Wai Chun Mining Industry Group Company Limited. reported audited consolidated cash flow results for the year ended December 31, 2012. For the year, the company reported net cash used in operating activities of HKD 112,953,000 compared to HKD 36,185,000 a year ago. Payments for acquisition of property, plant and equipment were HKD 3,206,000 compared to HKD 10,092,000 a year ago. Net debt as at December 31, 2012 was HKD 198,947,000 compared to HKD 87,601,000 a year ago.

Wai Chun Mining Industry Group Company Limited. reported audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported turnover of HKD 386.678 million against HKD 362.310 million a year ago. Loss before taxation was HKD 44.975 million against profit before taxation of HKD 23.845 million a year ago. Loss attributable to shareholders of the company was HKD 34.135 million or 0.22 cents per basic and diluted share against HKD 3.729 million or 0.02 cents per basic and diluted share a year ago.

The board of directors announced that Mr. Eric Chan (Mr. Chan) has been appointed as the Company Secretary and Authorised Representative of Wai Chun Group Holdings Limited (the Company) with effect from March 29, 2013. Mr. Chan held a number of senior management positions in multinational companies listed in Hong Kong and the United States prior to joining the Company and he has substantial experience in financial management, company secretary, information technology, corporate finance and acquisition transactions. Mr. Chan is a fellow member of The Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Chan has also been appointed as the Company Secretary and Authorised Representative of Wai Chun Mining Industry Group Company Limited with effect from March 29, 2013.