Yingde Gases : Announcements and Notices - Appointment of New Directors

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Yingde Gases Group Company Limited

盈 德 氣 體 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 02168) APPOINTMENT OF NEW DIRECTORS APPOINTMENT OF NEW DIRECTORS

The Board announces that, with effect from 6 April 2017:

1. Mr. Wong Tak-Wai has been appointed as a non-executive Director; and

2. Mr. Qiu Zhongwei has been appointed as a non-executive Director.

APPOINTMENT OF NEW DIRECTORS

The board (the "Board") of directors (the "Directors") of Yingde Gases Group Company Limited (the "Company") announces that each of Mr. Wong Tak-Wai ("Mr. Wong") and Mr. Qiu Zhongwei ("Mr. Qiu") has been appointed as a non-executive Director with effect from 6 April 2017.

The biography of Mr. Wong is set out below:

Mr. Wong, age 40, is a Managing Director with PAG Asia Capital. He was previously with TPG Capital from 2005 to 2010. He has also worked in Morgan Stanley's investment banking division in Hong Kong, San Francisco and Beijing. Mr. Wong has a BA and BS from University of California, Berkeley.

Mr. Wong has not entered into any service contract with the Company which is not terminable by the Company within one year without payment of compensation (other than statutory compensation). Mr. Wong will retire and offer himself for re-election at the next annual general meeting of the Company in accordance with the articles of association of the Company. The remuneration of Mr. Wong will be determined by the Board with reference to his duties and responsibilities in the Company, and the Company will provide updates in relation thereto in due course.

Save as disclosed above, as at the date of this announcement, Mr. Wong does not have any interests that are required to be disclosed under Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO"). Save as disclosed herein, Mr. Wong does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company or any other matter relating to his appointment as a non-executive Director that needs to be brought to the attention of the shareholders and there is no other information in relation to the appointment of Mr. Wong which is required to be disclosed pursuant to any of the requirements of Rule 13.51(2)(h) to Rule 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "SEHK") (the "Listing Rules").

The biography of Mr. Qiu is set out below:

Mr. Qiu, age 48, is a Managing Director with PAG Asia Capital. He previously worked with Hony Capital for 10 years, responsible for overall PE business management and investment execution. Mr. Qiu also worked with China Yintai Investments as its head of equity direct investments, where he built and led the Yintai's SOE buyout team. He also worked with Hua Neng Group and Goldpark China, responsible for M&A, business development, project planning and development. Mr. Qiu has a MBA from Kellogg School of Management, Northwestern University and Hong Kong University of Science and Technology, and a BS in Engineering from Xi'an Jiaotong University. Mr Qiu served as an executive director of Century Ginwa Retail Holdings Limited, a company listed on the Main Board of the SEHK (stock code 00162) from November 15, 2010 to March 31, 2015.

Mr. Qiu has not entered into any service contract with the Company which is not terminable by the Company within one year without payment of compensation (other than statutory compensation). Mr. Qiu will retire and offer himself for re-election at the next annual general meeting of the Company in accordance with the articles of association of the Company. The remuneration of Mr. Qiu will be determined by the Board with reference to his duties and responsibilities in the Company, and the Company will provide updates in relation thereto in due course.

Save as disclosed above, as at the date of this announcement, Mr. Qiu does not have any interests that are required to be disclosed under Part XV of the SFO. Save as disclosed herein, Mr. Qiu does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company or any other matter relating to his appointment as a non-executive Director that needs to be brought to the attention of the shareholders and there is no other information in relation to the appointment of Mr. Qiu which is required to be disclosed pursuant to any of the requirements of Rule 13.51(2)(h) to Rule 13.51(2)(v) of the Listing Rules.

The Board would like to express its warm welcome to Mr. Wong and Mr. Qiu on the Board.

GENERAL

The List of Directors and their Roles and Functions, containing a list of directors and a table showing the composition of the Board committees, has been updated to reflect the above changes and will be separately published on the websites of The Stock Exchange of Hong Kong Limited and the Company.

Hong Kong, 6 April 2017

By order of the Board

Yingde Gases Group Company Limited

盈德氣體集團有限公司

Zhongguo Sun

Chairman

As at the date of this announcement, the executive directors of the Company are Mr. Zhongguo Sun and Mr. Trevor Raymond Strutt; the non-executive directors of the Company are Mr. Wong Tak-Wai and Mr. Qiu Zhongwei; and the independent non-executive directors of the Company are Mr. Zheng Fuya, Dr. Wang Ching, Mr. Jhi-Ho Mah, Mr. Rawen Zhi Hong Huang, Mr. David Chan and Mr. Deng Xipeng.