The board of directors of Beijing Gas Blue Sky Holdings Limited announced to its shareholders and potential investors that, to its best information, knowledge and belief after having made due enquiries, Beijing Municipal Public Security Bureau of the People's Republic of China has taken criminal compulsory measures against Mr. Cheng, a non-executive Director and deputy chairman of the Board of the Company whose duties have been suspended, pending investigation on certain suspected economic crime(s) relating to the business(es) of the Company. Save as the information above, the Company is not aware of any further information regarding the investigation on Mr. Cheng by the relevant law enforcement authority as at the date of this announcement. The Company will closely monitor the development of the Incident and will actively cooperate with the investigation on Mr. Cheng by the relevant law enforcement authority.