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CHINA ENVIRONMENTAL TECHNOLOGY HOLDINGS LIMITED

中國環保科技控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 646)

NEW BUSINESS DEVELOPMENT

This announcement is made pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance of the laws of Hong Kong (Cap. 571) and Rule 13.09 of the Rules Governing the Securities on The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of China Environmental Technology Holdings Limited (the "Company", together with its subsidiaries, the "Group") wishes to update the shareholders of the Company that the Group has commenced the business of trading of petrochemical products through a wholly-owned subsidiary, Great Champion Holdings Limited.
At present, the Group is principally engaged in the provision of wastewater treatment services, construction of wastewater treatment plants services, trading of water treatment machineries and eco-environmental protection high-tech integrated projects. The Board believes that such diversification of business can enable the Group to broaden its income stream and is in the interests of the Company and its shareholders as a whole.
The Company will keep the shareholders of the Company and the market informed of any further material development of the Group by way of further announcement as and when appropriate.

By Order of the Board

CHINA ENVIRONMENTAL TECHNOLOGY HOLDINGS LIMITED

Li Wang Hing, Nelson

Company Secretary

Hong Kong, 31 March 2014

As at the date of this announcement, the executive directors are Mr. Xu Zhong Ping, Mr. Pan Yutang, Mr. Zhang Fang Hong, and Mr. Xu Xiao Yang; the non-executive directors are Mr. Ge Ze Min and Mr. Ma Tianfu; and the independent non-executive directors are Mr. Wong Kam Wah, Mr. Xin Luo Lin, Professor Zhu Nan Wen and Professor Zuo Jiane.

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