Gowin New Energy Group Limited

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23 December 2013

Gowin New Energy Group Limited

("GNE" or the "Company")

New Contract

The Company is pleased to announce that it has signed a new contract with Guizhou Guang Huan X?n Lighting Technology Development Co., Ltd, part of the Guizhou provincial government, for the provision of 90W and 180W LED street lights. The total contract value is fixed at RMB51,300,000 (approximately £5 million) and  is expected to be delivered over 12 months through to December 2014.

Chairman Garry Willinge commented: "The Company is delighted with this new contract which increases visibility on 2014 revenues. We see the awarding of this contract by Guizhou Bijie City as another example of Chinese government LED lighting projects choosing the Company's LED solutions on the basis of its reputation, quality and attractive cost of ownership characteristics."

For further information please visitwww.gowinyichia.comor contact the following:




Garry Willinge

Gowin New Energy Group Limited

+852 9100 9972

James Caithie / Avi Robinson

Cairn Financial Advisers LLP

+44 20 7148 7900

David Scott / Fiona Kinghorn

Alexander David Securities Limited

+44 20 7448 9800


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