Tianjin Tianbao Energy : ANNOUNCEMENT (1) NOMINATION OF CANDIDATES OF DIRECTORS OF THE SECOND SESSION OF THE BOARD OF DIRECTORS (2) NOMINATION OF CANDIDATES OF SHAREHOLDER REPRESENTATIVE SUPERVISORS OF THE SECOND SESSION OF THE SUPERVISORY COMMITTEE (3) ELECTION OF EMPLOYEE REPRESENTATIVE SUPERVISOR OF THE SECOND SESSION OF THE SUPERVISORY COMMITTEE AND (4) CONVENING OF FIRST EXTRAORDINARY GENERAL MEETING IN 2020

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.

Tianjin Tianbao Energy Co., Ltd.*

天 津 天 保 能 源 股 份 有 限 公 司

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

(Stock Code: 1671)

ANNOUNCEMENT

1. NOMINATION OF CANDIDATES OF DIRECTORS OF THE SECOND SESSION OF THE BOARD OF DIRECTORS
2. 1. NOMINATION OF CANDIDATES OF SHAREHOLDER REPRESENTATIVE SUPERVISORS OF THE SECOND SESSION OF THE SUPERVISORY COMMITTEE

1. ELECTION OF EMPLOYEE REPRESENTATIVE SUPERVISOR OF THE

SECOND SESSION OF THE SUPERVISORY COMMITTEE AND

(4) CONVENING OF FIRST EXTRAORDINARY GENERAL MEETING IN 2020

1. meeting of the board (the "Board") of directors (the "Directors") of Tianjin Tianbao Energy Co., Ltd.* (the "Company", together with its subsidiary, the "Group") was convened on November 28, 2019, at which the Board considered and approved the resolutions regarding the nomination of candidates of Directors of the second session of the Board. A meeting of the supervisory committee (the "Supervisory Committee") of the Company was also convened on November 28, 2019, at which the Supervisory Committee considered and approved the resolutions regarding the nomination of candidates of shareholder representative supervisors (the "Shareholder Representative Supervisors") of the second session of the Supervisory Committee.

The Board hereby announces that:

1. NOMINATION OF CANDIDATES OF DIRECTORS OF THE SECOND SESSION OF THE BOARD OF DIRECTORS

The Board has considered and resolved to nominate the following candidates as Directors of the second session of the Board:

Executive Directors:	Mr. Zhou Shanzhong, Mr. Xing Cheng, Mr. Mao
	Yongming and Mr. Peng Chong
Non-executive Directors:	Mr. Wang Xiaotong and Ms. Dong Guangpei

Independent non-executive Directors: Mr. Chan Wai Dune, Mr. Han Xiaoping and Ms. Yang Ying

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An ordinary resolution will be proposed at the first extraordinary general meeting in 2020 of the Company (the "EGM") by the Board to consider and approve the appointment of each candidate as listed above.

Mr. Xing Cheng, Mr. Peng Chong, Ms. Dong Guangpei, Mr. Han Xiaoping and Ms. Yang Ying are currently Directors. They will officially assume office as the Directors of the second session of the Board when the resolutions on election of the second session of the Board are considered and approved at the EGM, at which the second session of the Board will be established, with a term of office expiring when the term of the second session of the Board ends, being three years from the date of the EGM.

Among the above Director candidates, Mr. Zhou Shanzhong, Mr. Mao Yongming, Mr. Wang Xiaotong and Mr. Chan Wai Dune are new Director candidates. Due to change of Board sessions, Mr. Yu Yang and Mr. Lau Tsz Bun will no longer serve as Directors or members of any committees of the Board from the date of approval of election of the second session of the Board at the EGM. Each of them has confirmed that they have no disagreement with the Board and there is no matter relating to their resignation that needs to be brought to the attention of the shareholders (the "Shareholders") of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The biographies of the Director candidates of the second session of the Board are set out in Appendix I to this announcement.

