Datang Environment Industry Group Co., Ltd. — Capital/Financing Update 2018

Nov 15, 2018

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.

==> picture [47 x 47] intentionally omitted <==

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)

INSIDE INFORMATION ON DOMESTIC REGISTRATION OF DEBT FINANCING INSTRUMENTS AND THE ISSUANCE OF SUPER SHORT-TERM COMMERCIAL PAPER

This announcement is made by Datang Environment Industry Group Co., Ltd. (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

DOMESTIC REGISTRATION OF DEBT FINANCING INSTRUMENTS AND THE ISSUANCE OF SUPER SHORT-TERM COMMERCIAL PAPER

The board of directors (the “ Board ”) of the Company announces that in order to expand financing channels and to satisfy capital requirements, the Company intends to apply to National Association of Financial Market Institutional Investors (“ NAFMII ”) for registration for issuance of Super Short-term Commercial Paper (“ SCP ”), Shortterm Commercial Paper and Medium Term Note and for issuance of SCP in tranches during the registration period, which will depend on subsequent capital requirements and market conditions. In accordance with the Company Law and the Guidelines on the Issuance of Non-Financial Enterprises Super and Short Commercial Paper in the Interbank Bond Market (Trial), the specific plan is set out as below:

1. Registration size: SCP of no more than RMB3 billion, and Short-term Commercial Paper and Medium Term Note of, as aggregated, no more than RMB3 billion and not exceeding 40% of net asset of the Group;

– 1 –

1. Issuance size: SCP of no more than RMB3 billion;

2. Issuance period: The issuance period of each tranche of SCP is 270 days from the issue date, with specific period subject to actual issuance; and

3. Use of proceeds: Proceeds raised will be used to replenish working capital and refinance bank loans of the Company (including its subsidiaries) which fall due and payable.

The following matters will be put to the general meeting for consideration and approval:

1. approve the Company to register with NAFMII for issuance of SCP of no more than RMB3 billion and for issuance of Short-term Commercial Paper and Medium Term Note of, as aggregated, no more than RMB3 billion and not exceeding 40% of net asset of the Group within 24 months after the date of approval by the general meeting, and to issue SCP in tranches during the registration period; and

2. authorise the Board, which then sub-authorise the senior management of the Company, to deal with all matters related to this registration and issuance as they deem appropriate.

GENERAL

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

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

Beijing, the PRC, 15 November 2018

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

• For identification purposes only

– 2 –