Zhejiang Tengy Environmental Technology Co., Ltd — Proxy Solicitation & Information Statement 2021

Jun 29, 2021

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.

浙江天潔環境科技股份有限公司 Zhejiang Tengy Environmental Technology Co., Ltd

(a joint stock company established in the People’s Republic of China with limited liability) (Stock Code: 1527)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “ EGM ”) of Zhejiang Tengy Environmental Technology Co., Ltd (the “ Company ”) will be held at the Company’s conference room, TENGY Industrial Park, Paitou Town, Zhuji City, Zhejiang Province, the People’s Republic of China (the “ PRC ”) on Friday, 30 July 2021 at 10:00 a.m. for the purposes of considering and, if thought fit, passing with or without amendments the following resolution:

ORDINARY RESOLUTION

” THAT :

• (A) the agreement dated 8 June 2021 entered into between the Company as purchaser and 天 潔集團有限公司 (for transliteration purpose only, Tengy Group Limited) as vendor in relation to the acquisition of 40% equity interest of 浙江天潔磁性材料股份有限公司 (for transliteration purpose only, Zhejiang Tianjie Magnetic Materials Co., Ltd.) for the total consolidation of RMB68,000,000 upon and subject to the terms and conditions as set out therein (the “ Agreement ”) (a copy of which is tabled at the meeting and marked “A” and initialed by the chairman of the meeting for identification purpose) and the transactions contemplated thereunder and the implementation thereof be and are hereby approved, confirmed and ratified; and

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• (B) any one or more director(s) of the Company be and is (are) hereby authorised for and on behalf of the Company to execute all such other documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the Agreement and the transactions contemplated thereunder and the implementation thereof.”

By order of the Board Zhejiang Tengy Environmental Technology Co., Ltd BIAN Yu Chairman

Zhuji City, Zhejiang Province, the PRC, 29 June 2021

Notes:

• (i) A member of the Company (“ Member ”) entitled to attend and vote at the Meeting is entitled to appoint a proxy or proxies to attend and vote in his stead. A proxy need not be a Member. A form of proxy for use at the Meeting is enclosed herewith. In the case of joint holders of any domestic share(s) (“ Domestic Share(s) ”) or H share(s) (“ H Share(s) ”) of the Company (collectively, “ Share(s) ”), only the person whose name appears first in the register of members shall be entitled to receive this notice, to attend and exercise all the voting powers attached to such Share(s) at the Meeting, and this notice shall be deemed to be given to all joint holders of such Share(s).

• (ii) To be valid, the form of proxy together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of that power of attorney or authority must be deposited with the Company’s H share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong, and in case of holders of domestic shares of the Company, to the Company’s mailing address at TENGY Industrial Park, Paitou Town, Zhuji City, Zhejiang Province, the PRC, not later than 24 hours before the time appointed for holding the Meeting or any adjournment thereof or the time appointed for passing the resolution. Delivery of the form of proxy shall not preclude a Member from attending and voting in person at the Meeting and, in such event, the instrument appointing a proxy shall be deemed to be revoked.

• (iii) The H Share register of members of the Company in Hong Kong will be closed from Tuesday, 27 July 2021 to Friday, 30 July 2021, both days inclusive, during which period no transfer of H shares of the Company will be effected. For the identification of Shareholders eligible to attend and vote at the Meeting, all transfer documents accompanied by the relevant share certificates must be lodged with the Company’s H share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong not later than 4:30 p.m. on Monday, 26 July 2021.

As at the date of this notice, the executive directors of the Company are Mr. BIAN Yu, Mr. BIAN Weican and Ms. BIAN Shu; the non-executive directors of the Company are Mr. BIAN Jianguang, Mr. CHEN Jiancheng and Mr. ZHU Xian Bo; and the independent non-executive directors of the Company are Mr. ZHANG Bing, Mr. FUNG Kui Kei and Mr. LI Jiannan.

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