As at the date of this announcement and save as disclosed herein, the Director candidates have confirmed that: (i) they do not hold directorship in other listed companies, have no other major appointment and professional qualifications nor any position in the Company or its subsidiary for the last three years; (ii) they do not have any relationship with any directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) they do not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

Save as disclosed in this announcement, there is no other information required to be disclosed pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"), nor are there other matters regarding the appointment of the Director candidates as executive Directors, non-executive Directors or independent non-executive Directors which need to be brought to the attention of the Shareholders.

As at the date of this announcement, the Company has not entered into any service agreement with the Director candidates in relation to the appointment of Directors to the second session of the Board. Subject to the approval of their appointments by the Shareholders at the EGM, each of the above Directors to be re-elected or elected will enter into a service agreement with the Company respectively. The Board, upon authorised by the Shareholders, will determine the Directors' remuneration according to the responsibilities and the remuneration policy and actual situation of the Company with reference to the salary level in the industry. Their remuneration will be covered by each of their service agreements to be entered into and any subsequent revisions approved by the Board. As soon as their respective remuneration is fixed, the Company will make relevant announcement(s) accordingly.

The Company and the Board would like to extend their sincere gratitude to Mr. Yu Yang and Mr. Lau Tsz Bun for their valuable contributions during their tenure of office.

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1. NOMINATION OF CANDIDATES OF SHAREHOLDER REPRESENTATIVE SUPERVISORS OF THE SECOND SESSION OF THE SUPERVISORY COMMITTEE
   The Supervisory Committee has considered and resolved to nominate Ms. Xue Xiaofang and Mr. Shao Guoyong as candidates for the Shareholder Representative Supervisors of the second session of the Supervisory Committee.
   An ordinary resolution will be proposed at the EGM by the Supervisory Committee to consider and approve the appointment of each Shareholder Representative Supervisor candidate listed above.
   Ms. Xue Xiaofang and Mr. Shao Guoyong are currently the Shareholder Representative Supervisors of the Company, the biographies of whom are set out in Appendix II to this announcement. They will officially assume office as supervisors (the "Supervisors") of the second session of the Supervisory Committee when the resolutions on election of the second session of the Supervisory Committee are considered and approved at the EGM, at which the second session of the Supervisory Committee will be established, with a term of office expiring when the term of the second session of the Supervisory Committee ends, being three years from the date of the EGM.
   As at the date of this announcement and save as disclosed herein, the Shareholder Representative Supervisor candidates have confirmed that: (i) they do not hold directorship in other listed companies, have no any other major appointment and professional qualifications nor any position in the Company or its subsidiary for the last three years; (ii) they do not have any relationship with any directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) they do not have any interest in the shares of the Company within the meaning of Part XV of the SFO.
   Save as disclosed in this announcement, there is no other information required to be disclosed pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, nor are there other matters regarding the appointment of the Shareholder Representative Supervisor candidates as Supervisors which need to be brought to the attention of the Shareholders.

As at the date of this announcement, the Company has not entered into any service agreement with the Shareholder Representative Supervisor candidates in relation to the appointment of Supervisors to the second session of the Supervisory Committee. Subject to the approval of their appointments by the Shareholders at the EGM, each of the Shareholder Representative Supervisors will enter into a service agreement with the Company respectively. The Board, upon authorised by the Shareholders, will determine their remuneration according to the responsibilities and the remuneration policy and actual situation of the Company with reference to the salary level in the industry. Their remuneration will be covered by each of their service agreements to be entered into and any subsequent revisions approved by the Board. As soon as their respective remuneration is fixed, the Company will make relevant announcement(s) accordingly.

1. ELECTION OF EMPLOYEE REPRESENTATIVE SUPERVISOR OF THE SECOND SESSION OF THE SUPERVISORY COMMITTEE
   A meeting of the all employees assembly of the Company was convened and Mr. Yang Kui was elected as the employee representative Supervisor (the "Employee Representative Supervisor") of the second session of the Supervisory Committee, and he will jointly form the second session of the Supervisory Committee with the Shareholder Representative Supervisors of the second session of the Supervisory Committee to be elected at the EGM.

