Guodian Technology & Environment : CHANGE OF SUPERVISOR AND PROPOSED APPOINTMENT OF SUPERVISOR

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.

國 電 科 技 環 保 集 團 股 份 有 限 公 司

GUODIAN TECHNOLOGY & ENVIRONMENT GROUP CORPORATION LIMITED*

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

(Stock code: 01296)

CHANGE OF SUPERVISOR

AND

PROPOSED APPOINTMENT OF SUPERVISOR

Guodian Technology & Environment Group Corporation Limited (the "Company") announces that Mr. Yang Xiangbin ("Mr. Yang") ceases to serve as a supervisor of the Company ("Supervisor") with effect from 7 February 2020 due to work re- arrangement. Mr. Yang has confirmed that there is no disagreement between him, the board of directors of the Company (the "Board") and the board of supervisors of the Company (the "Board of Supervisors") and there are no any other matters that need to be brought to the attention of the shareholders of the Company (the "Shareholders").

The Board would like to take this opportunity to express its sincere gratitude to Mr. Yang for his valuable contributions to the Company during his tenure of service as a Supervisor.

The Company also announces that Mr. Wang Shaoyu ("Mr. Wang") has been nominated as Supervisor of the Company. The Board of Supervisors will seek approval for the proposed appointment of Mr. Wang to serve as Supervisor from the Shareholders, with effect from the date of approval by Shareholders at the general meeting of the Company. The term of office of Mr. Wang as Supervisor will end on the expiry of the term of the appointed session of the Board of Supervisors. A circular containing, among other things, the notice of the Shareholders' general meeting will be despatched to the Shareholders as soon as practicable.

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The biographical details of Mr. Wang are set out below:

Mr. Wang Shaoyu, aged 54. He is currently a director of the general management department and the secretary of the Party Branch of China Energy Investment Group Corporation Limited. Mr. Wang successively served as secretary, deputy chief of the research department, director of the Beijing office and deputy director of the research office of Jincheng Mining Bureau in Shanxi province, researcher of policy and regulation department of the Ministry of Coal Industry, researcher of industry management department of the State Bureau of Coal Industry, deputy director of office, manager of planning department and director of office of Shenhua Coal Trading Company Limited, secretary to the office and public relations business manager, senior manager of Shenhua Group Corporation Limited, chief officer, deputy director and director of office of Shenhua Group Corporation Limited and China Shenhua Energy Company Limited, director of office of Party Committee of Shenhua Group Corporation Limited, director of office of Shenhua Group Corporation Limited and China Shenhua Energy Company Limited, director and deputy secretary of office of China Energy Investment Group Corporation Limited. Mr. Wang graduated from the department of surveying of Tongji University, majoring in surveying and engineering, and obtained a bachelor's degree in engineering. He graduated from Tongji University with a master's degree in management, majoring in management science and engineering. He is a senior engineer.

The annual remuneration of Mr. Wang will be determined by the Shareholders at the general meeting of the Company pursuant to the articles of association of the Company and with reference to the recommendations of the Remuneration and Appraisal Committee of the Board in accordance with its terms of reference and taking into account, among other things, his duties and responsibilities.

Mr. Wang has confirmed that, save as disclosed above, as at the date of this announcement, he (1) has not held any other position in the Company or any of its subsidiaries or any directorships in any other listed companies in the past three years;

1. does not have any relationship with any directors, members of senior management, substantial Shareholders or controlling Shareholders of the Company; and (3) does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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Save as disclosed above, the Board is not aware of any other matters in respect of the proposed appointment of Mr. Wang required to be disclosed under Rules 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, or any other matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the Shareholders.

By order of the Board

Guodian Technology & Environment Group Corporation Limited*

Mr. CHEN Dongqing

Chairman

Beijing, PRC, 7 February 2020

As at the date of this announcement, the executive Directors of the Company are Mr. Chen Dongqing, Mr. Zhang Jun and Mr. Tang Chaoxiong; the non-executive Directors are Mr. Wang Zhongqu, Mr. Zhang Wenjian, Mr. Gu Yuchun and Mr. Yan Andrew Y.; and the independent non-executive Directors are Mr. Shen Xiaoliu, Mr. Qu Jiuhui, Mr. Xie Qiuye and Mr. Yeung Chi Tat.

• For identification purpose only

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