Yantai North Andre Juice : Announcements and Notices - Positive Profit Alert

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POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Inside Information Provisions under Part XIVA of the SFO and Rule 13.09(2)(a) of the Listing Rules.

The Board wishes to inform the Shareholders and potential investors that, based on a review of the Group's unaudited management accounts for the year ended 31 December 2016, the earnings of the Group are expected to increase by approximately 50-70% as compared to the earnings recorded last year. The expected increase is mainly attributable to the increase in sales volume, rise in the gross profit due to the decrease in cost of the fruits and increase in exchange gain from the appreciation of USD.

The information contained in this announcement is only a preliminary assessment made by the management of the Company based on the unaudited management accounts of the Group, and such information has not been audited or reviewed by the Company's independent auditors.

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

This announcement is made by Yantai North Andre Juice Co., Ltd.* (the "Company", together with its subsidiaries as the "Group") pursuant to Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the "SFO") and Rule 13.09(2)(a) of the Listing Rules.

The board (the ''Board'') of directors (the ''Directors'') of the Company wishes to inform the shareholders of the Company (the ''Shareholders'') and potential investors that, based on a review of the Group's unaudited management accounts for the year ended 31 December 2016, the earnings of the Group are expected to increase by approximately 50-70% as compared to the earnings recorded last year. The expected increase is mainly attributable to the increase in sales volume, rise in the gross profit due to the decrease in cost of the fruits and increase in exchange gain from the appreciation of USD.

The information contained in this announcement is only a preliminary assessment made by the management of the Company based on the unaudited management accounts of the Group, and such information has not been audited or reviewed by the Company's independent auditors.

Details of the Group's performance will be disclosed in the annual results of the Group which will be announced before the end of March 2017 in compliance with the Listing Rules.

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

Yantai, the PRC, 23 January 2017

By order of the Board

Yantai North Andre Juice Co., Ltd.*

Wang An

Chairman

As at the date hereof, the Board comprises: Mr. Wang An (Executive Director)

Mr. Zhang Hui (Executive Director)

Mr. Wang Yan Hui (Executive Director)

Mr. Liu Tsung-Yi (Non-executive Director)

Mr. Li Wei (Independent non-executive Director)

Mr. Jiang Hong Qi (Independent non-executive Director)

Mr. Li Tong Ning (Independent non-executive Director)

* For identification purpose only