Dynagreen Environmental Protection Group Co., Ltd. — Capital/Financing Update 2021

Sep 15, 2021

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綠色動力環保集團股份有限公司 Dynagreen Environmental Protection Group Co., Ltd. (a joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 1330)*

ANNOUNCEMENT RELATING TO RECEIPT OF THE NOTICE ON FIRST FEEDBACK ON THE REVIEW OF THE ADMINISTRATIVE CONSENT ITEM FROM THE CSRC

Reference is made to (i) the announcement dated 23 July 2021 (the “ Announcement ”) and the circular dated 6 August 2021 (the “ Circular ”) of Dynagreen Environmental Protection Group Co., Ltd. (the “ Company ”) in relation to, among others, the Proposed Issuance of A Share Convertible Corporate Bonds; and (ii) the announcement dated 3 September 2021 in relation to acceptance by the CSRC in respect of the application files for the proposed issuance of A share convertible corporate bonds by the Company. Unless otherwise stated, the terms used herein shall have the same meanings as defined in the Announcement and the Circular.

On 14 September 2021, the Company received the Notice on First Feedback on the Review of the Administrative Consent Item from the CSRC (Acceptance No.: 212270) issued by China Securities Regulatory Commission (“ CSRC ”), pursuant to which the CSRC has reviewed the application files for administrative consent for the issuance of A share convertible corporate bonds submitted by the Company and the Company is required to give written descriptions and explanations on relevant issues and submit the reply in writing to the administrative consent acceptance department of the CSRC within 30 days.

The Company and relevant intermediaries will disclose the feedback by way of temporary announcement upon finalization of relevant issues item by item in accordance with the requirements under the abovementioned notice, and submit the reply files to the administrative consent acceptance department of the CSRC within the specified period.

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As the issuance of A share convertible corporate bonds by the Company is yet subject to authorization from the CSRC and there is uncertainty over the authorization, investors are advised to pay attention to investment risks. The Company will discharge the information disclosure obligations in strict accordance with relevant provisions based on the progress of the approval.

By order of the Board Dynagreen Environmental Protection Group Co., Ltd.* Qiao Dewei Chairman

Shenzhen, the PRC 15 September 2021

As at the date of this announcement, the executive Directors of the Company are Mr. Qiao Dewei, Mr. Hu Shengyong and Ms. Zhong Xia; the non-executive Directors of the Company are Mr. Liu Shuguang, Mr. Cheng Suning and Mr. Zhang Zhenhai; and the independent nonexecutive Directors of the Company are Mr. Ou Yuezhou, Ms. Fu Jie and Mr. Xie Lanjun.

• For identification purposes only

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