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Mr. Yang Kui is currently the Employee Representative Supervisor of the Company. Mr. Yang Kui will officially assume office as a Supervisor of the second session of the Supervisory Committee when the resolutions on election of the second session of the Supervisory Committee are considered and approved at the EGM, at which the second session of the Supervisory Committee will be established, with a term of office expiring when the term of the second session of the Supervisory Committee ends, being three years from the date of the EGM. The Company will enter into a service agreement with Mr. Yang Kui before his appointment takes effect and he shall not be entitled to any remuneration in respect of his role as the Employee Representative Supervisor, but he will be entitled to remuneration in respect of his other roles with the Company.

The biography of Mr. Yang Kui is set out in Appendix III to this announcement.

As at the date of this announcement and save as disclosed herein, the Employee Representative Supervisor has confirmed that: (i) he does not hold directorship in other listed companies, has no other major appointment and professional qualifications nor any position in the Company or its subsidiary for the last three years; (ii) he does not have any relationship with any directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) he does not have any interest in the shares of the Company within the meaning of Part XV of the SFO.

Save as disclosed in this announcement, there is no other information required to be disclosed pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, nor are there other matters regarding the appointment of the Employee Representative Supervisor which need to be brought to the attention of the Shareholders.

IV. CONVENING OF THE FIRST EXTRAORDINARY GENERAL MEETING IN 2020

The EGM will be held for the purpose of, among other things, considering and approving the resolutions on the re-election and election of Directors of the second session of the Board, re-election of Supervisors of the second session of the Supervisory Committee and proposed authorisation to the Board to determine the remuneration of the Directors and the Supervisors.

A circular containing further details of the aforesaid resolutions and the notice of the EGM will be dispatched to the Shareholders in due course.

By order of the Board

Tianjin Tianbao Energy Co., Ltd.*

GAO Hongxin

Chairman

Tianjin, the People's Republic of China, November 28, 2019

As of the date of this announcement, the Board comprises Mr. Gao Hongxin, Mr. Xing Cheng and Mr. Peng Chong as executive Directors; Mr. Yu Yang and Ms. Dong Guangpei as non-executive Directors; and Mr. Lau Tsz Bun, Mr. Han Xiaoping and Ms. Yang Ying as independent non-executive Directors.

• For identification purpose only

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APPENDIX I - BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES

Executive Directors

The biographical details of Mr. Zhou Shanzhong are set out as follows:

Mr. ZHOU Shanzhong, aged 41, is currently a committee member and the secretary of the party branch committee of the Company. From August 2018 to October 2019, Mr. Zhou served as the

head of corporate management department and the head of parallel car management department of Tianjin Tianbao Holdings Limited (天津天保控股有限公司) ("Tianbao Holdings"), one of the

controlling shareholders of the Company. Mr. Zhou worked in Tianbao Holdings as the head of corporate management department (safety supervision department) from September 2015 to August 2018. From January 2017 to November 2017, Mr. Zhou also served as a Director of the Company. From October 2014 to September 2015, he worked in Tianbao Holdings as the deputy head of the

asset management department. From July 2013 to October 2014, he served as the vice general manager of Tianjin Free Trade Zone Investment Company Limited (天津保稅區投資有限公司),

one of the shareholders of the Company. From May 2011 to July 2013, he served successively

as the assistant to the general manager and the vice general manager of Tianjin Tianbao Jiajun Investment Co., Ltd. (天津天保嘉郡投資有限公司). From January 2006 to May 2011, he worked

in Tianbao Holdings successively as an investment specialist in the investment department, a senior investment supervisor in the investment and development department, an assistant to the head of corporate management department and a deputy project manager and investment management of

the Taiping Model Town (太平示範鎮) project. He was a director of Tianjin Tianbao Financial Management Co., Ltd. (天津天保財務管理有限公司) from June 2016 to November 2018. Since

July 2014, Mr. Zhou has been serving as a director of Tianjin Aviation Logistics Development Co., Ltd. (天津航空物流發展有限公司). From November 2017 to November 2019, Mr. Zhou has also

been serving as an employee director of Tianjin Free Trade Zone Investment Holdings Group Co., Ltd. (天津保稅區投資控股集團有限公司) ("TFIHC") and Tianbao Holdings, respectively, both

of which are the controlling shareholders of the Company. He has also been serving as the general

manager of Tianjin Port Free Trade Zone Land Development and Investment Co., Ltd. (天津港保 稅區土地開發招商公司) from March 2018 to November 2019, and a non-independent director of Tianjin Tianbao Infrastructure Co., Ltd. (天津天保基建股份有限公司), a company listed on the

Shenzhen Stock Exchange (stock code: 000965), since August 2018.

