09:16     ENERCHINA HOLD<00622> - Announcement                                

    The Stock Exchange of Hong Kong Limited takes no responsibility for the   
    contents of this announcement, makes no representation as to its          
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon the    
    whole or any part of the contents of this announcement.                   
                                                                              
    ENERCHINA HOLDINGS LIMITED                                                
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 622)                                                         
                                                                              
    DELAY IN DESPATCH OF CIRCULAR IN RELATION TO                              
    A VERY SUBSTANTIAL ACQUISITION                                            
    AND CONNECTED TRANSACTION                                                 
    INCREASE OF AUTHORISED SHARE CAPITAL                                      
    REFRESHMENT OF GENERAL MANDATE TO ISSUE SHARES                            
                                                                              
    The Company has applied to the Stock Exchange for a waiver from strict    
    compliance with Rule 14.38 and Rule 14A.49 of the Listing Rules and       
    extensions of the deadline for the despatch of the Circular from 29       
    April 2005 to on or before 18 May 2005.                                   
                                                                              
    Reference is made to the announcement (the "Announcement") jointly        
    issued by Sinolink, Panva Gas and Enerchina (the "Company") dated 7       
    April 2005 and published on 8 April 2005 regarding the acquisition of     
    the entire issued share capital of Kenson and Supreme All. Capitalised    
    terms used in this announcement shall have the same meanings as defined   
    in the Announcement unless the context herein requires otherwise.         
                                                                              
    Pursuant to Rule 14.38 and Rule 14A.49 of the Listing Rules, the Company  
    is required to despatch a circular (the "Circular") to the shareholders   
    of the Company in relation to the Acquisition within 21 days after        
    publication of the Announcement, on or before 29 April 2005. However, it  
    is expected that on or around 11 May 2005, Panva Gas will release its     
    first quarterly results for the three months ended 31 March 2005 (the     
    "Panva Results") and the Directors believe that the results will contain  
    information that may be material for the purpose of compiling the         
    Circular. As such, the Company has applied to the Stock Exchange for a    
    waiver from strict compliance with Rule 14.38 and Rule 14A.49 of the      
    Listing Rules and extensions of the deadline for the despatch of the      
    Circular from 29 April 2005 to on or before 18 May 2005 so that the       
    Circular can also reflect the necessary information in relation to the    
    Panva Results.                                                            
                                                                              
    By Order of the Board of                                                  
    Enerchina Holdings Limited                                                
    SUN Qiang Chang                                                           
    Chairman                                                                  
                                                                              
    Hong Kong, 6 May 2005                                                     
                                                                              
    As at the date of this announcement, the board of directors of the        
    Company comprises:                                                        
                                                                              
    Executive Directors:        Independent Non-executive Directors:          
    SUN Qiang Chang (Chairman)        XIN Luo Lin                             
    OU Yaping (Vice Chairman)        LU Yungang                               
    XIANG Ya Bo        Davin A. MACKENZIE                                     
    TANG Yui Man Francis                                                      
    LENG Xuesong                                                              
    XU Xinghai