CGN New Energy Holdings Co., Ltd. (“CGN New Energy”or the “Company”) held its Annual General Meeting (“AGM” or the “Meeting”) in Hong Kong in the morning of May 24, 2017 and reported to shareholders of the Company about the audited consolidated financial statements of the Company, the Report of Directors and Independent Auditor’s Report for the year ended 31 December 2016. A number of resolutions, such as declaring a final dividend for the year 2016, re-election of the directors of the Company (the “Directors”) and granting a general mandate to the Directors to repurchase and issue the Company’s shares were reviewed and passed at the Meeting. Mr. Chen Sui, Chairman of the board of Directors, chaired the Meeting. All resolutions were passed with over 98% of the votes cast in favour of each resolution.

According to resolutions passed at the Meeting, the Company will distribute a final dividend of 0.47 US cents per share (equivalent to 3.64 HK cents per share) for the year ended 31 December 2016 to the registered shareholders of the Company as at 2 June 2017. It was also resolved to re-elect Mr. Chen Sui and Mr. Wu Junfeng as a non-executive Directors and Mr. Leung Chi Ching Frederick, Mr. Fan Ren Da Anthony and Mr. Wang Susheng as an independent non-executive Directors. Shareholders attending the Meeting granted general mandates to repurchase shares of the Company (the “Shares”) of not exceeding 10% of the number of issued Shares and to allot, issue or deal with additional Shares of not exceeding 20% of the number of issued Shares as at the date of the AGM.

Directors and senior management of CGN New Energy have attended the Meeting.