TIDMGWIN

RNS Number : 5028G

Gowin New Energy Group Limited

20 November 2015

20 November 2015

Gowin New Energy Group Limited

("Gowin" or the "Company")

GBP250,000 Fundraising

The Company is pleased to announce that it has raised a total of GBP250,000 by way of convertible loan notes (the "Convertible Loan") from the following individuals: Mr Chao Chih-Feng (GBP100,000), Mr Dai Ming-Hsuan (GBP50,000) and Mr Tsai Cheng-Feng (GBP100,000).

The Convertible Loan Notes will be used immediately to, inter alia, to support the Company's short term working capital requirements. Each Noteholder of the Convertible Loan Notes, which are interest-free, may convert the whole or any part of his holding of Notes (subject to a minimum aggregates principal amount of GBP10,000 being converted each time) into fully paid New Ordinary Shares at the rate of one Ordinary Share for every GBP0.002 principal amount of Notes converted.

The directors of Gowin New Energy Group Limited accept responsibility for this announcement.

For further information please visit www.gowinyichia.com or contact the following:

   Garry Willinge                            Gowin New Energy Group Limited           +852 9100 9972 
   David Scott / James Dewhurst     Alexander David Securities Limited          +44 20 7448 9820 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

November 20, 2015 10:11 ET (15:11 GMT)