China Tower : Resignation of Supervisor and Proposed Appointment of Supervisor

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China Tower Corporation Limited

中 國 鐵 塔 股 份 有 限 公 司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 0788)

RESIGNATION OF SUPERVISOR

AND

PROPOSED APPOINTMENT OF SUPERVISOR

China Tower Corporation Limited (the "Company") announces that Ms. Guo Xiaolin ("Ms. Guo") has resigned from her position as a supervisor of the Company (the "Supervisor") with effect from 10 August 2020 by reason of adjustment in work responsibilities. Ms. Guo has confirmed that there is no disagreement with the board of directors of the Company (the "Board") or the supervisory committee of the Company (the "Supervisory Committee") and there is no matter relating to her resignation as the Supervisor that needs to be brought to the attention of the shareholders of the Company. The Board and Supervisor Committee take this opportunity to acknowledge with sincere gratitude Ms. Guo's contributions to the Company during her term of office as a Supervisor.

The Company further announces that Mr. Li Zhangting ("Mr. Li") has been nominated as a Supervisor, and the Supervisory Committee will seek approval for the proposed appointment of Mr. Li as a Supervisor from the shareholders of the Company, effective from the date of approval by the shareholders of the Company at a general meeting to be convened. The term of office of Mr. Li as a Supervisor will end on the date of the expiration of the second session of the Supervisory Committee.

Mr. Li, aged 50, has been the general manager of auditing department of China United Network Communications Group Company Limited since July 2020. He served in China United Network Communications Group Company Limited from January 1999 to July 2020 successively as a deputy manager of operation and finance section, a manager of budget and management section and a deputy general manager of plan and finance department, a deputy general manager of finance department, the general manager of finance department and the general manager of remainder enterprise management department, and the general manager of Hubei Branch. Mr. Li also served as a director of the Company from July 2014 to May 2018. Mr. Li graduated from department of management engineering of Beijing Institute of Posts and Telecommunications (currently known as Beijing University of Posts and Telecommunications) and majored in postal communication management in July 1992. He graduated from department of management engineering of Beijing University of Posts and Telecommunications with a master's degree in economics and majored in transportation economics in May 1995 and received a master's degree in business administration from Tsinghua University in January 2006. Mr. Li is a senior accountant.

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Save as disclosed above, Mr. Li currently does not, nor did he in the past three years, hold any directorships in any listed companies or any other major positions in the Company and its subsidiaries. Mr. Li does not have any relationship with any director, Supervisor, senior management or substantial shareholders of the Company (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules").

In addition, Mr. Li does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong.

Save as disclosed above, there is no other information that is required to be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules nor are there any matters that need to be brought to the attention of the shareholders of the Company.

Subject to the approval of his appointment by the shareholders of the Company at the general meeting, the Company will enter into a service contract with Mr. Li. He will not receive supervisor's remuneration during his term as a Supervisor. A notice of or circular for general meeting which sets out, among other matters, details of the proposed appointment of Mr. Li will be despatched to the shareholders of the Company in due course.

On behalf of the Board

China Tower Corporation Limited

Tong Jilu

Chairman of the Board

Beijing, China, 10 August 2020

As at the date of this announcement, the Board of Directors of the Company comprises:

Executive directors	: Tong Jilu (Chairman of the Board) and
	Gu Xiaomin (General Manager)
Non-executive directors	: Dong Xin, Mai Yanzhou and Zhang Zhiyong
Independent non-executive directors	: Fan Cheng, Tse Yung Hoi and Deng Shiji

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