E144064A_Yue Yuen 1..2

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.

YUE YUEN INDUSTRIAL (HOLDINGS) LIMITED

裕 元 工 業（ 集 團 ）有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00551)

MONTHLY REVENUE ANNOUNCEMENT FOR NOVEMBER 2014

For the purposes of the International Accounting Standards, the Company is regarded as a subsidiary of PCC, a company listed on the TSEC, which is now indirectly holding a controlling interest in the Company through its subsidiaries. PCC publishes monthly revenue announcement as required by the Taiwan Stock Exchange Regulations.
As PCC today announces certain of its consolidated financial information, the Company makes this announcement in order to ensure that timely information are disseminated to investors in compliance with paragraph 13.09(2) of the Listing Rules and Part XIVA of the SFO.
For the purposes of the International Accounting Standards, Yue Yuen Industrial (Holdings) Limited (the ''Company'') is regarded as a subsidiary of Pou Chen Corporation (''PCC''), a company listed on the Taiwan Stock Exchange Corporation (''TSEC''), which is now indirectly holding a controlling interest in the Company through its subsidiaries. Pursuant to the Taiwan Stock Exchange Corporation Regulations Governing Information Reporting by Listed Companies (as amended from time to time) (the ''Taiwan Stock Exchange Regulations''), PCC is required to issue an announcement of its preceding month's consolidated revenue before the 10th day of each calendar month with TSEC.
The purpose of this announcement is to disclose simultaneously the related financial information of the Company as consolidated in the said monthly consolidated revenue of PCC to the Hong Kong public in order to ensure that timely information are disseminated to investors, in compliance with paragraph 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (''Listing Rules'') and Part XIVA of the Securities and Futures Ordinance (Cap.571) (''SFO''). The following items are extracted from the unaudited management accounts of the Company and its subsidiaries.

* for identification purposes only

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Month: November 2014
Net consolidated operating revenue (i.e. equal to the total sales less sales discount and sales return) of the Company for the current month (USD'000): 685,549
Net consolidated accumulative operating revenue of the Company for the eleven months ended November 30, 2014 (USD'000): 7,278,309
Balance of consolidated amount of loan (i.e. loan made from the Company to any company or firm due to business transactions with such company or firm) of the Company for operating activities for the current month (USD'000): Nil
Balance of consolidated amount of loan (i.e. loan made from the Company to any company or firm due to necessary short-term financing purpose) of the Company for short-term loan for the current month (USD'000): Nil
Balance of consolidated amount of loan of the Company for the current month (USD'000): Nil
Increase or decrease in consolidated amount of endorsement and guarantee of the Company for the current month (USD'000): +55
Balance of consolidated amount of endorsement and guarantee of the Company for the current month (USD'000): 100,771
By Order of the Board

Lu Chin Chu

Chairman
Hong Kong, December 10, 2014
As at the date of this announcement, the directors of the Company are: Executive Directors:
Mr. Lu Chin Chu (Chairman), Ms. Tsai Pei Chun, Patty (Managing Director), Mr. Kuo Tai
Yu, Mr. Kung Sung Yen, Mr. Chan Lu Min, Mr. Li I Nan, Steve, Mr. Lee Shao Wu, Mr. Tsai
Ming-Lun, Ming and Mr. George Hong-Chih Liu.
Independent Non-executive Directors:
Mr. Leung Yee Sik, Mr. Huang Ming-Fu, Mr. Chu Li-Sheng, Ms. Yen Mun-Gie (also known as Teresa Yen) and Mr. Hsieh, Yung Hsiang (also known as Alfred Hsieh).
Website: http://www.yueyuen.com

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