Beijing Gas Blue Sky : ADDITIONAL RESUMPTION GUIDANCE

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.

(Incorporated in Bermuda with limited liability)

(Stock Code: 6828)

Financial adviser to the Company

ADDITIONAL RESUMPTION GUIDANCE

This announcement is made by Beijing Gas Blue Sky Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rules 13.09(2)(a) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 26 February 2021 and 16 April 2021 respectively in relation to the resumption guidance and resumption progress. Terms used herein shall have the same meanings as defined in the abovementioned announcements unless otherwise stated.

ADDITIONAL RESUMPTION GUIDANCE

Further to the resumption guidance provided on 26 February 2021, the Company received a letter from the Stock Exchange dated 22 April 2021, pursuant to which, the Stock Exchange has handed down an additional resumption guidance (resumption guidance (f) below) to the Company. Together with the resumption guidance previously given by the Stock Exchange, details of all resumption guidance (the "Resumption Guidance") are as follows:

1. to conduct a forensic investigation into the Incident, announce the investigation findings, assess and announce the impact on the Company's financial and operation position, and take appropriate remedial actions;

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1. to demonstrate that there is no reasonable regulatory concern about management integrity and/ or the integrity of any persons with substantial influence over the Company's management and operations, which may pose a risk to investors and damage market confidence;
2. to demonstrate that the Company has in place adequate internal control systems to meet the obligations under the Listing Rules;
3. to demonstrate compliance with Rule 13.24 of the Listing Rules;
4. to inform the market of all material information for the Company's shareholders and other investors to appraise its positions; and
5. to publish all outstanding financial results required under the Listing Rules and address any audit modifications.

The Stock Exchange further indicates that it may modify the Resumption Guidance and/or give further guidance if the situation changes.

CONTINUED TRADING SUSPENSION OF THE SHARES OF THE COMPANY

At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on 18 January 2021 and will remain suspended until the Company fulfills the Resumption Guidance.

By order of the Board

Beijing Gas Blue Sky Holdings Limited

Zhi Xiaoye

Chairman

Hong Kong, 26 April 2021

As at the date of this announcement, the executive Directors of the Company are Mr. Li Weiqi, Mr. Jin Qiang, Ms. Yang Fuyan and Mr. Ye Hongjun; the non-executive Directors of the Company are Mr. Zhi Xiaoye and Mr. Cheng Ming Kit (duties suspended); and the independent non-executive Directors of the Company are Mr. Lim Siang Kai, Mr. Wee Piew, Mr. Ma Arthur On-hing, Mr. Cui Yulei and Ms. Hsu Wai Man Helen.

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