CMON Limited — Board/Management Information 2019

Mar 1, 2019

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)

SUPPLEMENTAL ANNOUNCEMENT (1) RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER; AND

(2) NOMINATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Reference is made to the announcement of Shenyang Public Utility Holdings Company Limited (the “ Company ”) dated 6 September 2018 (the “ Announcement ”). Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement and the circular (the “ Circular ”) of the Company dated 18 January 2019 incorporating the notice of the extraordinary general meeting (the “ EGM Notice ”) and the accompanying form of proxy (the “ Proxy Form ”).

CLARIFICATION ON THE NAME OF THE NOMINATED EXECUTIVE DIRECTOR

The Company noted an typographical error in the Announcement, pages 11, VI-1 of the Circular, page 1 of the EGM Notice and the Proxy Form and wishes to clarify that the name of the nominated executive director shall be Mr. Chau Ting Yan instead of Mr. Zhou Ting Xin. And his name shall be defined as Mr. Chau instead of Mr. Zhou.

Save for the above, all the information and contents stated in the Announcement, Circular, the EGM Notice and the Proxy Form remains unchanged. The Proxy Form attached to the EGM Notice remain valid.

NOMINATION OF CHIEF EXECUTIVE OFFICER

As mentioned in the Announcement, Mr. Chau Ting Yan (“ Mr. Chau ”) has been nominated as a candidate for election as an executive director and chief executive officer of the Company at the EGM, in replacement of Mr. Deng Xiao Gang (“ Mr. Deng ”), the existing executive director and chief executive officer of the Company.

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Due to his personal reason, Mr. Chau will not be able to act as the chief executive officer of the Company after the resignation of Mr. Deng. His nomination as an executive director of the Company will remain effective and is subject to the Shareholders’ approval at the EGM.

The Board is pleased to announce that Mr. Huang Chunfeng (“ Mr. Huang ”) has been nominated and appointed as the chief executive officer of the Company. His appointment will be effective after the resignation of Mr. Deng.

Biographical details of Mr. Huang is set out as follows:

Mr. Huang, aged 42, obtained a bachelor degree from the School of Finance of Zhengzhou University in 2002, a master degree in Business Administration from the Graduate School of Chinese Academy of Social Sciences in 2013 and a master degree in EMBA from China Europe International Business School (CEIBS) in 2017. From 1998 to 2010, he successively worked in the sub-branch directly under Henan Branch of Industrial and Commercial Bank of China Limited (stock code: 601398) and the Zhengzhou Branch of Shanghai Pudong Development Bank Co., Ltd. (stock code: 600000). From 2010 to 2013, he successively served as vice president of the Xueyuan South Road sub-branch under Beijing Branch of Bank of Shanghai Co., Ltd. (stock code: 601229) and Beijing Dongzhimen sub-branch of Bank of Jiangsu. From 2014 to 2016, he was the general manager of Beijing Guo Tai Zhong Tou Investment Funds Management Co., Ltd.* (國泰中投（北京）投資基金管理有限公司). Since 2016, he has been the chairman of Chuang Xing Yuan Asset Management Co., Ltd.* (創星原 資產管理有限公司). Mr. Huang has extensive experience in the areas of banking, investment and corporate management.

Save as disclosed above, Mr. Huang confirms that (1) he has not held any other directorships in other listed public companies in the past three years, and he does not hold any other major appointments or professional qualifications; (2) he does not hold any position in the Company or any of its subsidiaries; (3) he does not have any relationships with any directors, supervisors, senior management, substantial shareholders or controlling shareholders of the Company and any of its subsidiaries; and (4) as at the date of this announcement, he does not hold any interest in the shares of the Company within the meaning of Part XV of the Hong Kong Securities and Futures Ordinance.

Mr. Huang will enter into a service contract with the Company in respect of his appointment as the chief executive officer. Mr. Huang is appointed for a term of 2 years. He is entitled to a monthly salary of RMB30,000 which was determined by the remuneration committee of the Company with reference to his duties and responsibilities within the Company and its subsidiaries.

Mr. Huang also confirms that there is no other information to be disclosed pursuant to any of the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules, nor is there any other matter relating to his appointment that needs to be brought to the attention of the Shareholders.

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Save as disclosed above, all other information and content set out in the Announcement remain unchanged and shall continue to be valid for all purposes. This supplemental announcement is supplemental to and shall be read in conjunction with the Announcement.

By Order of the Board Shenyang Public Utility Holdings Company Limited Zhang Jing Ming Chairman

Shenyang, the PRC, 1 March 2019

As at the date of this announcement, the executive directors of the Company are Mr. Zhang Jing Ming, Mr. Deng Xiao Gang and Mr. Leng Xiao Rong, the non-executive directors are Mr. Yin Zong Chen and Mr. Ye Zhi E and the independent non-executive directors are Mr. Chan Ming Sun Jonathan, Mr. Guo Lu Jin and Ms. Gao Hong Hong.

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