China Shuifa Singyes Energy Holdings Limited referring to the announcement dated 19 December 2019 and the overseas regulatory announcement of the Company dated 20 December 2019 in relation to the issuance by the Company of an aggregate principal amount of USD414,931,692 2.00% Cash-Pay and 4.00% Pay-in-Kind Guaranteed Senior Notes due 2022 (Reg S ISIN: XS2068088454/Rule 144A ISIN: XS2068088884/IAI: ISIN: XS2068090435) (the "Notes") and (2) the announcement of the Company dated 8 June 2020 in relation to an offer to purchase for cash the Company's outstanding Notes up to a principal amount of USD70 million and the repurchase of a principal amount of USD77,255,083 of the Notes in the open market. The Tender Offer expired at 4:00 p.m., London time, on 15 June 2020. The Company wishes to announce the results of the Tender Offer to repurchase its outstanding Notes for cash, which commenced on 8 June 2020. As of the Expiration Date, a total of USD 90,788,559 in principal amount of the Notes, representing approximately 22.91% of the total outstanding principal amount of the Notes have been validly tendered and not validly withdrawn pursuant to the Tender Offer. As the tendered amount has exceeded the Maximum Acceptance Amount of USD 70 million initially set and announced in respect of the Tender Offer, the Offeror decided to raise the Maximum Acceptance Amount to USD 90,788,559 and accepted all the validly tendered Notes. The total consideration payable under the Tender in respect of each USD 1,000 in principal amount of Notes validly submitted for tender and accepted for purchase by the Offeror is USD 879.89, which is equal to (i) the Purchase Price of USD 870 per USD 1,000 principal amount of the Notes accepted for purchase, and (ii) Accrued Cash Interest in the amount of USD 9.89 per USD 1,000 principal amount of the Notes accepted for purchase by the Offeror. For the avoidance of doubt, as mentioned in the Announcement, no payment has been made in lieu of accrued PIK Interest (as defined in the Indenture). The total Purchase Price of the Tender Offer is expected to be settled on the Payment Date of 17 June 2020.