Huadian Fuxin Energy : SUPPLEMENTARY ANNOUNCEMENT IN RELATION TO THE 2019 ANNUAL REPORT

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

(Stock Code: 00816)

SUPPLEMENTARY ANNOUNCEMENT

IN RELATION TO THE 2019 ANNUAL REPORT

Reference is made to the annual report for the year ended 31 December 2019 (the "2019 Annual Report") issued by Huadian Fuxin Energy Corporation Limited (the "Company") dated 23 April 2020. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the 2019 Annual Report.

In addition to the information provided in the 2019 Annual Report, the board of directors of the Company (the "Board") hereby provides additional information in relation to the breakdown of the other operating expenses of the Group.

Other operating expenses
	2019	2018
	RMB' 000	RMB' 000
Impairment loss provision	610,875		9,014
Including:
- property, plant and equipment	483,679		4,346
- inventories obsolescence	6,506		-
- prepayments and other current assets	90,134		1,194
- trade receivables	1,825		3,474
- other non-current assets	28,731		-
Purchase of substituted electricity	330,370		182,395
Provision relating to the financial guarantee	197,224		-
Technical development and consulting fees	159,729		140,959
Hydro-resources fee and reservoir maintenance fund	154,470		97,072
Tax and surcharges	88,017		71,918
Insurance premium	70,955		63,527
Commissioned operating fees	85,198		62,957
Material costs	31,108		47,585
Other maintenance expenses	13,820		13,193
Purchase of heat	6,404		11,938
Others	101,732		86,345
Total	1,849,902		786,903

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The Board confirms that the additional information provided in this announcement will not affect other information set out in the 2019 Annual Report.

By order of the Board

Huadian Fuxin Energy Corporation Limited

HUANG Shaoxiong

Chairman of the Board

Beijing, the PRC, 31 July 2020

As at the date of this announcement, the executive Directors are Mr. HUANG Shaoxiong, Mr. WU Jianchun and Mr. DU Jiangwu; the non-executive Directors are Mr. TAO Yunpeng, Mr. SHI Chongguang and Mr. WANG Bangyi; and the independent non-executive Directors are Mr. ZHANG Bai, Mr. TAO Zhigang and Mr. WU Yiqiang.

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