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.

CHINA HUARONG ENERGY COMPANY LIMITED

中 國 華 榮 能 源 股 份 有 限 公 司

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 01101)

UNUSUAL PRICE AND TRADING VOLUME MOVEMENTS

This announcement is made at the request of The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of China Huarong Energy Company Limited (formerly known as China Rongsheng Heavy Industries Group Holdings Limited) (the "Company") has noted today's increase in price and trading volume of the shares of the Company. Having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that, save for the matters disclosed in this announcement, it is not aware of any reasons for these price and volume movements or of any information which must be announced to avoid a false market in the Company's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter
571 of the Laws of Hong Kong).
On 12 May 2015, the Company published a press release (the "Press Release") in relation to the project involving four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan (the "Kyrgyzstan Project"). As stated in the Press Release, among other things, with the arrival of working teams and perforating charges and other materials to the oilfields site, the production of the Kyrgyzstan Project has been boosted and further optimized and the daily production of oil of the Kyrgyzstan Project has exceeded 500 barrels on 9 May 2015.
Save as disclosed in the Press Release, the Company has no additional information to bring to the attention of the shareholders or potential investors of the Company and is not aware the Press Release contains inside information.
This announcement is made by the order of the Board. The Board collectively and individually accepts responsibility for the accuracy of this announcement.

By Order of the Board

China Huarong Energy Company Limited LEE Man Yee

Company Secretary

Hong Kong, 13 May 2015

As at the date of this announcement, the directors of the Company are: Executive directors:

Mr. CHEN Qiang (Chairman), Mr. WU Zhen Guo, Mr. HONG Liang, Mr. Sean S J WANG, Mr. WANG Tao, Mr. WEI A Ning and Ms. ZHU Wen Hua;

Independent non-executive directors:

Mr. XIA Da Wei, Mr. HU Wei Ping, Mr. WANG Jin Lian and Ms. ZHOU Zhan.

distributed by