GCL Poly Energy : Announcements and Notices - Voluntary Announcement - Share Purchase Pursuant to Share Award Scheme

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GCL-Poly Energy Holdings Limited 保利協鑫能源控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 3800)

VOLUNTARY ANNOUNCEMENT SHARE PURCHASE PURSUANT TO

SHARE AWARD SCHEME

We refer to the announcement of GCL-Poly Energy Holdings Limited (the "Company") dated 16 January 2017 (the "Announcement") in relation to the adoption of the share award scheme (the "Scheme"). Unless otherwise defined herein, capitalised terms used in this announcement have the same meanings defined in the Announcement.

On 11 June 2018 (the "Date"), the Trustee purchased 50,000,000 Shares from the market to hold on trust for the benefit of the Eligible Persons pursuant to the terms and conditions of the Scheme Rules and the Trust Deed. Details of the Shares purchased on the Date and held by the Trustee on trust are as follows:

Trade date	:	11 June 2018
Settlement date	:	13 June 2018
Total number of Shares purchased	:	50,000,000 Shares
Percentage of the Shares purchased
to the total number of Shares in issue	:	Approximately 0.27%
Average purchase price of each Share	:	Approximately HK$0.8212
Total consideration of Shares purchased	:	Approximately HK$41,207,000
Balance of Shares held by the Trustee	:	272,998,888 Shares

As at the date of this announcement, no Shares have been awarded to any Eligible Persons pursuant to the Scheme. The Board may, from time to time, at its absolute discretion, select any Eligible Persons as Grantees to grant Award, subject to the terms and conditions set out in the Scheme Rule.

By order of the Board GCL-Poly Energy Holdings Limited

Zhu Gongshan

Chairman

Hong Kong, 11 June 2018

As at the date of this announcement, the Board comprises Mr. Zhu Gongshan (Chairman), Mr.

Zhu Zhanjun, Mr. Ji Jun, Mr. Zhu Yufeng, Ms. Sun Wei, Mr. Yeung Man Chung, Charles, Mr.

Jiang Wenwu and Mr. Zheng Xiongjiu as executive directors; Ir. Dr. Raymond Ho Chung Tai, Mr. Yip Tai Him, Dr. Shen Wenzhong and Mr. Wong Man Chung, Francis as independent non-executive directors.