Huaxing Machinery Corp. (TSX VENTURE:HUA) ("Huaxing" or the "Company") is
pleased to announce that the Board of Director (the "Board") of the Company has
decided to pay cash dividend on a bi-annual basis to the shareholders of the
Company. 


A dividend of 1 cent per share on common shares and preferred shares of the
Company for the first half year ending June 30, 2013 will be payable on
September 15, 2013 to shareholders of record at the close of business on August
15, 2013. 


The declaration and payment of future dividends will be subject to the Company's
cash requirements as well as the satisfaction of statutory solvency tests. In
addition, the Board will assess future year's dividend payout levels, from time
to time, in light of the Company's financial performance and its then current
and anticipated business needs at that time.


For further information: 

Y.B. Ian He, Deputy Chairman, 604-306-5867, or Xinlin Huang, CFO, 604 601 8218

About Huaxing Machinery Corp. 

Huaxing is engaged in the business of machinery manufacturing. Through its
wholly owned subsidiary Gold Rhino Limited, Huaxing holds an 80% controlling
equity interest in Shandong Gold Rhino Huaxing Machinery Corp., the operating
entity that holds the manufacturing facilities located in Boxing County,
Shandong Province, China. Its main products are stone processing machinery for
the building and construction industry, and Robotic Welding System for the steel
structure industry. 


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.


Forward-Looking Statements 

Certain information regarding Huaxing contains herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not statements of
fact. Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. The Company cautions that actual
performance will be affected by a number of factors, many of which are beyond
the Company's control, and that future events and results may vary substantially
from what the Company currently foresees. The Company assumes no obligation to
update such forward-looking statements, except as required by applicable
securities laws or exchange regulations. The Company's forward-looking
statements are expressly qualified in their entirety by this cautionary
statement. The Company seeks safe harbour.


FOR FURTHER INFORMATION PLEASE CONTACT: 
HUAXING MACHINERY CORP.
Xinlin Huang
778-373-1485
xinlin@q4financial.com

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