CITIC Limited — Capital/Financing Update 2018

Jan 5, 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 5 January 2018:-

Responses to Queries from the Singapore Exchange Securities Trading Limited

Hong Kong, 5 January 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 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.

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CITIC ENVIROTECH LTD (Company Registration Number: 200306466G)

RESPONSES TO QUERIES FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

The board of directors (“ Board ”) of CITIC Envirotech Ltd. (“ Company ”) refers to the following queries raised by the Singapore Exchange Securities Trading Limited (“ SGX-ST ”) on the Company’s announcement on 28 December 2017 (“ Announcement ”) in relation to the proposed placement of 83,216,080 new ordinary shares in the capital of the Company and wishes to provide further information as follows:

All capitalised terms used herein shall, unless otherwise defined herein, bear the meanings ascribed thereto in the Announcement.

SGX-ST Query 1:

Please disclose details on how the Placee(s) were identified and the rationale for placing to them.

Response: Mr. Zhao Fu, Founder and CEO of China InnoVision Capital GP Limited (“ IVC ”), had been a director of the Company from 4 October 2011 to 27 April 2016. Through Mr. Zhao Fu’s contact and relationship with the members of the Board, the Board came to know of IVC and 山东高速光控北京投资基

金管理中心（有限合伙）(Shandong Hi-speed CE Beijing Investment Fund Management Center (Limited Partnership)) (“ Shandong Hi-speed ”).

Both IVC and Shandong Hi-speed share an optimistic long term view of the Company’s performance and therefore sought to jointly invest in the Company. Following discussions with the Board, the Board sought to explore an opportunity of an investment by Shandong Hi-speed and IVC in the Company and accordingly entered into the placement agreement with the Placee (a company owned by both IVC and Shandong Hi-speed) upon agreeing on the terms of the proposed investment.

SGX-ST Query 2:

Please disclose the details of the shareholdings in the Placee(s).

Response: As at the date of this written response, the members of the Placee are Shandong Hi-speed and IVC. Shandong Hi-speed holds a voting interest in the Placee representing 99.5% of all the voting interests in the Placee and IVC holds the remaining 0.5% of the voting interests in the Placee.

SGX-ST Query 3:

Please disclose the details of the beneficial interests in Shandong Hi-speed CE Beijing Investment Fund Management Center (Limited Partnership) and the details of the relevant persons who exercise control over Shandong Hi-speed CE Beijing Investment Fund Management Center (Limited Partnership).

Response:

Shandong Hi-speed is a limited partnership entity incorporated in the People’s Republic of China.

As at the date of this written response, the general partner of Shandong Hi-speed is 山东高速光控产业投资基金管理有限公司 (“ Shandong Hi-speed GP ”), a limited company, which holds 100% of the general partnership voting interests in Shandong Hi-speed, and the limited partners of Shandong Hi-speed are (A) Shandong Hi-speed Group Co., Ltd (“ Shandong Hi-speed Group ”), which holds 88% of the limited partnership voting interests in Shandong Hi-speed; (B) 宜兴光控投资有限公司 (Yixing CE Investment Limited Company) (“ Yixing CE ”) which holds 11% of the limited partnership voting interests in Shandong Hi-speed; and (C) Shandong Hi-speed GP which holds the remaining 1% of the limited partnership voting interests in Shandong Hi-speed.

Shandong Hi-speed is jointly managed by a management investment committee comprising 6 members, of which 3 persons are nominees of Shandong Hi-speed Group with the other 3 persons being nominees of Yixing CE.

As at the date of this written response, the shareholders of Shandong Hi-speed GP are (A) Shandong Hispeed Group, which holds 49% of the voting interests in Shandong Hi-speed GP, (B) Yixing CE, which holds 48% of the voting interests in Shandong Hi-speed GP; and (C) other minority shareholders which hold in aggregate the remaining 3% of the voting interests in Shandong Hi-speed GP.

As at the date of this written response, Shandong Hi-speed Group is wholly owned by Shandong Stateowned Assets Supervision and Administration Commission of the State Council and Yixing CE is wholly owned by China Everbright Limited.

By Order of the Board

Lotus Isabella Lim Mei Hua Company Secretary 5 January 2018