Datang Environment Industry Group Co., Ltd. — Board/Management Information 2019

Jul 26, 2019

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Datang Environment Industry Group Co., Ltd.* 大唐環境產業集團股份有限公司

(A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1272)

ANNOUNCEMENT CHANGE OF SENIOR MANAGEMENT, APPOINTMENT OF CHIEF ACCOUNTANT AND RE-DESIGNATION OF DIRECTOR

CHANGE OF DEPUTY GENERAL MANAGER

The board of directors (the “ Board ”) of Datang Environment Industry Group Co., Ltd. (the “ Company ”) announces that Mr. Shen Zhen (“ Mr. Shen* ”) has resigned as the deputy general manager of the Company, with effect from 26 July 2019, due to work rearrangement.

Mr. Shen has confirmed that he has no disagreement with the Board and, there is no other matter in relation to his resignation as the deputy general manager that needs to be brought to the attention of the shareholders of the Company.

The Company and the Board would like to take this opportunity to express its sincere gratitude to Mr. Shen for his contribution to the Company during his tenure as the deputy general manager of the Company.

The Board hereby announces that, it has resolved to appoint Mr. Wang Yanwen (“ Mr. Wang ”) as the deputy general manager of the Company, for a term of three years commencing from 26 July 2019. Pursuant to the articles of association of the Company (the “ Articles ”), Mr. Wang will be subject to re-election and re-appointment upon the expiry of his term of office. The remuneration of Mr. Wang as the deputy general manager of the Company will be determined according to his terms of reference and taking into account his duties and responsibilities in the Company.

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The biographical details of Mr. Wang are set out as follows:

Mr. Wang Yanwen, aged 54, a member of the Communist Party Committee, is a senior engineer with a bachelor’s degree. He has been serving as the secretary of the party committee and deputy general manager of the Company since July 2019. Mr. Wang has over 30 years of extensive experience in the power industry. Prior to joining the Company, Mr. Wang served as an electrical technician of the engineering department, the head of the microwave office, specialized engineer and deputy director of the Communication Branch, as well as director of the communication engineering office of the repair and maintenance engineering division, the Party branch secretary of the heating ventilation department and head of the fuel management department of Shuangyashan Power Plant ( 雙鴨山發電廠 ) from February 1985 to July 1998, head of the general office of Heilongjiang Power Fuel Corporation ( 黑龍江省電力燃料 總公司 ) from July 1998 to February 2004, head of the Heilongjiang transportation office of Datang Power Fuel Co., Ltd. ( 大唐電力燃料有限公司 ) from February 2004 to December 2004, deputy director of the fuel management center of Datang Heilongjiang Power Generation Co., Ltd. ( 大唐黑龍江發電有限公司 ) and deputy general manager of Datang Heilongjiang Power Fuel Co., Ltd. ( 大唐黑龍江電力燃 料有限公司 ) from December 2004 to October 2006, director of the fuel management center of Datang Heilongjiang Power Generation Co., Ltd. and general manager of Datang Heilongjiang Power Fuel Co., Ltd. from October 2006 to March 2010, vice chief economist and director of the fuel management center of Datang Heilongjiang Power Generation Co., Ltd. and general manager of Datang Heilongjiang Power Fuel Co., Ltd. from March 2010 to August 2010, vice chief economist, vice chief economist and director of the ideological and political department as well as deputy secretary of the party committee directly administered by the company and director of the labor union office of Datang Heilongjiang Power Generation Co., Ltd. from August 2010 to January 2015, a member of party committee, head of the discipline inspection committee, chairman of the labor union and head of the discipline inspection committee of Datang Jilin Power Generation Co., Ltd. ( 大唐吉林發電有限公 司 ) from January 2015 to December 2016, deputy director of the fuel management department of China Datang Corporation Ltd. （中國大唐集團有限公司） from December 2016 to December 2017, secretary of the party committee, deputy general manager, chairman and secretary of the party committee of Datang Power Fuel Co., Ltd. from December 2017 to July 2019. Mr. Wang graduated from Harbin Institute of Technology in July 1996 majoring in computer and application.

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As at the date of this announcement, save as disclosed above, Mr. Wang confirmed that (i) he has no relationship with any other directors, supervisors, senior management, substantial shareholders or controlling shareholders of the Company; (ii) he does not hold any other positions within the Company or other members of the Company and its subsidiaries; (iii) he did not hold any directorship of any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (iv) he has no interest or deemed interest in any share or underlying share of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) there are no other matters relating to his appointment that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) or to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Stock Exchange (the “ Listing Rules ”).

The Company and the Board would like to take this opportunity to express their welcome to Mr. Wang in joining the Company.

APPOINTMENT OF CHIEF ACCOUNTANT

The Board is pleased to announce that the Board has resolved, at the 12th meeting of the second session of the Board on 26 July 2019, to approve the appointment of Mr. Chen Song (“ Mr. Chen ”) as the chief accountant of the Company.