Mr. Zhou graduated from the School of Management of Tianjin University (天津大學管理學院) with a doctorate degree in management science and engineering in January 2006.

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The biographical details of Mr. Xing Cheng are set out as follows:

Mr. XING Cheng, aged 55, is currently an executive Director and the general manager of the Company and is responsible for supervising the daily operation of the Company. He is also in charge of the Company's Haigang Thermal Plant and safety monitoring department. Mr. Xing

joined the Company on February 17, 2016. Mr. Xing has rich experience in thermodynamics. Mr. Xing joined Tianjin Tianbao Thermal Electricity Company Limited (天津天保熱電有限公司) ("Tianbao Thermal") in December 2006 as an assistant to the general manager and was promoted

to the vice general manager in September 2008, responsible for the operation of thermoelectricity

generation. Mr. Xing left Tianbao Thermal in February 2016. He was the head of the thermal department of Tianjin Tianbao Public Facility Co., Ltd. (天津天保公用設施有限公司) between

December 2004 and December 2006, responsible for the operation of thermal power. From

September 1992 to December 2004, he worked at Tianjin Port Free Trade Zone Tianbao Thermal Co., Ltd. (天津港保稅區天保熱力公司), responsible for production and general operation.

Mr. Xing obtained a bachelor's degree in mechanical engineering (compression and refrigeration) from the Xi'an Jiaotong University (西安交通大學) in PRC in July 1986.

The biographical details of Mr. Mao Yongming are set out as follows:

Mr. MAO Yongming, aged 49, is currently the vice general manager of the Company. He is responsible for the Company's party fairs, discipline inspection and supervision, labor union, administrative, power supply, marketing and information technology matters, assisting general party branch secretary to share responsibility for cadres' personnel affairs and takes charge of office, party committee and affairs department, marketing centre and power supply department. Mr. Mao joined the Company on April 1, 1997. He was appointed as the vice general manager in December 2014 and was further re-appointed for the same position in January 2017 after the Company was converted into a joint stock limited liability company. He worked successively in the Company as an electrical engineer in the electricity supply department from April 1997 to April 2007; head of the electricity supply department from April 2007 to December 2011; vice manager and head of the electricity supply department from December 2011 to August 2013; assistant to general manager and head of the electricity supply department from August 2013 to December 2014.

Mr. Mao obtained his bachelor's degree in electrical automation from the Tianjin University of Technology and Education (天津職業技術師範大學) in the PRC in July 1991 and his master's

degree in environmental engineering from the Tianjin University (天津大學) in July 2005.

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The biographical details of Mr. Peng Chong are set out as follows:

Mr. PENG Chong, aged 42, is currently an executive Director, a member of the remuneration committee and the chief financial officer of the Company. He joined the Company on January 1, 2017 and is responsible for the Company's financial accounting, financing, taxation, auditing, material procurement, information disclosure, investors relations and risk control matters. He also assists the chairman of the Board to handle the daily affairs of the Board and takes charge of the financial management department, resources management department, securities affairs department

and risk management department of the Company. Mr. Peng has been a supervisor of Tianjin Lingang Construction and Development Co., Ltd. (天津臨港建設開發有限公司) since May 2016. Mr. Peng was head of financial management department of Tianjin Tianbao Finance Management Co., Ltd. (天津天保財務管理有限公司) from August 2013 to December 2016, overseeing financing management matters of TFIHC and its subsidiaries (excluding the Company and its

subsidiary). He was the deputy head of the planning and finance department of Tianbao Thermal between November 2010 and August 2013 where he was in charge of the financial management

matters. Mr. Peng joined Tianjin Tianbao International Logistics Group Co., Ltd. (天津天保國際 物流集團有限公司) in March 2004 as a supervising accountant responsible for accounting and financial management and left in November 2010 as deputy head (finance).

