CMON Limited — Board/Management Information 2013

Dec 18, 2013

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)

CHANGE OF EXECUTIVE DIRECTOR, AUTHORISED REPRESENTATIVE AND SUPERVISORS

(1) RESIGNATION OF EXECUTIVE DIRECTOR, AUTHORISED REPRESENTATIVE AND SUPERVISORS

The board of directors (the “ Board ”) of the Shenyang Public Utility Holdings Company Limited (the “ Company ”) hereby announces that (i) Mr. Chau Ngai Ming (“ Mr. Chau ”) has tendered his resignation as executive director and authorized representative of the Company due to personal matters; (ii) Mr. Wang Xing Ye (“ Mr. Wang ”) has tendered resignation as supervisor of the fifth session of supervisory committee of the Company (the “ Supervisory Committee ”) due to other business commitments; and (iii) Mr. Qian Fang Fang (“ Ms. Qian ”) has tendered resignation as supervisor of the fifth session of Supervisory Committee due to work reallocation arranged by the Group. The resignation of Mr. Chau took effect from 17 December 2013, while the resignations of Mr. Wang and Ms. Qian will become effective from the date of the upcoming extraordinary general meeting (the “ EGM ”) of the Company when the proposed appointment of new supervisors is approved by the shareholders of the Company.

Each of Mr. Chau, Mr. Wang and Ms. Qian has confirmed that they have no disagreement with the Board and there is no matter relating to his or her resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Chau, Mr. Wang and Ms. Qian for their contribution to the Company during their tenure of services.

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(2) NOMINATION OF EXECUTIVE DIRECTOR, AUTHORISED REPRESENTATIVE AND SUPERVISORS

The Board further announces the nomination of (i) Mr. Yin Zong Chen (“ Mr. Yin ”) as the executive director of the Company of the fifth session of the Board; (ii) Ms. Song Ting Ting (“ Ms. Song ”) as supervisor of the fifth session of the Supervisory Committee; and (iii) Mr. Tang Xian Hua (“ Mr. Tang ”) as supervisor of the fifth session of the Supervisory Committee. Furthermore, the Board proposed to appoint Mr. Ma Zhong Hong, the chairman and the executive Director of the Company, as the authorized representative of the Company.

According to the articles of association of the Company, the appointments of director and supervisors are subject to approval by the shareholders of the Company at the general meeting of the Company. The relevant resolutions will be put forward to the upcoming EGM for the shareholders’ consideration and approval by way of ordinary resolutions.

Biographical details of the proposed executive director and supervisors are as follows:

Yin Zong Chen , 50, graduated from Harbin Institute of Technology (哈爾濱工業大學) with a master degree in Architecture and Civil Engineering Professional. Since 1997 to 2003, Mr. Yin had successively held positions as the general manager, deputy secretary of the party general branch and senior engineer in Shenzhen Shen An Enterprises Limited Company (深圳市深安企業有限公司). From 2003 to 2007, Mr. Yin had successively held positions as the director, general manager and senior engineer in Shenzhen Pan-China Group Company Limited (“ Pan-China Group ”) (深圳泛華工程 集團有限公司). During his tenure of service in Pan-China Group, he has achieved the qualification as a national registered constructor and registered supervision engineer. Mr. Yin is currently served as the general manager in Shenzhen Construction (Group) Company Limited (深圳市建設（集團）有限公司). Mr. Yin has over 20 years’ experience in architecture, civil engineering and infrastructure construction.

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Song Ting Ting , 34, graduated from School of Business and Administration of Shenyang University (瀋陽大學工商管理學院) with a bachelor’s degree in Accounting. Ms. Song is an Intermediate Accountant in the PRC. From 2002 to 2003, Ms. Song worked in Shenyang Gao Yi Air-Conditioning Engineering Company Limited (瀋陽高 逸空調工程有限公司). Ms. Song joined the Group and has worked in the finance department of the Company since October 2003. She has extensive experience in accounting practices, financial management, audit and corporate evaluation.

Tang Xian Hua , 44, graduated from Beijing Normal University (北京師範大學) with a bachelor’s degree in Chinese Language. From 2005 to 2008, Mr. Tang had successively held positions as head of the office and secretary of the board in Shenzhen An Ye Property Holdings Limited (深圳市安業地產控股有限公司). From 2009 to 2011, Mr. Tang served as the chief executive officer in Tianjin Zhong Fang Yong Yang Real Estate Development Company Limited (天津中房雍陽置業發展有限公司). Currently, Mr. Tang works as the deputy general manager of the president business office in Shenzhen Jinma Holdings Group Limited (深圳市金馬控股集團有限公司). Mr. Tang has profound experience in administrative management, human resources management as well as corporate governance.

None of Mr. Yin, Ms. Song and Mr. Tang has any interest, deemed interest or short positions in any shares, underlying shares or debentures of the Company or any of its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance).

Save as disclosed above, none of Mr. Yin, Ms. Song and Mr. Tang held any other positions in the Company or any of its subsidiaries, or any directorship in other listed companies in the last three years, or has any relationships with any directors, senior management members and substantial shareholders of the Company. There is no information relating to Mr. Yin, Ms. Song and Mr. Tang that is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Save as disclosed above, there is no other matter in relation to the appointment of them that needs to be brought to the attention of the shareholders.

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Upon the appointment of Mr. Yin, Ms. Song and Mr. Tang being approved by the shareholders of the Company on the upcoming EGM, each of them will enter into a service contract with the Company. The terms of office of Mr. Yin, Ms. Song and Mr. Tang will be from the date of their appointments being approved at the upcoming EGM until the date of an annual general meeting of the Company for the financial year ending 31 December 2014 to be convened in 2015. Their respective remunerations as executive director and supervisors will be determined by the Remuneration Committee of the Company with reference to their duties and responsibility in the Company and the market benchmark.

By Order of the Board Shenyang Public Utility Holdings Company Limited Ma Zhong Hong Chairman

Shenyang, the PRC, 18 December 2013

As at the date of this announcement, the executive directors of the Company are Mr. Ma Zhong Hong and Mr. Deng Xiao Gang, the non-executive directors are Mr. Huang Zhen Kun and Ms. Zhang Lei Lei and the independent non-executive directors are Mr. Wong Kai Tat, Mr. Wei Jie Sheng and Mr. Yu Guan Jian.

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