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The board of directors (the “Board”) of Century Sunshine Group Holdings Limited (the “Company”or the “Purchaser”) is pleased to announce that on 4 February 2015, the Company entered into a non-legally binding framework agreement (the “Framework Agreement”) with an independent third party (the “Seller”) in relation to the proposed acquisition of 100% equity interest in operating project companies (the “Subject Companies”) as owned by the Vendor (the “Proposed Acquisition”). The Subject Companies mainly engage in magnesium and its ancillary businesses including power generation and semi-coke.

• [Editor:Phillip.Feng]