Symax Lift (Holdings) Co. Ltd. (TSX VENTURE:SYL) ("Symax" or the "Company"), a
developer and manufacturer of elevators, escalators and chairlifts with a
manufacturing base in China, is pleased to announce that during the second
quarter of 2014 it concluded twelve new contracts to supply, install and service
Dingtai and Green elevators. 


The twelve contracts represent approximately $11 million in revenues and
deliveries have commenced in May 2014. All deliveries under the contracts are
expected to be completed by the end of this year. The geographic distribution of
these contracts is diversified across several provinces including Hebei, Henan,
Liaoning, Jiangsu, Heilongjiang, Hainan, Shanxi and Anhui. 


"Following the $8 million in sales orders realized in the first quarter, we are
pleased with this level of sales achieved in the second quarter", stated Ms.
Sabrina Zhang, CEO of Symax. "With the strong sales in the first half of 2014,
we are optimistic about the sales performance for the whole year of 2014."


About Symax Lift Holdings 

Symax is in the business of the development, manufacturing, and sale of
elevators, as well as the provision of after-sales services in China and
worldwide. Symax's products and services are classified into two separate
offerings; a main line of standardized products which include passenger
elevators, goods/freight elevators, villa elevators, panorama elevators,
hospital elevators, residential and commercial escalators and moving walkways;
and customized elevator products.


This news release contains certain statements that may be deemed "forward
looking statements". Forward looking statements are statements that are not
historical facts and are generally, but not always, identified by the words
"expects,", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the Company believes
the expectations expressed in such forward looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward looking
statements. Forward looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made. The
Company undertakes no obligation to update these forward looking statements,
except as required by law, in the event that management's beliefs, estimates or
opinions, or other factors, should change. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
For Corporate Information:
Skyone International Securities Corporation
Michael Zheng
416.268.6178
michael.zheng@skyoneisec.com


Symax Lift (Holdings) Co. Ltd.
Mary Ma
CFO
604.277.6678
info@symax.ca