China Singyes Solar Technologies : NOTICE OF RESULTS OF THE SCHEME MEETING

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.

China Singyes Solar Technologies Holdings Limited

中國 興 業太 陽 能 技術 控 股 有 限公 司

(incorporated in Bermuda with limited liability)

(Stock Code: 750)

NOTICE OF RESULTS OF THE SCHEME MEETING

Terms used in this Notice have the same meaning as in the explanatory statement dated 1 November 2019 (the "Explanatory Statement") relating to the proposed scheme of arrangement under sections 670 to 674 of the Companies Ordinance (Cap. 622) of Hong Kong between China Singyes Solar Technologies Holdings Limited (the "Company") and the Scheme Creditors (the "Hong Kong Scheme") and the proposed scheme of arrangement under section 99 of the Companies Act 1981 of Bermuda between the Company and the Scheme Creditors (the "Bermuda Scheme"). Reference is made to the notice of Scheme Meeting dated 1 November 2019 issued by the Company.

Pursuant to the orders of the Supreme Court of Bermuda dated 30 October 2019 and the High Court of Hong Kong dated 31 October 2019, the Scheme Meeting was duly held on 25 November 2019. The Scheme Creditors present and voting (in person and/or by proxy) at the Scheme Meeting unanimously passed a resolution approving the Hong Kong Scheme and the Bermuda Scheme.

For the Schemes to become legally binding, among other things, the Supreme Court of Bermuda must sanction the Bermuda Scheme at a hearing (the "Bermuda Sanction Hearing") and the High Court of Hong Kong must sanction the Hong Kong Scheme at a hearing (the "Hong Kong Sanction Hearing").

- 1 -

Notice is hereby given that: (i) the Bermuda Sanction Hearing shall take place at 9:30 p.m. (Hong Kong time) on 4 December 2019 / 9:30 a.m. (Bermuda time) on 4 December 2019 at Commercial Court, 2nd Floor, Government Administration Building, 30 Parliament Street, Hamilton HM 12, Bermuda; and (ii) the Hong Kong Sanction Hearing shall take place at 10:00 a.m. (Hong Kong time) on 5 December 2019 / 10:00 p.m. (Bermuda time) on 4 December 2019 at High Court Building, 38 Queensway, Hong Kong. All Scheme Creditors are entitled to attend the Bermuda Sanction Hearing and the Hong Kong Sanction Hearing in person or through legal representatives to support or oppose the sanction of the relevant Schemes.

By order of the Board

China Singyes Solar Technologies Holdings Limited

Liu Hongwei

Chairman

Hong Kong, 25 November 2019

As at the date of this announcement, the executive Directors are Mr. Liu Hongwei (Chairman), Mr. Xie Wen and Mr. Xiong Shi, the non-executive Directors are Dr. Li Hong and Mr. Zhuo Jianming, and the independent nonexecutive Directors are Dr. Wang Ching, Mr. Yick Wing Fat, Simon and Dr. Tan Hongwei.

- 2 -