Putian Communication : VOLUNTARY ANNOUNCEMENT - SUCCESSFUL BIDDING FOR A CENTRALISED PROCUREMENT PROJECT OF A MAJOR TELECOMMUNICATION NETWORK OPERATOR

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Putian Communication Group Limited

普天通信集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1720)

VOLUNTARY ANNOUNCEMENT

SUCCESSFUL BIDDING

FOR A CENTRALISED PROCUREMENT PROJECT OF

A MAJOR TELECOMMUNICATION NETWORK OPERATOR

This is a voluntary announcement made by Putian Communication Group Limited (the "Company", together with its subsidiaries, the "Group").

China Telecom Corporation Limited published the bidding results notice of its centralised procurement project of multicore and symmetrical pair cables for digital communications for 2020 (the "Project") on 7 August 2020 (the "Publicity Notice") on the China Telecom Sunshine Procurement Website* (中國電信陽光採購網). The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that Putian Cable Group Co., Ltd*（ 普天綫纜集團有限公司）("Putian Cable"), a wholly-owned subsidiary of the Company, is one of the successful bidders.

According to the Publicity Notice, Putian Cable ranked second amongst all successful bidders and its total bidding amount (including value-added tax) of the Project is approximately RMB519.8 million. Pursuant to the bidding document of the Project, the second successful bidder will be awarded 19%-21% of the total procurement price of the Project, representing an amount of approximately RMB98.8 million to RMB109.2 million. The Board is of the view that the successful bidding will have a positive impact on the Group's future business performance.

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Shareholders of the Company and potential investors are advised to exercise caution in making decisions and take precautions against investment risks in dealing the shares of the Company.

• For identification purpose only

By order of the Board

Putian Communication Group Limited

WANG Qiuping

Chairlady

The PRC, 11 August 2020

As at the date of this announcement, the Board comprises Ms. Wang Qiuping, Mr. Zhao Xiaobao and Ms. Zhao Moge as executive Directors; and Ms. Cheng Shing Yan, Mr. Liu Guodong and Mr. Xie Haidong as independent non-executive Directors.

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