The biographical details of Mr. Chen are set out below:

Mr. Chen Song, aged 51, has been serving as the chief accountant and a member of the party committee of the Company since July 2019. Mr. Chen has nearly 30 years of experience in power industry. Prior to joining the Company, Mr. Chen consecutively served as an accountant of financial department of North China Power Institute (華 北電力設計院) from July 1991 to January 1993, an accountant of North China Power Group Co., Ltd. (華北電力集團公司) from January 1993 to January 1998, senior head of financial department, vice director of the funds division and director of property funds division of the financial department of Beijing Datang Power Generation Company Limited (北京大唐發電股份有限公司) from January 1998 to December 2004, plant manager assistant, deputy plant manager and concurrently chief accountant of Beijing Gao Jing Thermal Power Plant (北京高井熱電廠) from December 2004 to December 2006, vice manager, vice general manager and vice director of the financial department of Datang International Power Co., Ltd. (大唐國際發電股份有限公司) from December 2006 to November 2009, general manager and director of phase II construction preparation department of Yunnan Datang International Honghe Power Generation Company Limited (雲南大唐國際紅河發電有限責任公司) from November 2009 to December 2012, director of the financial department of Datang International Power Co., Ltd. from December 2012 to December 2013, and chief accountant and a party committee member of China Datang Corporation Renewable Power Co., Limited (中國大唐集團新能源股份有限公司) from December 2013 to July 2019.

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Mr. Chen graduated from Xiamen University with a bachelor’s degree of economics in accounting in July 1991. He obtained the qualification as a senior accountant in December 2002.

The Board is of the view that Mr. Chen is a suitable candidate for the position of the chief accountant of the Company given his work experience and background mentioned above.

Save as disclosed above, as of the date of this announcement, Mr. Chen (i) does not have any relationship with any directors, senior management, substantial or controlling shareholders of the Company; (ii) does not hold any other directorships in any listed companies in the last three years; (iii) does not hold any other positions in the Company or any of its subsidiaries; and (iv) has no interest in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no other matter that needs to be brought to the attention of the shareholders of the Company in connection with the above appointment.

The Company and the Board would like to extend its welcome to Mr. Chen on his new appointment.

RE-DESIGNATION OF DIRECTOR

The Board hereby announces that Mr. Shen, an executive director of the Company, has been re-designated as a non-executive director of the Company, with effect from 26 July 2019 due to adjustment of work position and his term of office will end on the expiration of the term of the current session of the Board.

Mr. Shen will re-enter into a service contract with the Company after the above-mentioned re-designation. Pursuant to the Articles, Mr. Shen will be subject to re-election and re-appointment upon the expiry of his term of office. Mr. Shen will not receive any remuneration from the Company as a non-executive director of the Company.

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The biographical details of Mr. Shen are set out as follows:

Mr. Shen Zhen, aged 47, was the general manager of the environmental protection branch of the Company from November 2010 to January 2015 and served as a deputy general manager of the Company from January 2015 to July 2019. He served as a secretary to the party committee of the Company from July 2018 to July 2019 and an executive director of the Company from November 2018 to July 2019, and has been serving as a non-executive director of the Company since July 2019, and the secretary of the party committee and deputy general manager of China Datang Corporation Solar Energy Industry Co., Ltd. ( 中國大唐集團太陽能產業有限公司 ) since July 2019. Mr. Shen had approximately 20 years of extensive experience in the power industry. From September 2004 to November 2010, Mr. Shen served successively as the manager of the engineering and project management department, deputy general manager of the desulfurization business department, deputy general manager of cooling technology business department, deputy director (in charge) of the general manager’s working department and director of the engineering management department of China Datang Technologies and Engineering Co., Ltd. ( 中國大唐集團科技工程有限 公司 ). Prior to joining the Company, Mr. Shen was a specialized engineer of Boiler Company of Beijing Electric Power Construction Company ( 北京電力建設公司 鍋爐專業公司 ) from July 1995 to April 2000 and was appointed as the manager of the engineering management department of Guohua Ebara Environmental Engineering Co., Ltd. ( 國華荏原環境工程有限責任公司 ) from April 2000 to September 2004. Mr. Shen graduated from Southeast University ( 東南大學 ) with a bachelor’s degree in thermal power engineering in 1995. He further obtained an MBA degree from Tsinghua University ( 清華大學 ) in 2007. Mr. Shen is an accredited grade-one constructor ( 一級建造師 ) recognized by the Ministry of Construction ( 國家建設 部 ) in March 2005 and a senior engineer recognized by the Beijing Senior Specialized Technique Titles Evaluation Committee of Personnel ( 北京市高級專業技術資格 評審委員會 ) in October 2007.

As at the date of this announcement, save as disclosed above, Mr. Shen confirmed that (i) he has no relationship with any other directors, supervisors, senior management, substantial shareholders or controlling shareholders of the Company; (ii) he does not hold any other positions within the Company or other members of the Company and its subsidiaries; (iii) he did not hold any directorship of any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (iv) he has no interest or deemed interest in any share or underlying share of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) there are no other matters relating to his appointment that need to be brought to the attention of the shareholders of the Company or the Stock Exchange or to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.

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In view of the facts that (i) there was no change in the composition of members of the Board; (ii) all other senior management members of the Company, including general manager, other deputy general managers, and secretary of the Board, are still in service; and (iii) Mr. Wang has replaced Mr. Shen to act as the deputy general manager of the Company, therefore, the Board hereby confirms that the change of deputy general manager and re-designation of director referred in this announcement will not have any adverse impact on the daily operation of the Board and senior management of the Company as well as the business and financial position of the Company.

By order of the Board Datang Environment Industry Group Co., Ltd. * Jin Yaohua Chairman

Beijing, the PRC, 26 July 2019

As of the date of this announcement, the non-executive directors of the Company are Mr. Jin Yaohua, Mr. Liu Chuandong, Mr. Liu Guangming, Mr. Li Yi, Mr. Deng Xiandong and Mr. Shen Zhen; and the independent non-executive directors of the Company are Mr. Ye Xiang, Mr. Mao Zhuanjian and Mr. Gao Jiaxiang.

• For identification purposes only

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