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.

PROFIT WARNING

This announcement is made by Chaoda Modern Agriculture (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors (the "Board") of the Company wishes to inform its shareholders (the "Shareholders") and potential investors that, based on the information currently available to the Board, the Group is expected to record a significant loss for the six months ended 31 December 2016 as compared to the same period ended last year and such loss is mainly attributable to (i) continuous operational loss; and (ii) recognition of impairment loss on certain assets.

The information contained in this announcement should only be treated as a preliminary assessment made by the Board based on the information currently available to the Group and subject to the review by the audit committee and the auditors of the Company. The unaudited interim results announcement of the Group for the six months ended 31 December 2016 is expected to be announced on 27 February 2017.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Chaoda Modern Agriculture (Holdings) Limited

Kwok Ho

Chairman

Hong Kong, 22 February 2017

As of the date hereof, the board of directors of the Company comprises:

Executive directors

:

Mr. Kwok Ho, Mr. Kuang Qiao, Mr. Yang Gang and Mr. Zhang Chang Man

Non-executive director

:

Mr. Ip Chi Ming

Independent non-executive directors

:

Mr. Fung Chi Kin, Mr. Tam Ching Ho, Professor Lin Shun Quan and Mr. Chan Yik Pun

Chaoda Modern Agriculture (Holdings) Ltd. published this content on 22 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 March 2017 11:38:11 UTC.

Original documenthttp://www.chaoda.com.hk/pic/e_Ann_00682_20170222.pdf

Public permalinkhttp://www.publicnow.com/view/4269702AA8823E59EC30BB2498BE38948F15AD6F