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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.


(Incorporated in Bermuda with limited liability)

(Stock code: 00380)


POSITIVE PROFIT ALERT


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


The board of directors (the "Board") of the Company wishes to inform the shareholders (the "Shareholders") and potential investors of the Company that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2015, it is expected that the Group may record a significant increase in net profit for the year ended 31 December 2015 as compared to the year ended 31 December 2014. Such increase was primarily attributable to increase of the turnover and gross profit margin of our pipes and fittings business as supported by the favorable market conditions in Hong Kong and Macau in 2015.


The Company is in the process of finalizing the final results of the Group for the year ended 31 December 2015. The information contained in this announcement is only based on preliminary assessment of information currently available to the Company and the management accounts of the Group which have not been confirmed nor audited by the Company's auditors. The audited consolidated final results of the Group for the current year are expected to be announced by the Company in March 2016.


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


By order of the Board

Softpower International Limited Lai Guanglin

Chairman


Hong Kong, 27 January 2016


As at the date of this announcement, the board of directors of the Company consists of Mr. Lai Guanglin, Mr. Yu Ben Ansheng and Mr. Lai Fulin as executive directors; Mr. U Kean Seng as non-executive director; and Mr. Wong Yee Shuen, Wilson, Mr. Chen Wei Wen and Ms. Yang Li as independent non-executive directors.

China Pipe Group Ltd. issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 10:40:31 UTC

Original Document: http://www.chinapipegroup.com/assets/Uploads/e20160127-Profit-Alert.pdf