Kunming Dianchi Water Treatment : ANNOUNCEMENT-CANCELLATION OF EXTRAORDINARY GENERAL MEETING AND BOOK CLOSURE PERIOD

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Kunming Dianchi Water Treatment Co., Ltd.

昆明滇池水務股份有限公司

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

(Stock Code: 3768)

ANNOUNCEMENT

CANCELLATION OF EXTRAORDINARY GENERAL MEETING AND

BOOK CLOSURE PERIOD

Reference is made to the announcement of Kunming Dianchi Water Treatment Co., Ltd (the "Company") dated 14 November 2019 regarding proposed amendments to the articles of association (the "Article of Association") and proposed appointments of executive director (the "Director") and non-executive Director, the circular of the Company dated 3 January 2020 (the "Circular") and the notice (the "Former Notice"), proxy form and reply slip of the 2020 first extraordinary general meeting to be held on 20 February 2020 (the "EGM"), for the purposes of considering, and if thought fit, approving the resolutions in relation to (i) the proposed amendments to the Articles of Association; (ii) the proposed election of Mr. Chen Changyong to serve as an executive Director of the Company; and (iii) the proposed election of Ms. Yu Yanbo to serve as a non-executive Director of the Company.

The EGM was originally scheduled to be held at the meeting room of the Company on the 1st floor at Wastewater Treatment Plant No.7, Kunming Dianchi Tourist Resort, Yunnan Province, the People's Republic of China (the "PRC") on Thursday, 20 February 2020 at 2:30 p.m., for the purposes of considering, if thought fit, approving the three resolutions as set out in the Former Notice. The H share register of members of the Company has been scheduled to be closed from Tuesday, 21 January 2020 to Thursday, 20 February 2020 (both days inclusive) as set out in the Circular and the Former Notice.

Due to the novel coronavirus outbreak, there are uncertainties as to travel arrangements of the staff and shareholders of the Company (the "Shareholders") and the manpower of the Company for the holding of the EGM. In view of the aforesaid reasons, the Company has decided to cancel the aforesaid EGM. Accordingly, the book closure period for H shares as set out in the Circular and the Former Notice in relation to the EGM will also be cancelled.

The resolutions proposed in the Former Notice will be submitted for consideration and approval by the Shareholders, and the Company will publish announcement(s) after the board of Directors (the "Board") determines the date for the general meeting and the book closure period for H shares, and will despatch the circular, notice and other related documents regarding such general meeting to the Shareholders in due course.

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The Board would like to express its apologies to the Shareholders for the inconvenience caused by the cancellation of the EGM.

By order of the Board

Kunming Dianchi Water Treatment Co., Ltd.

Guo Yumei

Chairperson

Kunming, the PRC, 3 February 2020

As of the date of this announcement, the Board comprises Ms. Guo Yumei and Mr. Luo Yun, as executive Directors; Ms. Song Hong and Ms. Zhao Zhu, as non-executive Directors; and Mr. Yin Xiaobing, Mr. He Xifeng and Mr. Sin Lik Man, as independent non-executive Directors.

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