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

Sep 3, 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 ACCEPTANCE BY THE CSRC IN RESPECT OF THE APPLICATION FILES FOR THE PROPOSED ISSUANCE OF A SHARE CONVERTIBLE CORPORATE BONDS BY THE COMPANY

Reference is made to 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. Unless otherwise stated, the terms used herein shall have the same meanings as defined in the Announcement and the Circular.

On 2 September 2021, the Company received from the CSRC the Notice of Acceptance for Administrative Consent Application (No.212270) (the “ Notice of Acceptance ”), pursuant to which, the CSRC has reviewed the relevant files rendered by the Company for administrative consent application for the Issuance of Corporate Bonds Convertible into Shares by the Listed Company, and held that the application files were completely rendered, and therefore decided to accept the administrative consent application.

The Proposed Issuance of A Share Convertible Corporate Bonds is yet subject to authorization from the CSRC. The Company will disclose relevant information in due course based on the development of the relevant matters, and investors are advised to pay attention to investment risks.

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Shareholders and potential investors are advised to exercise caution when dealing in the Shares, and are recommended to seek professional advice if they are in any doubt about their position and as to actions that they should take.

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

Shenzhen, the PRC 3 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 non-executive Directors of the Company are Mr. Ou Yuezhou, Ms. Fu Jie and Mr. Xie Lanjun.

• For identification purposes only

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