Update and Resignation of Nominated Adviser

26 January 2015

Gowin New Energy Group Limited

("Gowin" or the "Company")

Update and Resignation of Nominated Adviser

Update

Further to the announcement of 21 January 2015, the Board of the Company announces that it is in discussions regarding funding which are expected to be concluded and announced imminently.

The Company's working capital position remains severely constrained.

Resignation of Nominated Adviser

The Board of the Company announces that Cairn Financial Advisers LLP has resigned as the Company's nominated adviser effective from the close of business on 26 February 2015.

In accordance with the AIM Rules, the Company's shares will be suspended at 7.30 am on 27 February 2015 pursuant to AIM Rule 1 if a replacement nominated adviser has not been appointed by that time.

If a replacement nominated adviser has not been appointed within one month of that suspension, the admission of the Company's securities to AIM will be cancelled.

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