Mr. Peng obtained a bachelor's degree in economics and with a major in auditing from Nankai University (南開大學) in PRC in June 1998. He is also a senior accountant accredited by the Tianjin Human Resources and Social Security Bureau. He was awarded the "Personal Award in Finance Work 2007" (2007年度財務工作先進個人) by Tianbao Holdings in April 2008, "Personal Award in Finance Education 2010" (2010年度財務後續教育先進個人) by Tianbao Holdings in April 2011 and "Labour Award of Binhai New Area 2015" (2015年度濱海新區"五一" 勞動獎章 ) by Tianjin Binhai New Area Labour Union (天津市濱海新區總工會) in April 2016.

Non-Executive Directors

The biographical details of Mr. Wang Xiaotong are set out as follows:

Mr. WANG Xiaotong, aged 55, is currently the head of the enterprise management department and head of parallel car management department of Tianbao Holdings. Mr. Wang has been serving as

the general manager of Tianjin Port Free Trade Zone Land Development and Investment Co., Ltd. (天津港保稅區土地開發招商公司) since November 2019. Mr. Wang had been the general manager of Tianjin Tianbao International Logistics Group Co., Ltd. (天津天保國際物流集團有限公司) from August 2015 to October 2019. He served as the head of the enterprise management department

(security supervision department) of Tianbao Holdings and the manager of Tianjin Konggang International Logistics Joint Stock Co., Ltd. (天津空港國際物流股份有限公司) from October 2014 to August 2015. He acted as the deputy head and head of the asset management department

of Tianbao Holdings, as well as the manager of Tianjin Konggang International Logistics Joint Stock Co., Ltd. (天津空港國際物流股份有限公司) from August 2013 to October 2014. He worked in Tianjin Tianbao International Logistics Group Co., Ltd. (天津天保國際物流集團有限公司) as the vice general manager from January 2011 to August 2013, during which he was also the general

manager and manager of Tianjin Konggang International Logistics Joint Stock Co., Ltd. (天津空 港國際物流股份有限公司). He also served as the chairman and general manager Tianjin Tianyi Smart Property Service Co., Ltd. (天津天易智慧物業服務有限公司) (formerly known as Tianjin Tianbao Property Service Co., Ltd. (天津天保物業服務有限公司)) from November 2011 to June 2012. He acted as the vice general manager of Tianjin Tianbao Municipal Company Co., Ltd. (天 津天保市政有限公司) and the general manager of Tianjin Konggang International Logistics Joint Stock Co., Ltd. (天津空港國際物流股份有限公司) between September 2008 and January 2011. He served as the head of the business department and assistant to general manager of Tianjin Tianbao International Logistics Group Co., Ltd. (天津天保國際物流集團有限公司), as well as the manager of the comprehensive logistic department from March 2003 to September 2008.

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Mr. Wang graduated from Tianjin University of Light Industry (天津輕工業學院) in July 1986 with a bachelor's degree in plastics and rubber engineering.

The biographical details of Ms. Dong Guangpei are set out as follows:

Ms. DONG Guangpei, aged 38, is currently a non-executive Director and a member of the audit

committee of the Company. Ms. Dong has been the executive director and vice general manager of Tianjin Free Trade Zone Investment Company Limited (天津保稅區投資有限公司) since October 2019. Ms. Dong served as the investment commissioner, investment manager, head of investment

review department and assistant to the general manager of Tianjin Free Trade Zone Investment Company Limited (天津保稅區投資有限公司) from January 2011 to September 2019. Ms. Dong served as the head of sales department of Tianjin Binhai Kaiyuan Property Development Co., Ltd. (天津濱海開元房地產開發有限公司) from January 2010 to December 2010, the head of sales department of Tianjin Tianbao Property Development Co., Ltd. (天津天保房地產開發有限公

