CITIC Limited — Capital/Financing Update 2018

Jun 12, 2018

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.

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OVERSEAS REGULATORY ANNOUNCEMENT

(This overseas regulatory announcement is issued pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

The following announcement is released by CITIC Envirotech Ltd. (a subsidiary of CITIC Limited) to Singapore Exchange Limited on 12 June 2018:-

CITIC Envirotech Secured RMB 680 million in Two Industrial Hazardous Waste Treatment Projects in Xinjiang Province, China

Hong Kong, 12 June 2018

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 Song Kangle, Ms Yan Shuqin, Mr Liu Zhuyu, Mr Peng Yanxiang, Mr Liu Zhongyuan, Mr Yang Xiaoping and Mr Wu Youguang; 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 Paul Chow Man Yiu and Mr Shohei Harada.

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CITIC ENVIROTECH LTD

(Company Registration Number: 200306466G)

=============================================================== CITIC Envirotech Secured RMB 680 million In Two Industrial Hazardous Waste Treatment Projects in Xinjiang Province, China

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The Board of Directors (“Board”) of CITIC Envirotech Ltd (“CEL”, “Group” or “Company”) is pleased to announce that the Group has secured two industrial hazardous waste treatment projects in Xinjiang Province, with a total investment amount of RMB 680 million.

The first project is a RMB 650 million Build-Own-Operate (“BOO”) project of a 400,000 tons per year solid waste plant, a 50,000 tons per year hazardous waste plant and a landfill in the Korla Economic and Technological Development Zone (“Korla ETDZ”) in the capital of Bazhou City under the Xinjiang Uygur Autonomous Region. The waste treatment facility is the first in Korla ETDZ and will serve the industries in oil and petrochemical, fine chemicals, cotton, chemical fiber, printing and dyeing, mining and machinery manufacturing located in the 140km[2] industrial zone.

The project will commence immediately and is targeted to be completed by end 2019. A project company will be formed by CEL and Xinjiang Tiansheng Maoyuan Environmental Protection Technology Co., Ltd. (“Xinjiang Tiansheng”) with shareholdings of 60% and 40% respectively, to undertake this project. Xinjiang Tiansheng is a local environmental engineering company with experience in hazardous waste disposal, engineering survey and design and ecological monitoring.

The second project involves the upgrading and operation of an existing hazardous waste treatment facility in Aksu City, Xinjiang Province. The investment for the upgrade is RMB 30 million. The facility is a national hazardous waste and medical waste disposal facility to treat hazardous wastes in southern Xinjiang prefecture and medical wastes for eight counties in the Aksu region.

The design capacity of the hazardous waste treatment facility is 12,600 tons per year, which consists of an incineration plant, a waste treatment plant and a landfill. The project comes with a service concession of 27 years. A project company will be formed by CEL and Wangchao Xinwei Environmental Protection Technology Co., Ltd, with shareholdings of 60% and 40% respectively, to undertake this project.

The new project wins are a recognition of CEL’s capability and technologies in the hazardous waste management sector. CEL secured two hazardous waste treatment projects in Shandong’s Binzhou City and Rizhao City last year valued at RMB 315 million and RMB 240 million respectively. Given the more stringent environmental regulations and favorable policy trend, the hazardous waste management market is poised to expand and will form a key growth driver for the Group.

The capital injection of the above investments is from the proceeds of the recent placement of new ordinary shares in the capital of the Company and bank financing.

The above investments have no material effect on the net tangible assets per share or earnings per share of the Company for the financial year ending 31 December 2018.

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

BY ORDER OF THE BOARD

Lotus Isabella Lim Mei Hua Company Secretary 12 June 2018