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.

GCL-POLY ENERGY HOLDINGS LIMITED

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(incorporated in the Cayman Islands with limited liability)

(Stock Code: 3800)

POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing

Rules.

The Board wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a substantial increase in the profit attributable to the owners of the Company for the six months ended 30 June 2011 as compared to that for the corresponding period in 2010. This positive profit alert announcement is based only on the preliminary review of the management accounts of the Group, which has not been reviewed or audited by the Company?s auditors.

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

This announcement is made by GCL-Poly Energy Holdings Limited (the ?Company?, together with its subsidiaries as the ?Group?) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ?Listing Rules?).

The board of the Directors of the Company (the ?Board?) wishes to inform the shareholders of the Company and potential investors that the Group is expected to record an increase of approximately 300% in the profit attributable to the owners of the Company for the six months ended 30 June 2011 as compared to that for the corresponding period last year. Profit attributable to the owners of the Company for the six months ended 30 June 2010 was approximately HK$787,635,000.

The expected increase in profit was driven by the growth in the sales revenue of the Group, which is mainly attributable to the substantial increase in the production volume of polysilicon and wafer as well as the sales of wafer.

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The information contained in this announcement is based only on the preliminary review of the management accounts of the Group, which has not been reviewed or audited by the Company?s auditors. The Group expects to announce its unaudited interim results for the six months ended 30 June 2011 in late August 2011.

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

By order of the Board

GCL-Poly Energy Holdings Limited

Zhu Gong Shan

Chairman

Hong Kong, 25 July 2011

As at the date of this announcement, the Board comprises Mr. Zhu Gong Shan (Chairman), Mr. Sha Hong Qiu, Mr. Ji Jun, Mr. Shu Hua, Mr. Yu Bao Dong, Ms. Sun Wei, Mr. Tong Yee Ming and Mr. Zhu Yu Feng as executive Directors; Mr. Chau Kwok Man, Cliff and Ms. Bai Xiao Qing as non-executive Directors; Mr. Qian Zhi Xin, Ir. Dr. Raymond Ho Chung Tai, Mr. Xue Zhong Su and Mr. Yip Tai Him as independent non-executive Directors.

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