Exhibit 99.1

FOR IMMEDIATE RELEASE

SINOCOKING COAL AND COKE CHEMICAL INDUSTRIES ANNOUNCES

FISCAL 2014 FIRST QUARTER FINANCIAL RESULTS

PINGDINGSHAN, China – November 14, 2013 - SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq: SCOK) (the "Company" or "SinoCoking"), a vertically-integrated coal and coke processor, today announced its financial results for the fiscal 2014 first quarter ended September 30, 2013.

Fiscal 2014 First Quarter vs. Fiscal 2013 First Quarter

• Total revenue slightly decreased to $17.5 million, as compared to $17.6 million.
• Gross margin improved to 17.7%, as compared to 10.9%.
• Income from operations increased by 98% to $2.5 million, as compared to $1.2 million.
• Net income increased by 75.9% to $1.2 million or $0.05 per diluted share, as compared to $0.7 million or $0.03 per diluted share.

SinoCoking’s Chairman and CEO, Mr. Jianhua Lv, commented, “The slight decrease in fiscal 2014 first quarter revenue was mainly due to decreased sales of coal products, offset by increased sales of coke products. Due to the ongoing mining moratorium, raw coal supply has been very limited and we continued to meet our coal requirements largely by purchasing coal, including from other provinces, at a higher cost driven by the supply shortage. We did not sell any raw coal and used all purchased coal (mainly washed coal) to manufacture coke and coke byproducts. While we currently anticipate the moratorium to end sometime in the first half of calendar 2014, there cannot be any assurance as to the exact timing. Demands for all other coal products were also soft, resulting in lower revenue from coal products overall.

For the first quarter of fiscal 2014 as compared to same period of fiscal 2013:

“Our cost of revenue for the current fiscal first quarter decreased by 8.1%, mainly due to lower purchase price for washed coal used to manufacture coke and byproducts,” continued Mr. Lv. “Lower cost of revenue resulted in substantially improved gross margin for the fiscal 2014 first quarter as compared to the same quarter of fiscal 2013. Additionally our selling, general and administrative expenses decreased by approximately 3.9% as compared to the same period of last year, due to lower consulting fees for the period.”

Recent business highlights:

Mr. Lv added, “Our business plan involves growing our business through the:

The following projects are expected to require capital resources:

Mr. Lv noted, “Our business plan fits well with our near- and mid-term strategy of increasing our market share in China’s coal chemical industry which has been growing rapidly.”

Conference Call

Mr. Lv and Mr. Sam Wu, CFO, will host a conference call on Monday, November 18, 2013 at 10:00 am ET to discuss these results as well as recent corporate developments.

Interested parties may participate in the call by dialing: (201) 493-6744. Please call in 10 minutes before the conference is scheduled to begin and ask for the SinoCoking call. After opening remarks, there will be a question and answer period. Questions may be asked during the live call, or alternatively, you may e-mail questions in advance to lcati@equityny.com.

The conference call will also be broadcast live over the Internet. To listen to the webcast, please go to http://www.investorcalendar.com/IC/CEPage.asp?ID=171932 or visit the Company’s website www.scokchina.com and then go to Presentations/Events page where the conference call is posted. Please go to the website at least 15 minutes early to register, and download and install any necessary audio software. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days. We suggest listeners use Microsoft Internet Explorer as their web browser.

About SinoCoking

SinoCoking and Coke Chemical Industries, Inc., a Florida corporation, is a vertically-integrated coal and coke processor that uses coal from both its own mines and that of third-party mines to produce basic and value-added coal products for steel manufacturers, power generators, and various industrial users. SinoCoking has been producing metallurgical coke since 2002, and acts as a key supplier to regional steel producers in central China. SinoCoking also produces and supplies thermal coal to its customers in central China. SinoCoking currently owns its assets and conducts its operations through its subsidiaries, Top Favour Limited and Pingdingshan Hongyuan Energy Science and Technology Development Co., Ltd., and its affiliated companies, Henan Province Pingdingshan Hongli Coal & Coke Co., Ltd., Baofeng Coking Factory, Baofeng Hongchang Coal Co., Ltd., Baofeng Hongguang Environment Protection Electricity Generating Co., Ltd., Zhonghong Energy Investment Company, Henan Hongyuan Coal Seam Gas Engineering Technology Co., Ltd., Baofeng Shuangri Coal Mining Co., Ltd., and Baofeng Xingsheng Coal Mining Co., Ltd.

For further information about SinoCoking, please refer to our periodic reports filed with the Securities and Exchange Commission.

Forward Looking Statement

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans", "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think", "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the Company's expectations and estimates. The Company provides no assurances that any potential acquisitions will actually be consummated, or if consummated that such acquisitions will be on terms and conditions anticipated on the date of this press release, and the Company makes no assurances with regard to any results of any such acquisitions.

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