Bloks Group Limited — Capital/Financing Update 2023

Apr 24, 2023

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities referred to herein. The securities referred to herein have not been registered under the United States Securities Act of 1933, as amended (the “ Securities Act ”) and may not be offered, sold or delivered in the United States except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the Company and its management, as well as financial statements. The Company does not intend to make any public offering of securities in the United States.

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Concord New Energy Group Limited

(Incorporated in Bermuda with limited liability)

(Stock Code: 182)

REDEMPTION OF US$90,000,000 10.75% SENIOR NOTES DUE 2023 (ISIN: XS2192432271)

Notice of Redemption Price

This announcement is made by Concord New Energy Group Limited (the “ Company ”) pursuant to Part XIVA of the Securities and Futures Ordinance (Cap. 571) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Reference is made to (i) the announcement of the Company dated September 24, 2020 in relation to, among other things, the offering of US$90,000,000 10.75% senior notes due 2023 (ISIN: XS2192432271, Common Code: 219243227) (the “ Notes ”) by the Company which are guaranteed by certain of its subsidiaries including CCH Investment Limited, China Wind Power (HK) Limited, China Wind Power Holdings Limited, CENTURY CONCORD ENERGY INVESTMENT LIMITED, CENTURY CONCORD HOLDINGS LIMITED, CWP Changtu Wind Power Limited, CWP Energy Holdings Ltd, CWP Enterprises Limited, CWP Holdings Limited, CWP Investment Limited and CWP Taipusiqi Wind Power Limited (collectively, the “ Subsidiary Guarantors ”), and (ii) the announcement of the Company dated March 27, 2023 in relation to the redemption of the Notes (the “ Redemption Announcement ”).

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Further to the Redemption Announcement, the Company further announces that the total redemption price (including accrued and unpaid interest) payable to holders of the Notes on April 26, 2023, being the redemption date, shall be US$92,559,650.

Upon redemption of the outstanding Notes on the Redemption Date, the Notes will be cancelled and subsequently delisted from The Stock Exchange of Hong Kong Limited in accordance with the procedures thereof.

By order of the board Concord New Energy Group Limited Liu Shunxing Chairman

Hong Kong, April 24, 2023

As at the date of this announcement, the Board comprises Mr. Liu Shunxing (Chairman), Ms. Liu Jianhong (Vice Chairperson), Mr. Gui Kai (Chief Executive Officer), Mr. Niu Wenhui, Mr. Zhai Feng and Ms. Shang Jia (all of above are executive Directors), Mr. Wang Feng (who is a non-executive Director), and Mr. Yap Fat Suan, Henry, Dr. Jesse Zhixi Fang, Ms. Huang Jian, Mr. Zhang Zhong and Ms. Li Yongli (who are independent non-executive Directors).

* For identification purposes only

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