Techcomp : Announcements and Notices - Change in Auditors

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Yunnan Energy International Co. Limited ථঐ਷ყٰ΅Ϟࠢʮ̡*

(formerly known as "Techcomp (Holdings) Limited ˂ߕ€છٰϞࠢʮ̡ *")

(Incorporated in Bermuda with limited liability)

(Hong Kong Stock Code: 1298) (Singapore Stock Code: T43)

CHANGE OF AUDITORS

This announcement is made by Yunnan Energy International Co. Limited (the "Company") pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board (the "Board") of directors (the "Directors") of the Company announces that Deloitte Touche Tohmatsu ("Deloitte") has resigned as the auditor of the Company with effect from 18 December 2018 due to the Company and Deloitte could not reach an agreement on the audit fee for the financial year ending 31 December 2018. The Board, with the recommendation from the audit committee (the "Audit Committee") of the Board, resolved to appoint Ernst & Young as the new auditor of the Company with effect from 18 December 2018 to fill the casual vacancy following the resignation of Deloitte and to hold office until the conclusion of the next annual general meeting of the Company.

Deloitte has confirmed in writing that there are no matters in relation to its resignation as the auditor of the Company that need to be brought to the attention of the holders of securities (the "Shareholders") or creditors of the Company. Both the Board and the Audit Committee have confirmed that they are not aware of any matters in relation to the change of auditors that need to be brought to the attention of the Shareholders.

The Board would like to express its sincere gratitude to Deloitte for the professional and quality services rendered to the Company in the past years.

By Order of the Board

Yunnan Energy International Co. Limited

Zhang Jincan

Director

Hong Kong, 18 December 2018

As of the date of this announcement, the Board comprises Mr. ZHANG Jincan, Mr. JIANG Wei, Ms. ZHAO Na and Mr. HE Junyu as the executive Directors; and Mr. SHI Fazhen, Mr. KE Kasheng and Ms. JING Pilin as the independent non-executive Directors.

*

For identification purpose only