09:20     YUXING INFOTECH<08005> - Quarterly Results Announcement             

    YUXING INFOTECH HOLDINGS LIMITED announced on 11/05/2005:                 
    (stock code: 08005 )                                                      
                                                                              
    Year end date                         :31/12/2005                         
    Currency                              :HKD                                
    Auditors' report                      :N/A                                
    1st Quarterly Report Reviewed by      :Audit Committee                    
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (Unaudited)       (Unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2005   from 01/01/2004  
                                             to 31/03/2005     to 31/03/2004  
                                                     $'000             $'000  
                                                                              
    Turnover                              :        164,140           136,994  
    Profit/(Loss) from Operations         :         (7,878)              530  
    Finance cost                          :         (2,806)             (718) 
    Share of Profit/(Loss) of Associates  :           (121)             (227) 
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :        (11,739)             (960) 
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :    HKD (0.0293)      HKD (0.0024) 
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :              0                 0  
    Profit (Loss) after ETD Items         :        (11,739)             (960) 
    1st Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 1st Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    YUXING INFOTECH HOLDINGS LIMITED                                          
                                                                              
    Signature :                                                               
    Name      : Shi Guang Rong                                                
    Title     : Director                                                      
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    **Interim dividends**                                                     
                                                                              
    The Board of the Company does not recommend the payment of an interim     
    dividend for the three months ended 31st March 2005                       
    (three months ended 31st March 2004: Nil).                                
                                                                              
                                                                              
    **Loss per share**                                                        
                                                                              
    The calculation of basic loss per share for the three months              
    ended 31st March 2005 is based on the unaudited                           
    consolidated net loss for the period of approximately HK$11,739,000       
    (three months ended 31st March 2004: consolidated net loss for the        
    period of approximately HKD960,000) and on 400,000,000                    
    (three months ended 31st March 2004: 400,000,000)                         
    ordinary shares in issue for the period.                                  
                                                                              
    No diluted loss per share has been presented for either period            
    as the assumed exercise of the Company's share options                    
    would result in a decrease in loss per share.