Kong Sun : Electricity Generation Volume for the year of 2017 Substantially Rises 87% Y-on-Y

[For immediate release]

12th January, 2018

Kong Sun's Electricity Generation Volume for the Year of

2017 Substantially Rises 87% Y-on-Y

(12th January 2018 - Hong Kong) Kong Sun Holdings Limited ("Kong Sun" or the "Company", SEHK stock code: 295, which together with its subsidiaries is referred to as the "Group"), which invests in and operates solar power plants, is pleased to announce that, according to the Group's preliminary operating statistics currently available, the solar power plants owned by the Group have generated electricity in an aggregate volume of approximately 1,566,354 megawatt-hour ("MWh") for the year of 2017, representing a substantial increase of approximately 87% as compared to approximately 838,937 MWh for the year of 2016. The total installed capacity of the Group has reached 1,819.3 megawatts as at 31th December 2017.

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Company Profile:

Kong Sun principally engages in the investment and operation of solar power plants projects across various provinces and regions in China. It currently owns grid-connected projects in Shandong, Zhejiang, Jiangxi, Hebei, Inner Mongolia, Shaanxi, Anhui, Gansu, Hubei, Xinjiang, Henan, Shanxi and Jiangsu as well as several solar power plants under development across China.

Kong Sun is a constituent of Shenzhen-Hong Kong Stock Connect List, a constituent of Hang Seng Composite SmallCap Index, and a constituent of MSCI Global Small Cap Indexes - China.

The press release is distributed by Wonderful Sky Financial Group Limited on behalf of Kong Sun Holdings Limited.

For more information, please contact: Wonderful Sky Financial Group Limited

Ms. Jacqueline Wong / Ms. Serana Liu/ Ms. Ronnie Hou Tel: [phone] Email:[e-mail]/[e-mail] / [e-mail]