Posting of Circular and Notice of EGM

30 January 2015

Gowin New Energy Group Limited

("Gowin" or the "Company")

Posting of Circular and Notice of EGM

Further to the announcement of 28 January of a conditional fundraising, a notice of extraordinary general meeting ("EGM") has today been sent to shareholders to be held at the offices of the Company at Xiakeng Village, Tangijiano Mangement Zone, Chashan Town, Dongguang, Guangdong, China on 16 February 2015 at 5.00pm (Beijing time) / 9.00am (London time). The notice of EGM is also available on the Company's website, www.gowinyichia.com.

The Directors have convened the EGM to seek shareholders' approval of resolutions ("Resolutions") to grant the Directors authority to allot and issue the 60,000,000 new ordinary shares ("New Shares") to be issued to Choice Only International Ent. Co., Ltd. ("Choice") and Mr Chen Chih-Lung, the CEO of Choice, together with additional authority to allot and issue up to a further 134,500,000 ordinary shares, in respect of which the pre-emption rights in favour of existing shareholders will be dis-applied. This additional authority may be used by the Directors to take advantage of opportunities to issue up to that number of ordinary shares for cash, including pursuant to the grant of subscription and conversion rights, and as consideration for the acquisition of non-cash assets.

If the Resolutions are passed at the EGM, application will be made for the New Shares to be admitted to trading on AIM as soon as practicable thereafter.

For further information please visit www.gowinyichia.com or contact the following: