Hong Kong Exchanges and Clearing : VOLUNTARY ANNOUNCEMENT ISSUANCE OF MEDIUM-TERM NOTES BY A SUBSIDIARY

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.

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED*

新 天 綠 色 能 源 股 份 有 限 公 司

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00956)

VOLUNTARY ANNOUNCEMENT

ISSUANCE OF MEDIUM-TERM NOTES BY A SUBSIDIARY

Reference is made to the announcement of China Suntien Green Energy Corporation Limited* (the "Company") dated 27 November 2017 (the "Announcement"), announcing that HECIC New-energy Co., Ltd. ("HECIC New-energy"), a subsidiary of the Company received the Notice of Acceptance of Registration (Zhong Shi Xie Zhu No.[2017] MTN620) (the "Notice of Acceptance of Registration") from the National Association of Financial Market Institutional Investors, pursuant to which HECIC New-energy's registration for issuance of RMB2.0 billion medium-term notes was accepted, and HECIC New-energy was permitted to issue the notes by batch within the term of registration, being two years from the date of the Notice of Acceptance of Registration.

HECIC New-energy recently applied for the issuance of the 2019 first tranche of medium-term notes (the "Medium-TermNotes"). The offering size of the Medium-Term Notes will be RMB300 million and the term will be three years. The notes will be issued at nominal value of RMB100 per unit and coupon rate will be determined by the results of book-building. The proceeds raised from the Medium-Term Notes will be primarily used for repayment of borrowings from financial institutions for the HECIC New- energy and its subsidiaries and improve direct financing ratio and financing structure. The unaudited financial statements of HECIC New-energy for the six months ended 30 June 2019 were prepared in accordance with the generally accepted accounting principles of the People's Republic of China, details of which are attached hereto for reference purpose only.

The Company hereby reminds the investors that, as such application of the Medium-Term Notes depends on the approval of the National Association of Financial Market Institutional Investors, there is currently no guarantee that the Medium-Term Notes can be circulated and transferred in the domestic bond market among banks as expected. Shareholders and potential investors of the Company are advised to exercise caution in dealing in the securities of the Company.

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The Company hereby also reminds the investors that, the unaudited financial statements of HECIC New- energy for the six months ended 30 June 2019 set out in this announcement are based on the unaudited management account and have not been reviewed or audited by the Company's auditors. Investors should not place undue reliance on the aforesaid information and are advised to exercise caution in dealing in the securities of the Company.

By order of the Board of Directors

China Suntien Green Energy Corporation Limited

Mei Chun Xiao

Executive Director and President

Shijiazhuang City, Hebei Province, the PRC, 16 August 2019

As at the date of this announcement, the non-executive directors of the Company are Dr. Cao Xin, Dr. Li Lian Ping, Mr. Qin Gang and Mr. Wu Hui Jiang; the executive directors of the Company are Mr. Mei Chun Xiao and Mr. Wang Hong Jun; and the independent non-executive directors of the Company are Mr. Xie Wei Xian, Mr. Wan Yim Keung, Daniel and Dr. Lin Tao.

• For identification purpose only

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CONSOLIDATED BALANCE SHEET

					Ji Jian Tou Monthly Statement No. 1
Prepared by: HECIC NEW-ENERGY CO., LTD. (Consolidated)	Date: 30 June 2019			Unit: RMB
Items	Line	As at	As at	Items	Line	As at	As at
Item	30 June 2019	31 December 2018	Item	30 June 2019	31 December 2018
CURRENT ASSETS:	1	-	-	CURRENT LIABILITIES:	59	-	-
Cash	2	492,544,702.47	796,597,651.12	Short-term loans	60	1,297,000,000.00	1,135,500,000.00
Clearing settlement funds	3			Loans from central bank	61
Lendings to banks and other	4			Deposits and amounts due to banks	62
financial institutions
Financial assets at fair value	5			Loans from banks and other	63
through profit or loss			financial institutions
Derivative financial assets	6			Financial liabilities at fair value	64
		through profit or loss
Bills receivables	7	28,171,100.00		Derivative financial liabilities	65
Accounts receivables	8	2,115,510,374.43	1,685,827,084.85	Bills payable	66	64,640,000.00	59,640,000.00
Advances to suppliers	9	703,938,714.13	349,512,313.96	Accounts payable	67	998,816,743.40	148,123,913.17
Premium receivables	10			Advances from customers	68
Receivables from reinsurers	11			Financial assets sold under agreements	69
		to repurchase
Reinsurance deposits receivables	12			Handling charges and commission	70
		payables
Interest receivable	13			Accrued salaries, wages and benefits	71	22,491,027.62	2,556,485.23
Dividends receivable	14	21,674,362.06	43,348,724.12	Including: wages payable	72	21,687,600.89	1,351,990.57
Other receivables	15	26,233,632.22	23,114,255.72	Benefits payable	73
Financial assets purchased under	16			Including: Bonus and benefit fund	74
agreements to resell			for staff
Inventories	17	9,697,354.81	13,575,785.76	Tax payables	75	57,134,363.82	40,954,570.35
Including: raw materials	18	9,697,354.81	13,575,785.76	Including: tax payable	76	45,252,721.11	29,389,010.37
Stock inventory (finished products)	19			Interest payable	77	84,841,373.51	53,449,593.61
Assets classified as held for sale	20			Dividends payables	78	35,299,521.85	24,857,240.80
Issued short-term entrusted loan and	21			Other payables	79
repayment			22,447,363.72	1,110,489,651.22
Non-current assets due within one year	22			Dividend payable for reinsurzance	80
Other current assets	23	346,794,692.61	428,081,938.69	Insurance deposits payables	81

