FOR IMMEDIATE RELEASE 7 July 2017

KINETIC MINES AND ENERGY LIMITED

力量礦業能源有限公司

（Incorporated in the Cayman Islands with limited liability）

（Stock Code:1277）

Kinetic Mines and Energy Limited announced positive profit alert

【7 July 2017, Hong Kong】Kinetic Mines and Energy Limited("Kinetic Mines" or the "Company"；Stock Code:1277.HK）announced positive profit alert. The Company is expected to record a consolidated net profit before taxation of exceeding RMB100 million for the six months ended 30 June 2017, which is mainly due to, among others, significant increase in sales volume as well as growth in gross profit margins due to the increase in the average selling price of the Group's coal products during the first half of 2017 compared with the corresponding period in 2016.

According to the statistics published by Qinhuangdao Coal Net (秦皇島煤炭網), the average price of 5,000 kCal thermal coal at the Bohai Rim remained steadily and ranged from approximately RMB 500 to 550 per tonne (inclusive of value-added tax) during the first half of 2017.

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About Kinetic Mines and Energy Limited

Kinetic Mines and Energy Limited ("Kinetic Mines" or the "Group", HKEx Stock Code: 1277) is an integrated coal producer and operator. Its activities cover the whole coal industry chain from coal production and washing, through coal loading and transportation, all the way to coal trading. The Group's vision is to become a leading integrated coal provider in China. Kinetic Mines focuses on developing the Dafanpu Coal Mine, and seeks to operate highly efficient and safe coal mines. The Dafanpu Coal Mine is an underground mine, occupying a concession area of approximately 9.6 km2 located in Zhunge'er Banner, Erdos City, Inner Mongolia, China. The Group obtained the required permits and approvals for the operation of Xiaojia Loading Station and its associated rail spur line in June 2013, of which the Group holds a 45% interest. The Xiaojia Station has an average handling capacity of approximately 5,000 tonnes per hour.

This press release is issued by Wonderful Sky Financial Group on behalf of Kinetic Mines and Energy Limited

For further information, please contact:

Wonderful Sky Financial Group

Ms. Wendy Chan / Ms. Rose Guo / Mr. Terry Zhu

Tel: (852) 3970 2200 / (852) 3641 1312 / (852) 3970 2282

Fax: (852) 2865 1638

Email: po@wsfg.hk / kinetic@wsfg.hk

Kinetic Mines and Energy Limited published this content on 07 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 July 2017 07:37:21 UTC.

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