CITIC Limited — Capital/Financing Update 2017

Sep 7, 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 [454 x 194] intentionally omitted <==

OVERSEAS REGULATORY ANNOUNCEMENT

Please refer to the attached document dated 7 September 2017 released by CITIC Envirotech Ltd. (a subsidiary of CITIC Limited) to Singapore Exchange Limited in relation to the following:-

Change – Change in Corporate Information: Incorporation of Subsidiary: CITIC Envirotech Urban Water Management (Ningbo) Co., Ltd

Hong Kong, 7 September 2017

As at the date of this announcement, the executive directors of CITIC Limited are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Ms Li Qingping and Mr Pu Jian; the non-executive directors of CITIC Limited are Mr Liu Yeqiao, Mr Song Kangle, Ms Yan Shuqin, Mr Liu Zhuyu, Mr Liu Zhongyuan and Mr Yang Xiaoping; and the independent non-executive directors of CITIC Limited are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Ms Lee Boo Jin, Mr Noriharu Fujita and Mr Paul Chow Man Yiu.

==> picture [517 x 438] intentionally omitted <==

==> picture [176 x 48] intentionally omitted <==

CITIC ENVIROTECH LTD (Company Registration Number: 200306466G)

============================================================

Incorporation Of Subsidiary - CITIC Envirotech Urban Water Management (Ningbo) Co., Ltd

---

The Board of Directors (“Board”) of CITIC Envirotech Ltd (“CEL”, “Group” or “Company”) wishes to announce the incorporation of CITIC Envirotech Urban Water Management (Ningbo) Co., Ltd (“CITIC Ningbo”) in Ningbo City, Zhejiang Province. On 18 May 2017, the Company announced the award of a Build-Transfer project (“Project”) in Feng Hua and CITIC Ningbo, with an initial paid-up capital of RMB 20 million has been incorporated to undertake this project.

The Company, CITIC Oasis and the local government have shareholdings of 60%, 35% and 5% respectively in CITIC Ningbo. The Project involves the investment, design, construction, procurement and commissioning to restore the rivers and its surrounding environment in Feng Hua District, Ningbo City.

The capital injection of RMB 12 million, being CEL’s 60% stake of the total paid up capital of RMB 20 million, is from the proceeds of the issuance of the US$180,000,000 5.45 per cent. senior perpetual securities pursuant to its US$750,000,000 multicurrency perpetual securities issuance programme and bank financing.

The above investment has no material effect on the net tangible assets per share or earnings per share of the Company for the financial year ending 31 December 2017.

None of the directors or controlling shareholders of the Company has an interest, direct or indirect in the above investment.

BY ORDER OF THE BOARD

Lotus Isabella Lim Mei Hua Company Secretary 7 September 2017