(PRC, Hong Kong, 7 January, 2014) Goldpoly New Energy Holdings Limited (“Goldpoly” or “the Company,” HK stock code: 686, whose largest shareholder is China Merchants New Energy Group “CMNE”) , a leading solar power plant investor and operator in China, today announced that Goldpoly, along with its shareholder company Renewable Energy Trade Board Corporation (“EBOD”, a renewable energy trading platform under CMNE), obtained the updated new business license on 7 January 2014 for the 180MW PV project acquired from Zhongli Talesun located in Gonghe, Qinghai Province, and that the acquisition has thereby been completed.

As of 7 January 2014, Goldpoly has completed grid connection for 13 solar power plants with an aggregate grid connected capacity of 531.7MW. (Details below)

Mr. Alan LI, Executive Director/Chief Executive Officer o f Goldpoly , said: “Goldpoly has successfully achieved grid connection for a total of 531.7MW solar power plants which reaches the Company’s target as well as delivers on our promise to the market and shareholders. In this new year, we will continuously strengthen collaboration with industry leaders by leveraging on the advantageous resources of our shareholder CMNE, in order to actively develop solar power plants in domestic and overseas markets. We make one step closer to our goal of building the most efficient and professional platform for operating solar power plants in China.”