China Energy Engineering : ANNOUNCEMENT ON PASSING OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

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CHINA ENERGY ENGINEERING CORPORATION LIMITED*

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

(Stock Code: 3996)

ANNOUNCEMENT ON PASSING OF

AN INDEPENDENT NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of China Energy Engineering Corporation Limited (the "Company") has recently been informed that Mr. Zheng Qiyu, an independent non-executive director of the Company, passed away due to illness.

Mr. Zheng Qiyu had been an independent non-executive director of the Company, the chairman of the Remuneration and Assessment Committee of the Board since 19 December 2014. During the period he served as the independent non-executive director of the Company, Mr. Zheng Qiyu performed his duties diligently with full dedication, and faithfully discharged his duties and obligations as the independent non-executive director of the Company.

The Board of the Company would like to extend its sincere gratitude to Mr. Zheng Qiyu for his contributions made to the Company during his tenure of office. The directors, supervisors, senior management and all employees of the Company would like to express their deepest condolences on the passing of Mr. Zheng Qiyu.

Following the passing of Mr. Zheng Qiyu, the Board of the Company only consists of two (2) independent non-executive directors, the Remuneration and Assessment Committee of the Board only consists of two (2) members, being one non-executive director and one independent non-executive director, which for now does not comply with (i) Rule 3.10(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") that the Board must include at least three independent non-executive directors; (ii) Rule 3.10A of the Listing Rules, independent non-executive directors must at least account for one-third of the Board; and (iii) Rule

3.25 of the Listing Rules that the remuneration committee should be chaired by an independent non- executive director and the majority of the members must be independent non-executive directors. The

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Company will use its best endeavours to seek suitable candidate, so as to fill the vacancies as soon as practicable to comply with relevant regulations of Listing Rules. Further announcement will be made as and when appropriate.

By Order of the Board

CHINA ENERGY ENGINEERING CORPORATION LIMITED*

Wang Jianping

Chairman

Beijing, the PRC

9 December 2019

As at the date of this announcement, the executive directors of the Company are Mr. Wang Jianping, Mr. Ding Yanzhang and Mr. Zhang Xianchong; the non-executive directors are Mr. Ma Chuanjing, Mr. Liu Xueshi and Mr. Si Xinbo; and the independent non-executive directors are Mr. Ding Yuanchen and Mr. Cheung Yuk Ming.

• For identification purpose only

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