CMON Limited — Capital/Financing Update 2016

Feb 25, 2016

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 ISSUANCE OF NEW DOMESTIC SHARES UNDER GENERAL MANDATE

The Board announces that all conditions precedent under the Subscription Agreements have been fulfilled and the completion of the Subscription took place on 23 February 2016. An aggregate of 144,000,000 Domestic Shares have been issued to the Subscribers at the Subscription Price of RMB1 per Subscription Share pursuant to the terms and conditions of the Subscription Agreements.

Reference is made to the announcement (the “ Announcement ”) of the Company dated 18 December 2015 in relation to the issuance of new domestic shares under the general mandate. Terms defined in the Announcement shall have the same meanings when used herein unless the context requires otherwise.

COMPLETION OF THE SUBSCRIPTION

The Board announces that all conditions precedent under the Subscription Agreements have been fulfilled and the completion of the Subscription took place on 23 February 2016. An aggregate of 144,000,000 Domestic Shares have been issued to the Subscribers at the Subscription Price of RMB1 per Subscription Share pursuant to the terms and conditions of the Subscription Agreements.

To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, each of the Subscribers is an Independent Third Party. None of the Subscribers has become a substantial Shareholder (as defined under the Listing Rules) immediately after the completion of the Subscription. The net proceeds from the Subscription is approximately RMB143,200,000 which is intended to use as general working capital and business investments of the Group.

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EFFECTS ON SHAREHOLDING STRUCTURE

The 144,000,000 Domestic Shares represent approximately 9.80% of the total issued share capital of the Company as at the date of this announcement immediately after completion of the Subscription.

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

Domestic SharesShenzhen Jinma Asset ManagementCompany LimitedOther ShareholdersSubscriber ISubscriber IIH SharesPublic ShareholdersTotal

Immediately beforecompletion of the SubscriptionImmediately aftercompletion of the SubscriptionNumber ofSharesApproximate% of issuedSharesNumber ofSharesApproximate% of issuedShares600,000,00045.27600,000,00040.8390,100,0006.8090,100,0006.13–0.00140,000,0009.5329,900,0002.2633,900,0002.31605,376,00045.67605,376,00041.201,325,376,000100.001,469,376,000100.00By Order of the BoardShenyang Public Utility Holdings Company LimitedZhang Jing MingChairman

Shenyang, the PRC, 25 February 2016

As at the date of this announcement, the executive directors of the Company are Mr. Zhang Jing Ming, Mr. Deng Xiao Gang and Mr. Huang Zhen Kun, the non-executive directors are Mr. Yin Zong Chen and Ms. Li Yu Xiang 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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