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CHINA ENERGY ENGINEERING CORPORATION LIMITED* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 3996)

ANNOUNCEMENT ON BUSINESS UPDATE

This announcement is made by China Energy Engineering Corporation Limited (the “Company”) on a voluntary basis.

The board of directors (the “Board”) of the Company is pleased to announce that recently, the 47.5MW project of Anhui Taihe Xiaokou Photovoltaic Power Station Phase I and Phase II (the “Anhui Taihe PV Power Station Project”) and Nanxiong Industrial Park 20MW Photovoltaic Power Station (the “Guangdong Shaoguan PV Power Station Project”), which were invested and constructed by the Company, have all been grid-connected.

Anhui Taihe PV Power Station Project is the first new energy project invested and constructed by the Company in Anhui Province. The project was co-invested by China Energy Engineering Group Investment Co., Ltd. (中國能源建設集團投資有限公司), China Energy Engineering Group Anhui No.2 Electric Power Construction Engineering Co., Ltd. (中國能源建設集團安徽電力建設第二工程 有限公司) (“Anhui No.2 Electric Power Construction”) and China Energy Engineering Group Anhui Electric Power Design Institute Co., Ltd. (中國能源建設集團安徽省電力設計院有限公司) (“Anhui Electric Power Design Institute”), all being wholly-owned subsidiaries of the Company. Anhui No.2 Electric Power Construction, Anhui Electric Power Design Institute, China Energy Engineering Group Electric Power Construction Co., Ltd. (中國能源建設集團天津電力建設 有限公司) and China Energy Engineering Group Shanxi Electric Power Design Institute Co., Ltd. (中 國能源建設集團山西省電力勘測設計院有限公司), all being wholly-owned subsidiaries of the Company, are responsible for the general contracting, construction design, project management, engineering monitoring and other aspects therein, respectively. Located in the Circular Economy Industrial Park in Xiaokou Town, Taihe County, Fuyang City, Anhui Province, Anhui Taihe PV Power Station Project has a total installed capacity of 47.5MW, with a total investment of approximately RMB356 million.

Guangdong Shaoguan PV Power Station Project is the first photovoltaic power station project invested, constructed and controlled by the Company in Guangdong Province. The project was invested by China Energy Engineering Group Shaoguan Electric Power Co., Ltd. (中國能源建設集團

* For identification purpose only

- 1 - 韶關電力有限公司), a wholly-owned subsidiary of the Company. China Energy Engineering Group Guangdong Thermal Power Engineering Co., Ltd. (中國能源建設集團廣東火電工程有限公司), a wholly-owned subsidiary of the Company, participated in the general contracting, while Hubei Central Southern Electric Power Engineering Construction Monitoring Co., Ltd. (湖北中南電力工程 建設監理有限責任公司), a subsidiary of the Company, participated in the engineering monitoring. Located to the south of Nanxiong Industrial Park in Shaoguan, Guangdong Province, Guangdong Shaoguan PV Power Station Project has a total installed capacity of approximately 20MW, with a total investment of approximately RMB150 million.

By order of the Board CHINA ENERGY ENGINEERING CORPORATION LIMITED* Wang Jianping Chairman

Beijing, the PRC 4 January 2017

As at the date of this announcement, the executive directors of the Company are Mr. Wang Jianping, Mr. Ding Yanzhang and Mr. Zhang Xianchong; the non-executive director is Mr. Ma Chuanjing; and the independent non-executive directors are Mr. Ding Yuanchen, Mr. Wang Bin, Mr. Zheng Qiyu and Mr. Cheung Yuk Ming.

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