Aug 26, 2020

0 Message : *Required fields Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新 天 綠 色 能 源 股 份 有 限 公 司 (a joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code: 00956) The Board hereby announces that: Mr. Wang Chun Dong tendered his resignation to the Supervisory Committee on 26 August 2020, resigning as an external supervisor of the Company and the chairman of the Supervisory Committee, due to work arrangements. His resignation shall be effective after the Company officially appoints a new external supervisor to fill his vacancy; Dr. Shao Jing Chun also tendered his resignation to the Supervisory Committee on 26 August 2020, resigning as an independent supervisor of the Company, due to work arrangements. His resignation shall be effective after the Company officially appoints a new independent supervisor to fill his vacancy; and in order to fill the vacancies arising from the resignation of above-mentioned supervisors, the Supervisory Committee proposed to nominate Ms. Gao Jun and Professor Zhang Dong Sheng as external supervisor and independent supervisor of the Company, respectively, and the relevant resolutions in relation to election of supervisors will be submitted to the EGM for consideration. 1 Resignation of supervisors The board of directors (the "Board") of China Suntien Green Energy Corporation Limited (the "Company") hereby announces that, Mr. Wang Chun Dong tendered his resignation to the supervisory committee of the Company (the "Supervisory Committee") on 26 August 2020, resigning as an external supervisor of the Company and the chairman of the Supervisory Committee due to work arrangements. His resignation shall be effective after the Company officially appoints a new external supervisor to fill his vacancy. At the same time, Dr. Shao Jing Chun also tendered his resignation to the Supervisory Committee on 26 August 2020, resigning as an independent supervisor of the Company due to work arrangements. His resignation shall be effective after the Company officially appoints a new independent supervisor to fill his vacancy. Each of Mr. Wang Chun Dong and Dr. Shao Jing Chun has confirmed that they have no disagreement with the Board and/or the Supervisory Committee, and there are no any other matters that need to be brought to the attention of the Company's shareholders. The Company and the Supervisory Committee of the Company would like to extend their sincere gratitude to Mr. Wang Chun Dong and Dr. Shao Jing Chun for playing an active role in the standardized operation and healthy development of the Supervisory Committee of the Company during their tenure. Proposed appointments of new supervisors In order to fill the vacancies arising from the resignation of the above-mentioned supervisors, the Supervisory Committee passed resolutions at the meeting of the Supervisor Committee convened on 26 August 2020, for the nomination of Ms. Gao Jun and Professor Zhang Dong Sheng as external supervisor and independent supervisor of the fourth session of the Supervisory Committee, respectively. The biographical details of Ms. Gao and Professor Zhang are as follows: Ms. Gao Jun (高軍), aged 50, is the general manager of the Audit Management Department of Hebei Construction & Investment Group Co., Ltd.* (河北建設投資集團有限責任公司) ("HECIC"), the controlling shareholder of the Company. She graduated from Hebei University of Economics and Business major in finance and accounting, and is a senior economist. Since April 2015, Ms. Gao has been the general manager of the Audit Management Department of HECIC. She successively served as the general manager, deputy department head, assistant to the department head and assistant to the manager of the financial management department of HECIC. Professor Zhang Dong Sheng (張東生), aged 60, is the head of the Department of Business Administration, School of Economics and Management, Hebei University of Technology. He obtained a doctorate in management major in management science and engineering from Hebei University of Technology, and is a professor and tutor to Ph.D. students. Professor Zhang is an external director of Hebei Port Group Co., Ltd.* (河北港口集團有限公司). From 1983 to 1984, Professor Zhang worked in Tangshan Mining & Metallurgical Machinery Plant* (唐山冶金礦山機械廠 ). In July 1984, he studied in Hebei University of Technology for a master's degree. He has been teaching in the university since his graduation in 1987, during which, he studied in Hebei University of Technology for a doctorate. From 2006 to 2007, he was a senior visiting scholar at the University of Manchester, United Kingdom. 2 Subject to the approvals by the shareholders of the Company on their appointments, the Company will enter into a service contract with each of Ms. Gao and Professor Zhang, and their respective term of office shall be effective from the date of the EGM (as defined below) and end on the expiry of the term of the fourth session of the Supervisory Committee. They are eligible for re-election upon expiry of their term according to the Articles of Association of the Company. To the best of the knowledge of the directors of the Company and save as disclosed above, Ms. Gao and Professor Zhang did not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; they do not have any relationship with any director, supervisor, senior management or substantial or controlling shareholder of the Company; and they do not hold any other positions in the Company or any of its subsidiaries. As at the date of this announcement, Ms. Gao and Professor Zhang do not have any interest in the shares of the Company or its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong)). Save as disclosed above, there is no other information in relation to the appointments of Ms. Gao and Professor Zhang that needs to be disclosed pursuant to the requirements set out in Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, nor are there any other matters that need to be brought to the attention of the shareholders. The Company will convene the first extraordinary general meeting for 2020 (the "EGM") in the near future to consider, among other things, the resolutions in relation to the appointments of Ms. Gao and Professor Zhang. The Company will dispatch the notice of the EGM and the shareholder circular to shareholders in due course. By order of the Board of China Suntien Green Energy Corporation Limited* Mei Chun Xiao Shijiazhuang City, Hebei Province, the PRC, 26 August 2020 As at the date of this announcement, the non-executive Directors of the Company are Dr. Cao Xin, Dr. Li Lian Ping, Mr. Qin Gang and Mr. Wu Hui Jiang; the executive Directors of the Company are Mr. Mei Chun Xiao and Mr. Wang Hong Jun; and the independent non-executive Directors of the Company are Mr. Xie Wei Xian, Mr. Wan Yim Keung, Daniel and Dr. Lin Tao. For identification purpose only