E152783A_China Energy 1..2

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 the Cayman Islands with limited liability)

(Stock Code: 228)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE

The board (the ''Board'') of directors (the ''Directors'') of China Energy Development Holdings Limited (the ''Company'') is pleased to announce that on 21 July 2015, Mr. Zong Ketao (''Mr. Zong'') has been appointed as an independent non-executive director and a member of each of the audit committee, remuneration committee and nomination committee of the Company with immediate effect.
Mr. Zong, aged 49, is a lawyer qualified to practice law in the People's Republic of China (the ''PRC''). He holds a master degree in law from University of International Business and Economics, China and a bachelor degree in law from Lanzhou University, China. Mr. Zong has extensive experience in litigation and arbitration, company law and laws relating to investment, finance, energy, mining and capital market. From 1989 to 2000, Mr. Zong joined Sinopec Shengli Oilfield Company Limited, an associate of China Petroleum & Chemical Corporation (''Sinopec''), as a member of their in-house legal department. From
2003 to 2004, Mr. Zong was appointed as the senior legal supervisor of another group company of Sinopec. Since 2005, Mr. Zong started his own private legal practice and joined various law firms in the PRC as a partner.
Save as disclosed above, Mr. Zong does not hold any position with the Company and other members of the Company immediately before his present appointment and did not hold any directorship in other public listed companies in the past three years.
Mr. Zong does not have any relationships with any directors, senior management or substantial or controlling shareholders of the Company. As at the date of this announcement, Mr. Zong does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Future Ordinance (Chapter 571 of the Laws of Hong Kong).
There is no service contract and fixed term of service between Mr. Zong and the Company. Mr. Zong will hold office until the next general meeting and shall be eligible for re-election pursuant to the Company's Articles of Association. Thereafter he will be subject to retirement by rotation and re-election at annual general meetings of the Company in

* For identification purpose only

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accordance with the Company's Articles of Association. Mr. Zong will be entitled to director's fee to be determined by the Remuneration Committee of the Company and the Board with reference to his duties and responsibilities in the Company and the market conditions (subject to a maximum of HK$120,000 per annum).
Save as disclosed, there is no information to be disclosed with respect to the appointment of Mr. Zong pursuant to any of the requirements of Rule 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'') and there is no other matter that needs to be brought to the attention of the shareholders of the Company.
Following the appointment of Mr. Zong as an independent non-executive director, the Company has fufilled the requirement of minimum number of independent non-executive directors under Rule 3.10(1) of the Listing Rules.
The Board would like to express our warmest welcome to Mr. Zong for joining the
Company.
By order of the Board
China Energy Development Holdings Limited
Zhao Guoqiang
Chief Executive Officer & Executive Director
Hong Kong, 21 July 2015
As at the date of this announcement, the Board comprises Mr. Zhao Guoqiang (Chief Executive Officer and alternate director to Dr. Gu Quan Rong and Mr. Wang Yongguang) and Mr. Chui Kwong Kau as executive directors; Dr. Gu Quan Rong as non-executive director; and Mr. Fu Wing Kwok, Ewing, Mr. Wang Yongguang and Mr. Zong Ketao as independent non-executive directors.

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