Beijing Enterprises Clean Energy : SHARE TRANSACTION ISSUE OF SHARES UNDER GENERAL MANDATE AND ACQUISITION OF THE SALE SHARES AND THE SALE LOAN SUPPLEMENTAL ANNOUNCEMENT (in PDF)

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This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01250) SHARE TRANSACTION ISSUE OF SHARES UNDER GENERAL MANDATE AND ACQUISITION OF THE SALE SHARES AND THE SALE LOAN SUPPLEMENTAL ANNOUNCEMENT

Reference is made to the announcement (the "Announcement") of Beijing Enterprises Clean Energy Group Limited dated 5 September 2017 in relation to the Acquisition. Capitalised terms used herein have the same meanings as those defined in the Announcement.

The Company would like to provide Shareholders with additional information about the Acquisition:

1. THE TARGET COMPANY

   Based on the information provided by the Vendors, except for the Property, the Carparks and the Disposed Property, the Target Company does not have any major assets. As at the date of the Agreement, the Property and the Carparks were vacant. As at 31 August 2017, the unaudited total assets of the Target Company is approximately HK$101,446,000, and the unaudited book value of each of the Property and the Carparks is approximately HK$95,697,000 and HK$3,100,000 respectively.

   Vacant possession of the Property and the Carparks will be delivered upon the Completion. The Company intends to lease out the Property and the Carparks to generate rental income for the Group.

2. THE CONSIDERATION SHARES

The Vendors are two individuals. Each of the first Vendor and the second Vendor holds 90% and 10% of the issued share capital of the Target Company, respectively. The Consideration Shares will be allotted and issued to each of the Vendors pro-rata of their respective shareholdings of the Target Company. Accordingly, 864,395,604 Shares and 96,043,956 Shares will be allotted and issued to the first Vendor and the second Vendor respectively. The Consideration Shares will not be subject to any restrictions on subsequent sales.

By Order of the Board

Beijing Enterprises Clean Energy Group Limited Hu Xiaoyong

Chairman

Hong Kong, 8 September 2017

As at the date of this announcement, the Board comprises eight Directors, namely Mr. Hu Xiaoyong, Mr. Shi Xiaobei, Mr. Huang Weihua, Mr. Wang Ye and Mr. Wen Hui as executive Directors; and Mr. Li Fujun, Mr. Xu Honghua and Mr. Chiu Kung Chik as independent non- executive Directors.