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.



(incorporated in Bermuda with limited liability)

(Stock Code: 988) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS AND RESUMPTION OF TRADING UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS

This announcement is made by Loudong General Nice Resources (China) Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Listing Rules") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").
The board (the "Board") of directors (the "Directors") of the Company has noted the increases in both the price and trading volume of the shares of the Company (the "Shares") as quoted on the Stock Exchange recently. Having made all such enquiries with respect to the Company as is reasonable in the circumstances, the Board confirms that save as the following: (i) the possible acquisitions of equity interests in a few companies (the "Target Companies") by the Group; (ii) the possible fund raising exercise of the Company; and (iii) the increase in shareholding interests of the Company by Xinya Global Limited, which pursuant to the disclosure of interests forms received by the Company, the Company is given the understanding that Xinya Global Limited is deemed to be
interested by 渤海鋼鐵集團有限公司 (Bohai Steel Group Company Limited*) and 天津物產集團有

限公司 (Tewoo Group Co. Ltd.*) under the SFO, from approximately 3.67% to approximately 7.04%

of the issued share capital of the Company on 16 April 2015, it is not aware of any reasons for such
price and trading 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 SFO.

* For identification purpose only

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The Group is currently in the course of preliminary negotiations with independent third parties and General Nice Development Limited, a connected person of the Company, relating to the possible acquisitions of equity interests of the Target Companies. The Target Companies are established in the People's Republic of China (the "PRC") and are principally engaged in logistics, warehouse and/or trading in the PRC.
The Group is also currently in the course of preliminary negotiations with independent third parties, on the possible fund raising exercise of the Company. The parties have yet to agree on the structure of the fund raising exercise and the amount of funds to be raised.
As at the date of this announcement, the Group has not entered into any definitive and/or legally binding agreements or contracts in respect of such possible acquisitions and the possible fund raising exercise and such possible acquisitions and possible fund raising exercise may or may not proceed. Based on the current assessment of the Company, such possible acquisitions, if materialised, may constitute notifiable transactions and/or connected transaction on the part of the Company under Chapters 14 and 14A of the Listing Rules. The Company will make further announcement(s) as and when appropriate in compliance with the Listing Rules in the event such possible acquisitions and/or possible fund raising exercise materialise(s).

Shareholders of the Company and public investors are advised to exercise caution in dealing with the securities of the Company. RESUMPTION OF TRADING

Trading in the Shares on the Stock Exchange has been halted at the request of the Company with effect from 1:00 p.m. on 27 April 2015 pending the release of this announcement. An application has been made by the Company to the Stock Exchange for the resumption of trading in the Shares with effect from 9:00 a.m. on 28 April 2015.
This announcement is made by the order of the Company. The Board collectively and individually accepts responsibility for the accuracy of this announcement.
By order of the Board

Loudong General Nice Resources (China) Holdings Limited Lau Yu

Executive Director

Hong Kong, 27 April 2015

As at the date of this announcement, the Board comprises five executive Directors, namely Mr. Cai Sui Xin, Mr. Zhao Cheng Shu, Mr. Lau Yu, Mr. Ng Tze For and Ms. Li Xiao Juan; and three independent non-executive Directors, namely Ms. Choy So Yuk, Mr. Gao Wen Ping and Mr. Leung Yuen Wing.

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