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Items

Total current assets

NON-CURRENT ASSETS:

Issued loan and prepayment

Issued long-term entrusted loan and prepayment

Available-for-sale financial assets

Held-to-maturity investments

Long-term receivables

Long-term equity investments

Investment properties

Original price of fixed assets

Less: accumulated depreciations

Net value of fixed assets

Less: provision for fixed assets impairment

Net amount of fixed assets

Construction in progress

Construction materials

Disposal of fixed assets

Biological assets for production use

Oil and gas assets

Intangible assets

Development expenses

Goodwill

Long-term deferred expenses

Deferred income tax assets

Other non-current assets

Total non-current assets

Line	As at	As at	Items	Line	As at	As at
Item	30 June 2019	31 December 2018	Item	30 June 2019	31 December 2018
24	3,744,564,932.73	3,340,057,754.22	Securities trading fees	82
25	-	-	Securities selling fees	83
26			Liabilities classified as held for sale	84
27			Non-current liabilities due within one year	85	1,059,270,044.98	1,079,379,424.05
28			Other current liabilities	86	47,325,376.00	45,055,280.00
29			Total current liabilities	87	3,689,265,814.90	3,700,006,158.43
30			NON-CURRENT LIABILITIES:	88	-	-
31	411,268,700.24	384,488,146.29	Long-term loans	89	7,289,966,398.67	7,087,172,021.56
32			Debentures payables	90	1,700,000,000.00	1,700,000,000.00
33	16,500,455,425.19	15,743,230,722.57	Long-term payables	91	126,875,000.00	271,125,000.00
34	4,359,245,866.96	3,966,752,723.16	Long-term employee benefits payable	92
35	12,141,209,558.23	11,776,477,999.41	Special payables	93
36			Provisions	94
37	12,141,209,558.23	11,776,477,999.41	Deferred income	95	467,999.98	520,000.00
38	1,029,948,052.55	1,475,068,129.12	Deferred income tax liabilities	96
39	11,109,405.48		Other non-current liabilities	97	3,739,473.99	3,931,052.91
40			Total non-current liabilities	98	9,121,048,872.64	9,062,748,074.47
41			Total liabilities	99	12,810,314,687.54	12,762,754,232.90
42			Owner's equity (or shareholder equity):	100	-	-
43	1,954,523,206.95	2,006,590,229.48	Issued share capital (share capital)	101	4,317,300,000.00	4,067,300,000.00
44			Other equity instruments	102
45	2,372,010.00	2,372,010.00	Including: Preferred shares	103
46	8,343,236.61	5,300,641.10	Perpetual bonds	104
47	24,429,633.72	25,759,696.25	Capital reserves	105
48			Less: Treasury shares	106
49	15,583,203,803.78	15,676,056,851.65	Other comprehensive income	107
50			Including: exchange differences on	108
		foreign currency translation
51			Special reserves	109
52			Surplus reserves	110	211,762,901.02	211,762,901.02
53			Provision for general risks	111
54			Undistributed profit	112	924,102,396.78	929,532,733.39

	Items	Line	As at	As at	Items	Line	As at	As at
	Item	30 June 2019	31 December 2018	Item	30 June 2019	31 December 2018
		55			Total equity attributable to owners	113
				of the parent company	5,453,165,297.80	5,208,595,634.41
		56			* Minority interests	114	1,064,288,751.17	1,044,764,738.56
		57			Total owners' equity	115	6,517,454,048.97	6,253,360,372.97
Total assets		58	19,327,768,736.51	19,016,114,605.87	Total liabilities and owners' equity	116	19,327,768,736.51	19,016,114,605.87

Note: Items marked with "*" are specifically used in the consolidated accounting statements; items marked with " " are specifically used by financial enterprises; items

marked with "#" are specifically used by foreign invested enterprises.

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