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.

SINOFERT HOLDINGS LIMITED

中化化肥控股有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 297) ANNOUNCEMENT PROFIT WARNING

This announcement is made by Sinofert Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors (the "Board") of the Company wishes to inform the shareholders of the Company and potential investors that based on a preliminary review of the unaudited consolidated management accounts of the Group, it is expected that there will be a notable deterioration in the operating results of the Group for the year ended 31 December 2016 as compared with those for the year ended 31 December 2015, and the Group is expected to record a considerable loss for the year ended 31 December 2016. The expected loss is mainly attributable to (a) the decrease in gross profit margin of fertilizer products due to the depression of the domestic fertilizer industry in 2016, and (b) the impairment provisions made by the Company for its long-term equity investment in accordance with the applicable accounting principles.

The information contained in this announcement is only a preliminary assessment made by the Board based on the consolidated management accounts of the Group and the information currently available to the Board, and such consolidated management accounts have not been audited by the Company's auditors. Shareholders of the Company and potential investors are advised to read carefully the details on the financial information of the Group to be disclosed in the annual results announcement of the Company, which is expected to be published in March 2017.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

For and on behalf of the Board

SINOFERT HOLDINGS LIMITED Qin Hengde

Executive Director and Chief Executive Officer

Hong Kong, 23 January 2017

As at the date of this announcement, the executive directors of the Company are Mr. Qin Hengde (Chief Executive Officer) and Mr. Harry Yang; the non-executive directors of the Company are Mr. Zhang Wei (Chairman), Mr. Yang Lin, Dr. Stephen Francis Dowdle and Ms. Xiang Dandan; and the independent non-executive directors of the Company are Mr. Ko Ming Tung, Edward, Mr. Lu Xin and Mr. Tse Hau Yin, Aloysius.

* For identification purposes only

Sinofert Holdings Limited published this content on 23 January 2017 and is solely responsible for the information contained herein.
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