Mr. Junliang Xie, investor, reports

JUNLIANG XIE ACQUIRES SECURITIES OF QSOLAR LIMITED

This press release amends and restates the press releases disseminated by Junliang Xie on April 8, 2013, and April 15, 2013, regarding his holdings in QSolar Ltd.

On March 13, 2013, Mr. Xie's subscription, through his holding company Centrium Enterprises Ltd., for 13,333,333 units, to be issued by the company at a price of 75 cents per unit, was accepted. Each unit consisted of one common share of the company and one-half of one common share purchase warrant exercisable to purchase a common share at $1 per share for a period of two years from the date of issuance. Under the terms and conditions of the subscription, the purchase and sale of the units was to be completed in several tranches within 25 days of the date of the subscription. Therefore, immediately following completion of the offering, Mr. Xie had the right or obligation to acquire within 60 days, and for early warning reporting purposes, beneficial ownership of, 13,333,333 common shares and 6,666,667 common shares acquirable on exercise of the warrants. Upon completion of the purchase of the units and assuming exercise of all the warrants, Mr. Xie had beneficial ownership of 20 million common shares, or approximately 25.75 per cent of the common shares then issued and outstanding.

Mr. Xie acquired the units for investment purposes. He intends to review his investment in the company on a continuing basis. Depending on various factors including, but not limited to, the company's financial position, the market price of the common shares, conditions in the securities markets and general economic and industry conditions, Mr. Xie's business or financial condition, and other factors and conditions he deems appropriate. Mr. Xie may in the future take such actions with respect to his investment in the company as he considers appropriate. Mr. Xie may in the future acquire ownership of, or control and direction over, further common shares.