Chiho Environmental : was Awarded “2018 Hong Kong Corporate Governance Excellence Award”

(IncorporatedintheCaymanIslandswithlimitedliability)

CHIHOENVIRONMENTALGROUPLIMITED

(StockCode:976)

Chiho Environmental Group Limited was Awarded "2018 Hong

Kong Corporate Governance Excellence Award"

[December 12nd, 2018－Hong Kong] The Chamber of Hong Kong Listed Companies

16th Anniversary Celebration and 2018 Hong Kong Corporate Governance

Excellence Awards Gala Dinner were held at Grand Hyatt Hong Kong on 12

December. Chiho Environmental Group Limited ("CEG" or the "Group", stock code: 976.HK) was presented with " 2018 Hong Kong Corporate Governance

Excellence Award" in recognition of its excellent performance in corporate governance and its leading position in the industry. Mr. Wong Wun Lam, Chief

Financial Officer of CEG, accepted the award on behalf of the company at the ceremony.

Mr. Wong Wun Lam (Middle), Chief Financial Officer of CEG attended the nomination ceremony

The Chamber of Hong Kong Listed Companies (CHKLC) and the Centre for

Corporate Governance and Financial Policy (CCGFP) has jointly instituted and organized the "Hong Kong Corporate Governance Excellence Awards" since 2007.

It aims to recognize and commend listed companies for their commitment to and outstanding performance in shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence and leadership, and corporate social responsibility.

As a leader in the global metal recycling and environmental protection industries,

CEG has been firmly adhering to the company's governance policy. The board has strong leadership skills while the company excels in risk control and maintains goodcommunication with shareholders. The revenue of the Group for the first half of 2018 hit a record high at approximately HK$11,062.2 million.

It's winning of "2018 Hong Kong Corporate Governance Excellence Award"

reflects that the company's strength and growth potential are fully recognized by the international capital market and Hong Kong's business sector, encouraging and spurring the company to notch up greater achievement. In the future, CEG will continue to build upon its existing business to improve and enhance corporate governance, establish sustainable business models, further expand its global reach and make the world more environmentally-friendly.