Xizang Zhihui Mining Co., Ltd. — Proxy Solicitation & Information Statement 2010

Apr 12, 2010

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(a joint stock limited company incorporated in the People’s Republic of China)

(Stock Code: 1133)

Form of proxy for use at the Annual General Meeting

Number of shares relevant to this form [(note][1)]

domestic shares/H shares*

I/We [(note][2)]

of

holding the Company’s domestic shares/H shares*

and being the shareholder of Harbin Power Equipment Company Limited (“the Company”), hereby appoint [(note][3)] the chairperson of the meeting/ as my/our proxy to attend for me/us at the Annual General Meeting (“the Annual General Meeting”) (or at any adjournment thereof) of the Company to be held at Conference Room, 17/F, Block B, 39 Sandadongli Road, Xiangfang District, Harbin, Heilongjiang Province, the People’s Republic of China on Thursday, 3rd June, 2010 at 9:00 a.m. to vote for resolutions at the Annual General Meeting according to the indication below, and, if no such indication is given as my/our proxy thinks fit.

RESOLUTIONSFOR(note 4)AGAINST(note 4)AS ORDINARY BUSINESS1.To consider and approve the Report of the Directors of the Company for theyear ended 31st December, 2009;2.To consider and approve the Report of the Supervisory Committee of theCompany for the year ended 31st December, 2009;3.To consider and approve the audited accounts and the auditor’s report of theCompany for the period from 1st January, 2009 to 31st December, 2009;4.To declare the 2009 dividend of Rmb0.068 per share.AS SPECIAL BUSINESS5.To authorize the Board of Directors of the Company to appoint any person tofill in a casual vacancy in the Board of Directors or as an additional director,his term of office shall expire at the conclusion of the next general meeting ofthe Company;6.To authorize the Board of Directors of the Company to determine theappointment of auditors and authorize the Board of Directors of the Companyto fix their remuneration.

• Delete the inappropriate.

Date:

2010 Signature [(note][5)]

NOTES:

1. Please insert the number of shares registered in your name(s) to which the form of proxy is to relate. If no number is inserted, this form of proxy will be deemed to be related to all the shares of the Company registered in your name(s).

2. Full name(s) and address(es) must be inserted in BLOCK CAPITALS .

3. If you wish to appoint a proxy other than the chairperson of the meeting, you must delete the words “the chairperson of the meeting” and insert the name(s) and address(es) of the one or more proxies desired in the space provided. If it is left blank, the chairperson of the meeting shall be deemed to have been appointed as your proxy. A member is entitled to appoint one or more proxies to attend and vote on the meeting. The proxy or proxies appointed by you need not be a member of the Company. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT .

4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY ONE OF THE RESOLUTIONS, PLEASE INDICATE WITH A TICK IN THE RELEVANT BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY OF THE RESOLUTIONS, PLEASE INDICATE WITH A TICK IN THE BOX MARKED “AGAINST”. FAILURE TO INDICATE WHICH WAY YOU WISH YOUR VOTE TO BE CAST WILL ENTITLE YOUR PROXY TO CAST YOUR VOTE AT HIS DIRECTION . Your proxy or proxies will be entitled to vote at his or her discretion on any resolution properly put to the Annual General Meeting or any adjournment thereof other than those referred to in the notice convening such meeting.

5. This form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be under its common seal or under the hand of an officer or attorney duly authorized in writing.

6. A proxy shall be appointed by a written instrument signed by the appointer or its attorney. If this form of proxy is signed by the attorney of the appointer, the power of the attorney or other authorization document(s) of such attorney should be notarized. In order to be valid, this form of proxy, together with the duly notarized power of attorney or other document of authority under which is signed must be lodged at the office address or the registered office of the Company, not less than 24 hours before the time appointed for holding the Annual General Meeting or not less than 24 hours before the time appointed for taking the poll.

7. Where there are joint holders of any share of the Company, any one of such persons may vote at the Annual General Meeting, either personally or by proxy, in respect of such shares as if he was solely entitled thereto provided that if more than one of such joint holders be present at the meeting personally or by proxy, the person whose name stands first on the register of members in respect of such share shall alone be entitled to vote in respect thereof.

8. Completion and return of the form of proxy will not preclude a member from attending and voting in person at the Annual General Meeting or at any adjournment thereof if he so wishes, in the event that he attends the Meeting, his form of proxy will be deemed to have been revoked.