China Power New Energy Devlpmnt : Announcements and Notices - Announcement-change in Director's Information

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China Power Clean Energy Development Company Limited 中國電力清潔能源發展有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 0735)

ANNOUNCEMENT

CHANGE IN DIRECTOR'S INFORMATION

This announcement is made pursuant to Rule 13.51(2) and Rule 13.51B(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Reference is made to the circular for annual general meeting of China Power Clean Energy Development Company Limited (the "Company", together with its subsidiaries, the "Group") dated 24 May 2018 and the poll results announcement dated 28 June 2018 in relation to, among others, the re-election of Mr. Wong Kwok Tai as an independent non-executive director of the Company at the 2018 annual general meeting.

According to a press release of the Securities and Futures Commission (the "SFC") dated 18 December 2018, the SFC has commenced proceedings in the Market Misconduct Tribunal against CMBC Capital Holdings Limited (known as Mission Capital Holdings Limited ("Mission Capital") when the alleged breach of relevant requirements occurred) for failing to disclose inside information as soon as reasonably practicable. The SFC has also commenced proceedings against six former directors of Mission Capital, including but not limited to its former independent non-executive director and an independent non-executive director of the Company, Mr. Wong Kwok Tai (the "Proceedings").

As the Proceedings do not concern any of the other directors of the Company, the Company or any of its subsidiaries, the Company does not expect the Proceedings to have a material adverse impact on the operations and financial conditions of the Company. The Company will make further announcements as and when appropriate pursuant to the requirements under the Listing Rules.

By order of the Board

China Power Clean Energy Development Company Limited

Wang Binghua

Chairman

Hong Kong, 19 December 2018

As at the date of this announcement, the board of directors of the Company comprises four executive directors, namely Mr. He Hongxin, Mr. Wang Fengxue, Mr. Zhao Xinyan and Mr. Qi Tengyun; two non-executive directors, namely Mr. Wang Binghua and Mr. Zhou Jiong; and four independent non-executive directors, namely Mr. Chu Kar Wing, Dr. Li Fang, Mr. Wong Kwok Tai, and Ms. Ng Yi Kum.