Guodian Technology & Environment : CHANGE OF EMPLOYEE REPRESENTATIVE SUPERVISOR

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國 電 科 技 環 保 集 團 股 份 有 限 公 司

GUODIAN TECHNOLOGY & ENVIRONMENT GROUP CORPORATION LIMITED*

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

(Stock code: 01296)

CHANGE OF EMPLOYEE REPRESENTATIVE SUPERVISOR

The board of supervisors (the "Board of Supervisors") of Guodian Technology & Environment Group Corporation Limited (the "Company") received the written resignation letter from Ms. He Lili ("Ms. He") on 28 December 2019 tendering her resignation as the employee representative supervisor of the Company due to work arrangement. The resignation of Ms. He will take effect upon election of new employee representative supervisor through democratic election process by the Company. Ms. He has confirmed that there is no disagreement between her, the board of directors of the Company (the "Board") and the Board of Supervisors and there are no any other matters in relation to her resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders").

The Board and the Board of Supervisors would like to take this opportunity to express its sincere gratitude to Ms. He for her valuable contributions to the Company during her tenure as an employee representative supervisor.

In accordance with the Company Law of the People's Republic of China and applicable laws and regulations and the articles of association of the Company, the Company held a joint employee meeting on 20 February 2020, in which Ms. Qin Xiangling ("Ms. Qin") was elected as the employee representative supervisor. After the expiry of the public review period of 10 working days (20 February 2020 to 5 March 2020), Ms. Qin was officially elected as the employee representative supervisor of the third session of the Board of Supervisors. The term of office of Ms. Qin will end on the expiry of the term of the third session of the Board of Supervisors. The resignation of Ms. He took effect on 6 March 2020.

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The biographical details of Ms. Qin are set out below:

Ms. Qin Xiangling, aged 48, is currently the head of the Department of Securities Financing and Legal Affairs (the Board of Directors Office) of Guodian Technology & Environment Group Corporation Limited*. Ms. Qin successively served as translator of Tuoketuo Power Plant Preparation and Construction Office of Inner Mongolia Electricity Management Bureau, specialist of Engineering Department of Lake Dai Power Plant and Shangdu Power Plant Preparation and Construction Office of Inner Mongolia Electric Power Company, translator of General Office of Inner Mongolia Power (Group) Co., Ltd., deputy director of General Manager Working Department of Inner Mongolia Energy Investment Company Limited, deputy director of the Leading Group Office of Restructuring of Inner Mongolia Western Natural Gas Co., Ltd., director and office director of Foreign Economic Cooperation Department of Inner Mongolia Energy Investment Company Limited, director of General Office of Inner Mongolia Guodian Energy Investment Company Limited, deputy manager of General Office (the Department of Legal Affairs), deputy manager of the Department of Enterprise Management and Legal Affairs and manager of the Department of Securities Financing and Legal Affairs (the Board of Directors Office) of Guodian Technology

• Environment Group Corporation Limited*. Ms. Qin graduated from North China Electric Power University with a doctorate degree in management majoring in technical economics and management. Ms. Qin is a senior economist.

The annual remuneration of Ms. Qin will be determined by the Shareholders at the general meeting of the Company pursuant to the articles of association of the Company and with reference to the recommendations of the Remuneration and Appraisal Committee of the Board in accordance with its terms of reference and taking into account, among other things, her duties and responsibilities.

Ms. Qin has confirmed that, save as disclosed above, as at the date of this announcement, she (1) has not held any other position in the Company or any of its subsidiaries or any directorships in any other listed companies in the past three years;

1. does not have any relationship with any directors, members of senior management, substantial Shareholders or controlling Shareholders; and (3) does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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Save as disclosed above, the Board is not aware of any other matters required to be disclosed under Rules 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, or any other matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the Shareholders.

By order of the Board

Guodian Technology & Environment Group Corporation Limited*

Mr. CHEN Dongqing

Chairman

Beijing, PRC, 6 March 2020

As at the date of this announcement, the executive Directors of the Company are Mr. Chen Dongqing, Mr. Zhang Jun and Mr. Tang Chaoxiong; the non-executive Directors are Mr. Wang Zhongqu, Mr. Zhang Wenjian, Mr. Gu Yuchun and Mr. Yan Andrew Y.; and the independent non-executive Directors are Mr. Shen Xiaoliu, Mr. Qu Jiuhui, Mr. Xie Qiuye and Mr. Yeung Chi Tat.

• For identification purpose only

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