Comtec Solar : ANNOUNCEMENT RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

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卡姆丹克太陽能系統集團有限公司

Comtec Solar Systems Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 712)

ANNOUNCEMENT

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

The board (the ''Board'') of directors (the ''Directors'', each a ''Director'') of Comtec Solar Systems Group Limited (the ''Company'') announces that Mr. CHAU Kwok Keung (''Mr. Chau'') has tendered his resignation as an executive Director, the chief financial officer of the Company, a member of the corporate governance committee of the Board and a member of the significant payments committee of the Board with effect from 31 January 2020, in order to devote more time on his other business endeavours. Mr. Chau will remain the company secretary and an authorised representative of the Company.

Mr. Chau confirms that he has no disagreements with the Board and there are no matters necessary to be brought to the attention of the shareholders of the Company in respect of his resignation from the abovementioned positions.

The Board takes this opportunity to thank Mr. Chau for his dedication and tremendous contribution to the Company during the tenure of his office.

The Board is in the process of identifying suitable candidates to fill the vacancies arising from Mr. Chau's resignation. The Company will make further announcement in this regard in due course.

By order of the board of

Comtec Solar Systems Group Limited

John Yi Zhang

Chairman

Shanghai, the PRC, 31 January 2020

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As at the date of this announcement, the executive Directors are Mr. John Yi Zhang and Mr. Zhang Zhen, the non-executive Director is Mr. Dai Ji, and the independent non-executive Directors are Mr. Leung Ming Shu, Mr. Kang Sun and Mr. Xu Erming.

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