Good Friend : SALES ANNOUNCEMENT

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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 four months ended 30 April 2016.

Sales of the respective business for the four months ended 30 April 2016

1. CNC machine tools business

   For the four months ended 30 April 2016, the Group sold to customers 515 units in respect of its CNC machine tools business (sales volume for the four months ended 30 April 2015: 581 units), amounting to approximately RMB266.028 million (for the four months ended

   30 April 2015: approximately RMB249.366 million), representing an increase of approximately 7% when compared to the same period in 2015.

2. Parking Garage Structures business

   For the four months ended 30 April 2016, the Group sold to customers 3,887 units in respect of its parking garage structures business (sales volume for the four months ended 30 April 2015: 3,848 units), amounting to approximately RMB51.877 million (for the four months ended 30 April 2015: approximately RMB60.677 million), representing a decrease of approximately 15% when compared to the same period in 2015.

3. Forklift trucks business

For the four months ended 30 April 2016, the Group sold to customers 486 units in respect of its forklift trucks business (sales volume for the four months ended 30 April 2015: 503 units), amounting to approximately RMB27.380 million (for the four months ended 30 April 2015: approximately RMB31.006 million), representing a decrease of approximately 12% when compared to the same period in 2015.

Accordingly, total sales to customers for the four months ended 30 April 2016 amounted to approximately RMB345.285 million, representing an increase of approximately 1% when compared to the amount of approximately RMB341.049 million for the same period in 2015.

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 May 2016

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.