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.

ANNOUNCEMENT

POLL RESULTS OF

THE FIRST EXTRAORDINARY GENERAL MEETING IN 2021

The board of directors of the Company (the "Board") is pleased to announce that the first extraordinary general meeting in 2021 (the "EGM") was held in Beijing on Wednesday, 28 April 2021, and the resolutions set out below were duly passed by way of poll.

References are made to the notice and the circular (the "Circular") of the EGM of China Longyuan Power Group Corporation Limited* (the "Company") dated 13 April 2021. Unless otherwise defined herein, terms used in this announcement shall have the same meanings as defined in the Circular.

The Board is pleased to announce that the EGM of the Company was held at the Conference Room, 22/F, Block c, 6 Fuchengmen North Street, Xicheng District, Beijing, the People's Republic of China (the "PRC") at 9:00 a.m. on Wednesday, 28 April 2021.

As at the date of the EGM, the issued share capital of the Company and total number of Shares entitling the holders to attend and vote on the resolutions proposed at the EGM was 8,036,389,000 Shares, comprising 4,696,360,000 Domestic Shares and 3,340,029,000 H Shares. There were no Shares of the Company entitling the holders to attend and abstain from voting in favour of the resolutions proposed at the EGM pursuant to Rule 13.40 of the Listing Rules and there were no holders of shares required under the Listing Rules to abstain from voting. In addition, no party has stated his or her intention in the Circular to vote against the resolutions proposed at the EGM or to abstain from voting.

Shareholders or their proxies representing a total of 6,959,236,029 Shares with voting rights in the Company, representing approximately 86.596555% of the total issued share capital of the Company as at the date of the EGM, attended the EGM.

- 1 -

The EGM was legally and validly convened in compliance with the requirements of the Company Law of the PRC and the Articles. The EGM was chaired by Mr. Tang Jian, the president of the Company.

POLL RESULTS OF THE EGM

At the EGM, the following resolutions were considered and approved by way of poll, and the poll results of the votes are as follows:

Number of votes cast and percentage of total

Ordinary Resolutions

number of votes cast

For

Against

Abstain

1.

To consider and approve the appointment of

6,789,125,023

170,111,006

20,000

Mr. Tian Shaolin as a non-executive director

(97.555608%)

(2.444392%)

of the Company to fill the vacancy left by

resignation of Mr. Zhang Xiaoliang

2.

To consider and approve the appointment of

6,437,548,728

517,264,301

4,443,000

Mr. Shao Junjie as a supervisor of the Company

(92.562499%)

(7.437501%)

to fill the vacancy left by resignation of Mr. Yu

Yongping

Note: For the purpose of calculating the poll results of the resolutions, only the votes "For" and "Against" shall be regarded as voting rights. The votes "Abstain" shall not be regarded as voting rights.

As the above ordinary resolutions were passed by more than one half of the votes, such resolutions were duly passed as ordinary resolutions.

In compliance with the requirements of the Listing Rules, Computershare Hong Kong Investor Services Limited, the Company's H Share registrar, acted as the scrutineer for the vote-taking at the EGM.

Reference is made to the announcement of the Company dated 19 March 2021 in relation to the election of Ms. Wu Jinmei as an employee representative supervisor of the Company. During the term of office of Ms. Wu Jinmei as an employee representative supervisor of the Company, her remuneration will be implemented in accordance with the remuneration management measures of the Company and with reference to the standard of senior management of the Company, and will consist of two parts, namely the basic salary which shall be paid monthly, and the performance salary which shall be determined based on the performance appraisal. The basic salary of Ms. Wu Jinmei is RMB206,600 per year. As for her performance salary, the remuneration and assessment committee of the Board shall propose the remuneration plan for the year, which shall be considered by the Board and submitted to the general meeting for approval. The Company will disclose the relevant remuneration when it is determined. For the specific remuneration, please refer to the annual reports and

- 2 -

relevant circulars to be published by the Company in due course. Since 19 March 2021, Mr. Ding Yinglong has ceased to be an employee representative supervisor of the Company. Mr. Ding Yinglong has confirmed that he has no disagreement with the Board and the supervisory board of the Company and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

By order of the Board

China Longyuan Power Group Corporation Limited*

Jia Yanbing

Chairman

Beijing, the PRC, 28 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. Jia Yanbing and Mr. Sun Jinbiao; the non-executive directors of the Company are Mr. Liu Jinhuan, Mr. Yang Xiangbin and Mr. Tian Shaolin; and the independent non-executive directors of the Company are Mr. Zhang Songyi, Mr. Meng Yan and Mr. Han Dechang.

  • For identification purpose only

- 3 -

Attachments

  • Original document
  • Permalink

Disclaimer

China Longyuan Power Group Corporation Ltd. published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 10:23:02 UTC.