CMON Limited — Capital/Financing Update 2017

Jan 20, 2017

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)

CSRC APPROVAL ON ISSUANCE OF H-SHARES UNDER GENERAL MANDATE

This announcement is made by the Company pursuant to Part XIVA of the Securities and Futures Ordinance and Rules 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange.

On 20 January 2017, the Company has received a formal approval dated 11 January 2017 from China Securities Regulatory Commission (中國證券監督管理委員會) (the “ CSRC ”) that the Company is approved to place no more than 121,075,200 new H-Shares (the “ New H-Shares ”), under the General Mandate (the “ Placing ”). The formal approval will expire after twelve months upon the date of approval. The Board will proceed the Placing according to the requirements of formal approval from the CSRC and the Listing Rules subject to the market conditions.

As the Company has not entered into any arrangement to issue, allot and deal with the New H-Shares, the Placing may or may not proceed, Shareholders and potential investors are reminded to exercise caution when dealing in the Shares.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following expressions shall have the following respective meanings.

“Board” the board of Directors “Company” Shenyang Public Utility Holdings Company Limited, a joint stock limited company incorporated in the PRC and whose H Shares are listed on the main board of the Stock Exchange

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• “Director(s)” means the director(s) of the Company “Domestic Share(s)” domestic share(s) with a nominal value of RMB1 each in the share capital of the Company which are subscribed for in RMB

• “Domestic Shareholder” The holders of the Domestic Share(s)

• “General Mandate” the general mandate granted to the Directors by the Shareholders at the annual general meeting of the Company held on 15 June 2016, pursuant to which the Directors are authorised to allot, issue and deal with each of the H-Shares and Domestic Shares with an aggregate nominal amount of up to but not exceeding 20% of the then aggregate nominal amount of H-Shares and Domestic Shares, respectively

• “H-Share(s)” overseas listed foreign ordinary shares in the share capital of the Company, with a nominal value of RMB1.00 each, all of which are listed on the main board of the Stock Exchange, and subscribed for and traded in Hong Kong dollars

• “H-Shareholders” the holder of H-Shares

• “Share(s)” H-Share(s) and Domestic Share(s)

• “Shareholder(s)” holder(s) of the Shares

• “Stock Exchange” The Stock Exchange of Hong Kong Limited

By order of the board of Shenyang Public Utility Holdings Company Limited Zhang Jing Ming Chairman

Shenyang, the People’s Republic of China, 20 January 2017

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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