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GOOD FRIEND INTERNATIONAL HOLDINGS INC.

友佳國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2398) SALES ANNOUNCEMENT

The board of directors of Good Friend International Holdings Inc. (the 'Company', together with its subsidiaries, the 'Group') shares with the investors and shareholders of the Company the sales of the respective business of the Group for the ten months ended 31 October 2015.


Sales of the respective business for the ten months ended 31 October 2015


  1. CNC machine tools business

    For the ten months ended 31 October 2015, the Group sold to customers 1,326 units in respect of its CNC machine tools business (sales volume for the ten months ended 31 October 2014: 1,756 units), amounting to approximately RMB556.992 million (for the ten months ended 31 October 2014: approximately RMB815.705 million), representing a decrease of approximately 32% when compared to the same period in 2014.


  2. Parking Garage Structures business

    For the ten months ended 31 October 2015, the Group sold to customers 12,115 units in respect of its parking garage structures business (sales volume for the ten months ended 31 October 2014: 9,478 units), amounting to approximately RMB183.241 million (for the ten months ended 31 October 2014: approximately RMB145.868 million), representing an increase of approximately 26% when compared to the same period in 2014.


  3. Forklift trucks business

For the ten months ended 31 October 2015, the Group sold to customers 1,275 units in respect of its forklift trucks business (sales volume for the ten months ended 31 October 2014: 1,722 units), amounting to approximately RMB78.072 million (for the ten months ended 31 October 2014: approximately RMB111.192 million), representing a decrease of approximately 30% when compared to the same period in 2014.

Accordingly, total sales to customers for the ten months ended 31 October 2015 amounted to approximately RMB818.305 million, representing a decrease of approximately 24% when compared to the amount of approximately RMB1,072.765 million for the same period in 2014.


The above information is extracted from the summary internal information of the Group, which has not been reviewed by the auditors of the Company. All information shall be subject to the audited and interim financial information of the Group. Investors and shareholders of the Company are advised not to rely on such information, and the directors of the Company shall not be responsible for any reliance placed thereon. Investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.


By Order of the Board

Good Friend International Holdings Inc.

Chu Chih-Yaung

Chairman


Hong Kong, 10 November 2015


As at the date of this announcement, the Board of the Company comprises (i) five executive directors, namely Mr. Chu Chih-Yaung, Mr. Chen Hsiang-Jung, Mr. Chen Min-Ho, Mr. Wen Chi-Tang and Mr. Chiu Rung-Hsien; and (ii) three independent non-executive directors, namely Mr. Koo Fook Sun, Louis, Mr. Chiang Chun-Te and Mr. Yu Yu-Tang.

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