Luzhou Xinglu Water : OVERSEAS REGULATORY ANNOUNCEMENT

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Luzhou Xinglu Water (Group) Co . , Ltd . *

瀘 州 市 興 瀘 水 務（集 團）股 份 有 限 公 司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2281)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made by Luzhou Xinglu Water (Group) Co., Ltd.* (瀘州市興瀘 水務（集團）股份有限公司) (the "Company") pursuant to Rule 13.10B of the Rules

Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

According to the relevant rules and regulations of the People's Republic of China (the "PRC"), the Company has published the "Announcement on the Cumulative New Borrowings of the Current Year Exceeding 60% of the Net Assets Value at the End

of the Previous Year of Luzhou Xinglu Water (Group) Co., Ltd.* ( 瀘 州 市 興 瀘 水 務（集 團）股 份 有 限 公 司 當 年 累 計 新 增 借 款 超 過 上 年 末 淨 資 產 的 百 分 之

六 十 的 公 告)" (the "Announcement") on the website of Shanghai Stock Exchange (www.sse.com.cn).

The Announcement was prepared in Chinese and has been published on the website of Shanghai Stock Exchange in Chinese version. Please refer to the attachment below for the Chinese full text of the Announcement for reference only.

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Shareholders of the Company and public investors should note that the net assets value set out in the Announcement is prepared in accordance with the Accounting Standards for Business Enterprises issued by the Ministry of Finance of the PRC.

By order of the Board

Luzhou Xinglu Water (Group) Co., Ltd.*

Zhang Qi

Chairman

Luzhou, Sichuan Province, the PRC

6 December 2019

As at the date of this announcement, the Board comprises of (i) three executive Directors, namely Mr. Zhang Qi, Mr. Liao Xingyue and Mr. Wang Junhua; (ii) three non-executive Directors, namely Mr. Chen Bing, Ms. Xu Yan and Mr. Xie Xin; and (iii) three independent non-executive Directors, namely Mr. Gu Ming'an, Mr. Lin Bing and Mr. Cheng Hok Kai, Frederick.

• For identification purposes only

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