IMMEDIATE RELEASE

Jun Yang Solar Announces Positive Profit Alert
The Net Profit for 2014 Is Estimated to Be Not Less Than HK$250 Million

(Hong Kong, 16 January 2015) - Jun Yang Solar Power Investments Limited ("Jun Yang Solar" or the "Group", SEHK: 397) is delighted to announce that, the Group is expected to record a profit for the year ended 31 December 2014 ("FY2014") as compared to a loss for the corresponding period in 2013. The profit after tax for FY2014 is estimated to be not less than HK$250 million.

Such turnaround is mainly attributable to the gain arising on change in fair value of held-for-trading investments of approximately HK$344 million, which is partly off-set by the loss as a result of deemed disposal of interest in an associate of approximately HK$31 million.

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About Jun Yang Solar Power Investments Limited (SEHK: 397)
Jun Yang Solar Power Investments Limited is mainly involved in the business of solar PV power generation, aiming to become a leading solar independent power producer (IPP) in the PRC and in the world.

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