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.

ANNOUNCEMENT

UPDATE ON CHANGE OF CONTROLLING SHAREHOLDER

This announcement is made by China Longyuan Power Group Corporation Limited* (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 28 August 2017, 29 August 2017, 11 September 2017 and 4 January 2018 (the "Announcements"). Unless the context requires otherwise, terms defined in the Announcements will have the same meanings when used herein.

On 5 February 2018, the Company was informed by China Guodian Corporation Ltd. ("Guodian Group"), its controlling shareholder, that on 5 February 2018, Guodian Group entered into the Consolidation Agreement between China Energy Investment Corporation Limited and China Guodian Corporation Ltd. with China Energy Investment Corporation Limited ("China Energy").

After the Consolidation, the controlling shareholder of the Company will be changed from Guodian Group to China Energy, while the actual controller remains to be the SASAC.

Guodian Group and the predecessor of China Energy have applied for and the SFC has granted, a waiver pursuant to Note 6(a) to Rule 26.1 of the Takeovers Code of the obligation of China Energy to make a general offer for the shares of the Company which may otherwise arise as a result of the Consolidation.

The Company will pay close attention to the development of the above-mentioned matters and perform its obligation on information disclosure in accordance with the relevant laws and regulations.

The implementation of the Consolidation is subject to the completion of necessary procedures and the obtainment of necessary approvals, ratifications and permissions by competent governmental authorities. There may exist certain uncertainties, thus Shareholders and the potential investors are advised to exercise with due caution when trading in the Shares.

By order of the Board

China Longyuan Power Group Corporation Limited*

Li Enyi

Executive Director and President

Beijing, the PRC, 5 February 2018

As at the date of this announcement, the non-executive directors of the Company are Mr. Qiao Baoping, Mr. Wang Baole, Mr. Luan Baoxing and Mr. Yang Xiangbin; the executive directors are Mr. Li Enyi and Mr. Huang Qun; and the independent non-executive directors are Mr. Zhang Songyi, Mr. Meng Yan and Mr. Han Dechang.

* For identification purpose only

China Longyuan Power Group Corporation Ltd. published this content on 05 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 February 2018 10:39:09 UTC.

Original documenthttp://www.clypg.com.cn/en/upload/Attach/mrbj/3321251315.pdf

Public permalinkhttp://www.publicnow.com/view/955D5F70D5B2605E7C9861497752E8EBA40BB320