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 Power Clean Energy Development Company Limited 中國電力清潔能源發展有限公司

(incorporated in Hong Kong with limited liability)

(Stock Code: 0735)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 1 DECEMBER 2017

The Board is pleased to announce that the resolution proposed at the EGM held on 1 December 2017 was duly passed.

The board of directors (the "Board") of China Power Clean Energy Development Company Limited (the "Company") is pleased to announce that the resolution proposed at the extraordinary general meeting of the Company held on 1 December 2017 (the "EGM") was duly passed by way of poll. The poll results are as follows:

Ordinary Resolution

Number of Votes (%) (Note(a))

For

Against

To approve and confirm: (a) the provision of deposit services

457,537,154

20,114,950

contemplated under the financial services framework agreement

(95.79%)

(4.21%)

dated 16 October 2017 (the "Framework Agreement") entered

into between the Company and SPIC Financial Co., Ltd.; (b)

the cap of the deposit services being the maximum daily

balance of deposits including accrued interest placed by the

Company and its subsidiaries pursuant to the Framework

Agreement; and (c) the authorisation of any one of the directors

of the Company to do all acts and things as considered by him

to be necessary or desirable in order to give effect to the

aforementioned transactions, and to make and agree such

variations of a non-material nature in or to the terms of the

Framework Agreement as he may in his discretion consider to

be desirable and in the interests of the Company, and all other

matters mentioned in the notice of the EGM dated 15

November 2017.

Notes:

  1. The number and percentage of votes are based on the total number of shares of the Company voted by the shareholders of the Company at the EGM in person or by proxy.

  2. As all or a majority of the votes were cast in favour of the resolution, such ordinary resolution was duly passed.

  3. The total number of shares of the Company in issue as at the date of the EGM: 1,186,633,418 shares.

  4. The total number of shares of the Company entitling the holder to attend and vote on the resolution at the EGM: 853,558,495 shares.

  5. The total number of shares of the Company entitling the holder to attend and abstain from voting in favour of the resolution at the EGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"): Nil.

  6. The total number of shares of the Company that are required under the Listing Rules to abstain from voting at the EGM: 333,074,923 shares.

  7. None of the shareholders of the Company have stated their intention in the Company's circular dated 15 November 2017 to vote against or to abstain from voting on the resolution at the EGM.

  8. The Company's Share Registrar Tricor Tengis Limited, acted as the scrutineer for the vote-taking at the EGM.

  9. Please refer to the notice of EGM dated 15 November 2017 for the full text of the above resolution.

By order of the Board

China Power Clean Energy Development Company Limited WANG Binghua

Chairman

Hong Kong, 1 December 2017

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Wang Fengxue, Mr. Zhao Xinyan, Mr. He Hongxin and Mr. Qi Tengyun; three non-executive directors, namely Mr. Wang Binghua, Mr. Bi Yaxiong and Mr. Zhou Jiong; and four independent non-executive directors, namely Mr. Chu Kar Wing, Dr. Li Fang, Mr. Wong Kwok Tai and Ms. Ng Yi Kum.

China Power New Energy Development Co. Ltd. published this content on 01 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 December 2017 09:31:13 UTC.

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