “ Company ”, collectively with its subsidiaries, the “ Group ”) to keep the shareholders and potential investors of the Company informed of the latest business development of the Group. The board of directors of the Company (the “ Board ”) announces that, according to the Company’s preliminary operating statistics currently available, the solar power plants owned by the Group have generated electricity in an aggregate volume of approximately 1,286,542 megawatt-hour (“ MWh ”) for January to October of 2017, as compared with the aggregate volume of electricity generated for January to October of 2016 in an aggregate volume of approximately 702,903 MWh. The total installed capacity of the Group has reached 1,660.3 megawatts as at 31 October 2017.

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Set forth below further breakdown of the electricity generated by the solar power plants owned by the Group (by geographical locations).

Province
Xinjiang
Gansu
Shaanxi
Inner Mongolia
Shanxi
Hebei
Henan
Shandong
Anhui
Jiangsu
Zhejiang
Jiangxi
Hubei
Total
Number of
Solar
Power Plants
as at
31 October
2017
11
6
7
2
1
4
1
2
5
1
2
2
1
45
Approximate
Aggregate
Volume of
Electricity
Generated for
January to
October
of 2017
(MWh)
225,802
102,066
391,481
57,359
19,302
84,307
21,916
37,771
116,868
14,949
120,814
68,188
25,719
1,286,542
Approximate
Aggregate
Volume of
Electricity
Generated for
January to
October
of 2016
(MWh)
153,303
83,885
169,938
55,727

50,799
4,312
16,573
43,298

75,552
49,516

702,903
Approximate
Aggregate
Volume of
Electricity
Generated for
the Year of
2016
(MWh)
180,871
96,553
205,223
64,085

57,399
7,220
19,179
54,507

92,202
58,314
3,384
838,937

Note: The figures provided herein are subject to rounding adjustments and will be subject to other possible adjustments due to accounting procedures.

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Shareholders and/or potential investors of the Company are hereby reminded that the information provided above merely represents the preliminary operating performance of the solar power plants beneficially owned by the Group as of 31 October 2017 based on data currently available to the management, and is by no mean a representation or a basis of reference or indication of the revenue or profit to be generated or derived by the Group or any financial performance of the Group as at 31 October 2017 or for the twelve months ended 31 December 2016. Accordingly, shareholders and/or potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board Kong Sun Holdings Limited Mr. Zeng Jianhua Executive Director

Hong Kong, 13 November 2017

As of the date of this announcement, the Board comprises four executive Directors, Mr. Zeng Jianhua, Mr. Jin Yanbing, Mr. Deng Chengli and Mr. Hou Yue, one non-executive Director, Mr. Yuen Kin, and three independent non-executive Directors, Mr. Miu Hon Kit, Mr. Chen Kin Shing and Ms. Wang Fang.

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