China Suntien Green Energy : INSIDE INFORMATION TANGSHAN LNG PROJECT HAS OBTAINED APPROVAL FROM THE NDRC

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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)

INSIDE INFORMATION

TANGSHAN LNG PROJECT HAS OBTAINED APPROVAL FROM THE NDRC

This announcement is made in accordance with the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board of directors of China Suntien Green Energy Corporation Limited (the "Company") is pleased to announce that, Caofeidian Suntien Natural Gas Co.,Ltd. (the "Caofeidian Company"), a subsidiary

of the Company, has received the Approval on the Tangshan LNG Project of Caofeidian Suntien Natural Gas Co.,Ltd. (Fa Gai Neng Yuan [2019] No. 1678)《國家發展改革委關於曹妃甸新天液化天然氣有限公 司唐山液化天然氣項目核准的批覆》（發改能源[2019]1678 號）(the "Approval Document") issued by

the National Development and Reform Commission (the "NDRC") recently.

According to the Approval Document, the NDRC has agreed on the construction of Tangshan LNG project (the "Tangshan LNG Project"), of which Caofeidian Company is the project owner and the construction site is located inside Caofeidian Port Logistics Park, Tangshan City, Hebei Province. The estimated unloading capacity of the Tangshan LNG Project is 12 million tons/year, in which, the estimated unloading capacity of two berths is 10 million tons/year, which will be constructed in three phases; the another berth is planned to be constructed jointly with a third party enterprise in order to obtain 2 million tons/year of the total unloading capacity of the berth. The total estimated investment amount for the Tangshan LNG Project is RMB25.39 billion (excluding the investment in the berth which will be constructed jointly with the third party), in which the investment amount of first phase construction is expected to be RMB8.07 billion. The Company planned to finance the funds for the construction of the Tangshan LNG Project through several means including self-owned capital and loans from financial institutions.

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The construction of the Tangshan LNG Project will optimise the distribution of LNG terminals in China, increase the supply and reserves of natural gas in Hebei Province and surrounding areas and the emergency peaking capability, secure regional gas supply safety and optimise the structure of energy consumption in order to improve the quality of the atmospheric environment as well as promote economic and social development. After the completion of construction, Tangshan LNG Project will increase the category of gas source businesses for the Company and further increase the diversity on the gas source of the Company, which will accelerate the expansion of gas business market of the Company, optimise the business structure of the Company and increase the proportion of gas business of the Company. The Company will promote the development and construction of the Tangshan LNG Project as planned in accordance with actual operation situation.

As of the date of this announcement, the Company has not entered into any agreement with any third parties in relation to the Tangshan LNG Project. If any agreement entered into by the Company in relation to the Tangshan LNG Project constitutes a notifiable transaction under the Listing Rules, further announcement will be published by the Company as soon as possible in accordance with the Listing Rules.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board of

China Suntien Green Energy Corporation Limited*

Mei Chun Xiao

Executive Director and President

Shijiazhuang City, Hebei Province, the PRC, 30 October 2019

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 purposes only

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