China Carbon Neutral Development Group Limited — M&A Activity 2017

May 29, 2017

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.

==> picture [279 x 36] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1372)

VOLUNTARY ANNOUNCEMENT POTENTIAL ACQUISITION

This announcement is made by Bisu Technology Group International Limited (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the “ Board ”) of directors (the “ Directors ”) of the Company would like to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that the Company is in discussion with an independent third party, in relation to the potential acquisition of a company that is principally engaged in the business of manufacturing automobile engines in the People’s Republic of China (the “ Potential Acquisition ”). The Potential Acquisition, if materialised, may constitute a notifiable transaction of the Company under the Listing Rules.

As at the date of this announcement, no material terms concerning the Potential Acquisition have been agreed and the Company has not entered into any definitive agreement in relation to the Potential Acquisition. The Board will make further announcement as and when necessary in compliance with the Listing Rules and applicable laws.

– 1 –

The Potential Acquisition may or may not materialise. Shareholders and potential investors are reminded to exercise caution when dealing in the securities of the Company.

By order of the Board Bisu Technology Group International Limited Lo Kin Ching Joseph Chairman

Hong Kong, 29 May 2017

As at the date of this announcement, the executive Directors are Mr. Lo Kin Ching Joseph, Mr. Wong Hin Shek and Mr. Xing Bin; and the independent non-executive Directors are Ms. Chu Yin Yin, Georgiana, Mr. Yip Tai Him and Mr. Chan Kai Wing.

– 2 –