China Solar Energy : SECOND DEED OF AMENDMENT OF EXCLUSIVITY AND LOAN AGREEMENT

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 SOLAR ENERGY HOLDINGS LIMITED

中國源暢光電能源控股有限公司*

(Provisional Liquidators Appointed) (Incorporated in Bermuda with limited liability) (Stock Code: 155) SECOND DEED OF AMENDMENT OF EXCLUSIVITY AND LOAN AGREEMENT

This announcement is made by China Solar Energy Holdings Limited (Provisional Liquidators Appointed) (the "Company") pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance.

Reference is made to the announcements of the Company dated 22 December 2015 and 14 July 2016 relating to, among others, the Exclusivity and Loan Agreement ("Announcements"). Capitalized terms used herein shall have the same meaning as those defining in the Announcements unless specified otherwise.

On 14 December 2016, the Company and the Investor entered into the second deed of amendment in respect of the Exclusivity and Loan Agreement, pursuant to which, among others, the Company and the Investor agreed to extend the Exclusivity Period to the second anniversary of the Exclusivity and Loan Agreement, i.e. 17 December 2017.

Save for the above and those set out in the deed of amendment in respect of the Exclusivity and Loan Agreement, details of which are disclosed in the announcement of the Company dated 14 July 2016, all other terms of the Exclusivity and Loan Agreement remain unchanged.

* For identification purpose only

At the request of the Company, trading in the Shares on the Stock Exchange was suspended with effect from 1:00 p.m. on 16 August 2013 and will remain suspended until further notice. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

For and on behalf of

China Solar Energy Holdings Limited (Provisional Liquidators Appointed) Stephen Liu Yiu Keung and Andrew Koo Chi Ho

Joint and Several Provisional Liquidators

Hong Kong, 20 December 2016

As at the date of this announcement, the Board comprises Ms. Lam Po Ling Pearl, Mr. Xie Xin Ye and Ms. Yu Kwo as executive Directors.