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Dragonite International Limited

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 329) POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Inside Information
Provisions under Part XIVA of the SFO and Rule 13.09(2)(a) of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that based on the preliminary assessment of the financial information currently available to the Board, the Group is expected to record a consolidated net profit for the year ended 31 December 2013 as compared to a loss in previous financial year.

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


This announcement is made by Dragonite International Limited (the "Company" and together with its subsidiaries, the "Group") pursuant to Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong) (the "SFO") and Rule 13.09(2)(a) of the Listing Rules.
The board (the "Board") of directors (the "Directors") of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a consolidated net profit for the year ended 31 December 2013 (the "Year") as compared to a loss in previous financial year. Based on the financial information currently available to the Board, such profit is principally attributable to
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(i) the fair value gain on financial assets at fair value through profit or loss while a fair value losses were recorded in previous financial year; and (ii) the gain on disposal of certain assets relating to the electronic cigarette business of the Group as disclosed in the circular of the Company dated 26 September 2013.
The Company is still in the process of finalizing the final results of the Group for the Year. The information contained in this announcement is only a preliminary assessment based on the unaudited management accounts of the Group for the Year and financial information currently available. Shareholders of the Company and potential investors are advised to read carefully the final results announcement of the Company for the Year which is expected to be announced in March 2014.

Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.

Hong Kong, 7 January 2014
By order of the Board

Dragonite International Limited Lam Suk Ping

Executive Director

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors

Mr. Wong Yin Sen (Chairman)

Ms. Chan Mee Sze (Managing Director)

Mr. Lam Suk Ping

Non-executive Director

Mr. Hon Lik

Independent non-executive Directors

Mr. Chung Yuk Lun

Mr. Liu Kwong Sang

Mr. Lam Man Sum, Albert

Mr. Ho Tak Fun

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