CMON Limited — Board/Management Information 2014

Jan 10, 2014

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)

(1) RE-DESIGNATION OF DIRECTOR AND

(2) NOMINATION OF NON-EXECUTIVE DIRECTOR

(1) RE-DESIGNATION OF DIRECTOR

The board of directors (the “ Board ”) of the Shenyang Public Utility Holdings Company Limited (the “ Company ”) hereby announces that Mr. Huang Zhen Kun (“ Mr. Huang ”), currently a non-executive director, will be re-designated as an executive director of the Company with effect from the date of the upcoming extraordinary general meeting (the “ EGM ”) of the Company.

Mr. Huang, aged 54, was appointed as non-executive director of the Company since June 2013. He graduated from Shenzhen University (深圳大學) majoring in economics. Since graduation, he served as the head of the Construction and Land Planning Bureau of Shenzhen (深圳市基建辦和規劃國土局), the deputy president of Shenzhen Jinma Holdings Company Limited (深圳市金馬控股集團有限公司) and the general manager of Shenzhen Zhaoshang Anye Investment Development Company Limited (深圳招商安 業投資發展有限公司). Mr. Huang has extensive experience in corporate governance and the development of real estate projects. He is currently the general manager of Zhongfang Chaozhou Investment Development Company Limited (中房潮州投資開發有限公司), a wholly-owned subsidiary of the Company.

There will be service contract entered into between the Company and Mr. Huang whereby his proposed term of service will be commenced from the date of the upcoming EGM to the date of an annual general meeting of the Company for the financial year ending 31 December 2014 to be convened in 2015. The appointment of Mr. Huang will be subject to retirement by rotation and re-election in accordance with the Articles of the Company. He will be entitled to a directors’ fee to be determined by the Remuneration Committee of the Company with reference to his duties and responsibility in the Company and the market benchmark.

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Save as disclosed above, Mr. Huang does not hold any other position with the Company or other members of the Group. He did not have any interests in the Shares within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and he did not hold any other directorships in other listed public companies in the last three years.

Save as disclosed above, Mr. Huang has confirmed that there is no other information that is required to be disclosed in accordance with Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and there is no other matter relating to his appointment that needs to be brought to the attention of the shareholders of the Company.

Following the re-designation of Mr. Huang from a non-executive director to an executive director, Mr. Huang will cease to be a member of the Audit Committee of the Company.

The Board wishes to express its gratitude to Mr. Huang for his invaluable contribution to the Company during the tenure of his office as non-executive director.

(2) NOMINATION OF NON-EXECUTIVE DIRECTOR

As disclosed in the announcement of the Company dated 18 December 2013 in relation to the change of director and supervisors, Mr. Yin Zong Chen (“ Mr. Yin ”) was originally nominated as the executive director of the fifth session of Board of the Company. Due to the re-designation of director as mentioned above, the Board would like to nominate Mr. Yin as the non-executive director instead of the executive director of the fifth session of the Board of the Company.

According to the articles of association of the Company (the “ Articles ”), the appointment of director is 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 resolution.

Mr. Yin, aged 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 PanChina 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. From 2009 to 2011, Mr. Yin has successively held positions as the deputy general manager and responsible officer of the contracting division in Shenzhen Construction (Group) Company Limited (深圳市建設（集團）有限公司). He is currently served as the deputy president in Jinma Holding (Group) Company Limited (金馬控股集團有限公司). Mr. Yin has over 20 years’ experience in architecture, civil engineering and infrastructure construction.

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Upon the appointment of Mr. Yin being approved by the Shareholders of the Company on the upcoming EGM, there will be service contract entered into between the Company and Mr. Yin whereby his proposed term of service will be commenced from the date of the upcoming EGM to the date of an annual general meeting of the Company for the financial year ending 31 December 2014 to be convened in 2015. The appointment of Mr. Yin will be subject to retirement by rotation and re-election in accordance with the Articles of the Company. He will be entitled to a directors’ fee to be determined by the Remuneration Committee of the Company with reference to his duties and responsibility in the Company and the market benchmark.

Following the appointment of Mr. Yin as non-executive director on the upcoming EGM, Mr. Yin will be appointed as a member of the audit committee of the Company.

Save as disclosed above, Mr. Yin does not hold any other position with the Company or other members of the Group. He did not have any interests in the Shares within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and he did not hold any other directorships in other listed public companies in the last three years.

Save as disclosed above, Mr. Yin has confirmed that there is no other information that is required to be disclosed in accordance with Rule 13.51(2)(h) to (v) of the Listing Rules and there is no other matter relating to his appointment that needs to be brought to the attention of the shareholders of the Company.

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

Shenyang, the PRC, 10 January 2014

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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