PDF《中国电力新能源发展有限公司*》

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China Power New Energy Development Company Limited 中国电力新能源发展有限公司* (incorporated in Bermuda with limited liability) (Stock Code: 0735) ANNOUNCEMENT CHANGE OF EXECUTIVE DIRECTOR The Company announces that Mr. Wang Zhongtang has resigned as an Executive Director with effect from

22 February 2017. As result, Mr. Wang Zhongtang has also vacated his position as the Chairman of the Executive Committee with effect from the same date. The Company further announces that Mr. Wang Fengxue has been appointed as an Executive Director with effect from

22 February 2017. Mr. Wang Fengxue has also been appointed as the Chairman of the Executive Committee with effect from the same date. RESIGNATION OF EXECUTIVE DIRECTOR China Power New Energy Development Company Limited (the "Company") announces that Mr. Wang Zhongtang has resigned as an executive director of the Company ("Executive Director") with effect from

22 February

2017 with a view to devoting more time to his personal business development. As a result, Mr. Wang Zhongtang has also vacated his position as the Chairman of the Executive Committee of the Company (the "Executive Committee") with effect from the same date. Mr. Wang Zhongtang confirmed that he has no disagreement with the board of directors of the Company (the "Board") and there is no matter relating to his resignation as an Executive Director that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the ''Stock Exchange''). The Board wishes to express its appreciation for Mr. Wang Zhongtang's contribution during his term of office. APPOINTMENT OF EXECUTIVE DIRECTOR AND CHAIRMAN OF EXECUTIVE COMMITTEE The Company is pleased to announce that Mr. Wang Fengxue has been appointed as an Executive Director with effect from

22 February 2017. Mr. Wang Fengxue has also been appointed as the Chairman of the Executive Committee with effect from the same date. Mr. Wang Fengxue, aged 53, graduated with a Master's Degree in Power System and Automation from North China Electric Power University and is a senior engineer. He previously served as Chief Engineer of Yuanbaoshan Power Generation Plant* (元宝山发电厂), Director of Chifeng Thermal Power Plant* (赤峰热电厂), Chairman and Party Committee Secretary of Jilin Electric Power Co., Ltd.* (吉林电力股份有限公司), General Manager and Party Committee Secretary of Jilin Energy and Transportation Co.* (吉林省能源交通总公司), General Manager and Deputy Party Organisation Secretary of China Power Investment Corporation Northeast Branch* (中电投东北分公司), General Manager and Deputy Party Committee Secretary of Shandong Nuclear Power Co., Ltd.* (山东核电有 限公司). In July 2015, he was appointed as Party Organisation Member and Deputy General Manager of State Nuclear Power Technology Corporation* (国家核电技术有限公司). In February 2017, he was appointed as a director of the State Nuclear Power Technology Corporation* (国家核电 技术有限公司), taking up the duties of the General Manager. The Company and Mr. Wang Fengxue has entered into a service contract but there is no fixed term of appointment with the Company. He is subject to retirement by rotation and re-election in annual general meeting in accordance with the bye-laws of the Company. Mr. Wang Fengxue is not entitled to any director's fee. As at the date of this announcement, save as disclosed above, Mr. Wang Fengxue (i) does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter