The board of directors of Kong Sun Holdings Ltd. informed the shareholders and potential investors of the company that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the six-month period ended 30 June 2015, the Group is expected to record a net profit attributable to the equity holders of the company (which is derived by excluding the non-cash and non-operating item on expenses related to share-based payment) for the six-month period ended 30 June 2015 as compared to a net loss of HKD 2,335,000 recorded for the corresponding period in 2014. The final figure regarding the non-cash and non-operating item on expenses related to share-based payment is still subject to review by the company's auditors and has yet to be finalized as at the date of this announcement. The actual overall effect, when including such non-cash and non-operating item on expenses related to share-based payment, on the actual results of the Group for the six-month period ended 30 June 2015 may be different from what is disclosed herein, and it may result in a net profit or a net loss attributable to the equity holders of the company.

The expected net profit for the six-month period ended 30 June 2015 was mainly attributable to, among other things, (i) increase in revenue from the sales of electricity generated from the Groups investments in photovoltaic power stations; (ii) increase in profit generated from trading of equipment relating to photovoltaic power stations; and (iii) the gain on disposal of a property of the Group, amounting to approximately HKD 22,540,000 for the six-month period ended 30 June 2015.