Microsoft Word - (clean) Draft 3-ENG_ Rongsheng - Holding Announcement - 15 Sep 2014(7832079_2) (3)

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 RONGSHENG HEAVY INDUSTRIES GROUP HOLDINGS LIMITED

中國熔盛重工集團控股有限公司

(Incorporated in the Cayman Islands with limited liability) (stock code: 01101)

HOLDING ANNOUNCEMENT

This announcement is made by China Rongsheng Heavy Industries Group Holdings Limited (the "Company", and together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Reference is made to (i) the announcement of the Company dated 29 August 2014 regarding the halt of trading in the shares of the Company on the Stock Exchange with effect from 9:00 a.m. on 29 August 2014 pending the release of an announcement in relation to inside information of the Company in respect of the restructuring of the Group; and (ii) the holding announcement of the Company dated 5 September 2014 (the "Holding Announcement").
The Company would like to inform shareholders that negotiations in relation to the potential restructuring (the "Potential Restructuring") involving Jiangsu Rongsheng Heavy Industries
Co., Ltd. ( 江 蘇熔盛重 工有限公 司 ) as procured by a government authority with an
independent third party is still in progress and the process of identifying and selecting the appropriate professional parties to facilitate the possible implementation of the Potential Restructuring has commenced. The Company is actively seeking the relevant parties' consent and/or confirmation to provide further details on the Potential Restructuring for disclosure to shareholders of the Company. Other than the information disclosed in the Holding Announcement and in this announcement, no confirmed details on the Potential Restructuring are available to be disclosed at this stage. The Company will continue to closely monitor the status of the Potential Restructuring and will make further announcement(s) on any material development in a timely manner as and when necessary in accordance with relevant legal or regulatory requirements.
In the meantime, trading in the shares of the Company will remain suspended until further notice in order to assure a fair disclosure and even information dissemination in the market and to avoid significant fluctuation on the share price of the Company.

Investors and the public should be cautious about the investment risks in relation to the securities of the Company.

1

By Order of the Board

China Rongsheng Heavy Industries

Group Holdings Limited LEE Man Yee Company Secretary

Hong Kong, 15 September 2014

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.

2

distributed by