CMON Limited — Capital/Financing Update 2015

May 5, 2015

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)

COMPLETION OF PLACING OF H-SHARES UNDER GENERAL MANDATE

Placing Agent

高信證券有限公司

Karl-Thomson Securities Company Limited

The Board announces that all conditions precedent under the Placing Agreement have been fulfilled and the completion of the Placing took place on 5 May 2015. An aggregate of 84,080,000 Placing Shares have been successfully placed by the Placing Agent to not less than six Placees at the Placing Price of HK$1.25 per Placing Share pursuant to the terms and conditions of the Placing Agreement.

Reference is made to the announcements (the “ Announcements ”) of the Company dated 29 May 2013, 20 December 2013, 17 June 2014, 30 June 2014, 31 December 2014 and 22 April 2015 in relation to the proposed placing of H-Shares. Terms defined in the Announcements shall have the same meanings when used herein unless the context requires otherwise.

COMPLETION OF THE PLACING

The Board announces that all conditions precedent under the Placing Agreement have been fulfilled and the completion of the Placing took place on 5 May 2015. An aggregate of 84,080,000 Placing Shares, representing approximately 7.61% of the total issued share capital of the Company as at the date of this announcement immediately after completion of the Placing, have been successfully placed by the Placing Agent to not less than six Placees at the Placing Price of HK$1.25 per Placing Share pursuant to the terms and conditions of the Placing Agreement.

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To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, the Placees and their ultimate beneficial owners are third parties independent of the Company and the connected persons of the Company. None of the Placees has become a substantial Shareholder (as defined under the Listing Rules) immediately after the Placing. The net proceeds from the Placing is approximately HK$103.6 million which is intended to use as general working capital of the Group.

EFFECTS ON SHAREHOLDING STRUCTURE

The 84,080,000 Placing Shares represent approximately 7.61% of the total issued share capital of the Company as at the date of this announcement immediately after completion of the Placing.

Set out below is the shareholding structure of the Company immediately before and after completion of the Placing:

Domestic SharesShenzhen Jinma Asset ManagementCompany Limited_(Note 1)_H SharesPublic ShareholdersPlaceesTotal	Immediately beforecompletion of the PlacingNumber ofSharesApproximate% of issuedShares600,000,00058.80419,600,00041.12800,0000.0801,020,400,000100.00	Immediately aftercompletion of the PlacingNumber ofSharesApproximate% of issuedShares600,000,00054.32419,600,00037.9984,880,0007.691,104,480,000100.00

• Note 1: Shenzhen Jinma Asset Management Company Limited is a company incorporated in the PRC and is owned by Mr. Ma Zhong Hong as to 90% and Mr. Lin Wei Cheng as to 10% respectively. Mr. Ma Zhong Hong is an executive director of the Company and chairman of the Board.

Note 2: The Placing Shares were placed by the Placing Agent to not less than six independent Placees and none of the Placees were or became a substantial Shareholder upon completion or as a result of the Placing. Accordingly, the Shares held by the Placees is regarded as being held by the public.

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

Shenyang, the PRC, 5 May 2015

As at the date of this announcement, the executive directors of the Company are Mr. Ma Zhong Hong, Mr. Deng Xiao Gang and Mr. Huang Zhen Kun, the non-executive directors are Mr. Yin Zong Chen and Ms. Zhang Lei Lei and the independent non-executive directors are Mr. Chan Ming Sun Jonathan, Mr. He Qing Jia and Mr. Yu Guan Jian.

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