CMON Limited — Board/Management Information 2011

Sep 21, 2011

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.

瀋陽公用發展股份有限公司 Shenyang Public Utility Holdings Company Limited

(a joint stock limited company incorporated in the People’s Republic of China)

(Stock code: 747)

APPOINTMENT OF JOINT COMPANY SECRETARIES

The Board is pleased to announced that Mr. Wang Zai Xing and Mr. Chow Cheuk Lap have been appointed as the joint company secretaries of the Company with effect from 14 September 2011.

APPOINTMENT OF JOINT COMPANY SECRETARIES

The board of directors (the “ Board ”) of Shenyang Public Utility Holdings Company Limited (the “ Company ”) is pleased to announce that Mr. Wang Zai Xing (“ Mr. Wang ”) and Mr. Chou Cheuk Lap (“ Mr. Chow ”) have been appointed as the joint company secretaries of the Company with effect from 14 September 2011.

Mr. Wang currently does not possess the requisite qualifications as required under Rules 8.17 and 19A.16 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). In this regard, the Company has made an application to The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) for, and the Stock Exchange has granted to the Company on 8 September 2011, a waiver from strict compliance with the requirements under Rules 8.17 and 19A.16 of the Listing Rules in relation to the appointment of Mr. Wang as the joint company secretary of the Company for an initial period of three years, on the conditions that Mr. Wang will be assisted by and work closely with Mr. Chow, who is fully comply with the requirements set out under Rule 8.17 of the Listing Rules. Mr. Chow will assist and guide Mr. Wang in gaining the relevant experience as required under the Rule 8.17(3) of the Listing Rules so as to discharge his duties as a joint company secretary of the Company. Moreover, Mr. Wang will attend at least 15 hours of the training courses every year to be conducted by the Stock Exchange, the Hong Kong Institute of Chartered Secretaries or other recognized professional bodies. At the end of the waiver period, the Company should demonstrate to the Stock Exchange that Mr. Wang, with the qualified person’s assistance, would have acquired the relevant experience under Rule 8.17(3) of the Listing Rules so that the Company will not require a further waiver.

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Mr. Chow, aged 56, is a solicitor qualified to practice in Hong Kong and is currently a partner of a local law firm namely Chow C.L.& Macksion Chan. Mr. Chow has obtained a bachelor’s degree in economics from the University of London. He has extensive experience in corporate governance of listed companies in Hong Kong.

Mr. Wang, aged 41, graduated from Beijing Forestry University (北京林業大學) in 1993, majoring in statistics and obtained a bachelor’s degree in statistics. Since 1999 to 2002, he had been a deputy financial manager of Beijing Beida Jade Bird Universal Sci-Tech Company Limited (Stock Code: 8095) which is listed company in Growth Enterprise Market of the Stock Exchange of Hong Kong. With reference to Mr. Wang’s track record, he possesses extensive experience in corporate reorganization, asset appraisal and auditing. Mr. Wang is also currently an executive director and the financial controller of the Company.

The Board would like to express its warmest welcome to Mr. Wang and Mr. Chow for taking up the appointment.

By Order of the Board Shenyang Public Utility Holdings Company Limited An Mu Zong Chairman

Shenyang, PRC, 21 September 2011

As at the date of this announcement, the executive directors of the Company are Mr. An Mu Zong, Mr. Wang Zai Xing, Mr. Alex Chow Ka Wo and Mr. Wang Hui, the non executive director is Mr. Bao Yi Qiang and the independent non-executive directors are Mr. Cai Lian Jun, Mr. Wong Kai Tat and Mr. Chan Ming Sun Jonathan.

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