司) from May 2005 to December 2009, the head of sales department of Tianjin Hefu Huihuang Real Estate Marketing and Planning Co., Ltd. (天津合富輝煌房地產營銷策劃有限公司) from

December 2004 to May 2005, and the head of sales management department of Tianjin Shunchi Rongxin Real Estate Co., Ltd. (天津順馳融信置地有限公司) from March 2004 to November 2004. Since December 2018, Ms. Dong has been serving as a supervisor of Tianjin Tianbao Infrastructure Co., Ltd. (天津天保基建股份有限公司), a company listed on the Shenzhen Stock Exchange (stock code: 000965) and a director of Bohai Securities Co., Ltd. (渤海證券股份有限公司). Ms. Dong has also been serving as a director of Hong Kong Baorong Development Limited (香港保融發展有 限公司) since April 2015 and an executive director of Tianjin Tianbao Binhai Investment Services Co., Ltd. (天津天保濱海投資服務有限公司) since December 2014.

Ms. Dong graduated from the department of international finance of Tianjin University of Finance and Economics (天津財經大學) and obtained a master's degree in economics in December 2012.

Independent Non-Executive Directors

The biographical details of Mr. Chan Wai Dune are set out as follows:

Mr. CHAN Wai Dune, aged 67, is currently the chairman and chief executive officer of Crowe (HK) CPA Limited. He has over 39 years of experience in the finance sector, particularly in the areas of auditing and taxation. Mr. Chan is a certified public accountant and is a fellow member of each of the Association of Chartered Certified Accountants, the Hong Kong Institute of Certified Public Accountants ("HKICPA") and the Taxation Institute of Hong Kong. He is also an associate chartered accountant of The Institute of Chartered Accountants in England and Wales. Mr. Chan is currently serving various public positions such as the executive vice chairman of the Hong Kong Federation of Guangzhou Associations and a member and a standing committee member of CPPCC of the Guangzhou Municipal Committee. Mr. Chan was a member of the Selection Committee for the establishment of the First Government of the Hong Kong Special Administrative Region.

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Mr. Chan was a non-executive director of the following company. As confirmed by Mr. Chan, as far as he is aware, the dissolution of the company mentioned below has not resulted in any liability or obligation being imposed against him.

		Nature of
	Place of	business before	Date of
Name of Company	incorporation	dissolution	dissolution Reasons for dissolution
Pickquick Plc.	The United	Production and	May 9, 2004 Creditors' voluntary
	Kingdom	sale of golf	liquidation as the
		products	company failed to
			pay a claim in the
			amount of
			approximately
			GBP903,199

HKICPA reprimanded Mr. Chan and CCIF CPA Limited ("CCIF") on February 2, 2010 and imposed a penalty of HK$40,000 due to their breach of a professional standard issued by the HKICPA in relation to the preparation of the audited financial statements of a listed company in Hong Kong for the year ended July 31, 2004. Mr. Chan was the then managing director of CCIF.

The reprimand was not related to Mr. Chan's integrity but the internal procedures of handling the audit procedure of CCIF where Mr. Chan had to assume some responsibilities as being the managing director of CCIF and responsible for signing the relevant auditors' report. Mr. Chan was not suspended for the issue of practicing certificates by the HKICPA.

Based on the above information and his past performance, the Board (including all Directors but excluding Mr. Chan) is of the view that with his professional knowledge and experience, Mr. Chan is considered to be fit and proper to act as an independent non-executive Director.

The biographical details of Mr. Han Xiaoping are set out as follows:

Mr. HAN Xiaoping, aged 62, is currently an independent non-executiveDirector and a member of the nomination committee of the Company. He established China Energy Net Consulting Co., Ltd.（北京中能網訊諮詢有限公司）in 2000 and has served as its managing director and chief information officer since then. Mr. Han has been an independent non-executivedirector of GCL Energy Technology Co., Ltd. (協鑫能源科技股份有限公司), a company listed on the Shenzhen Stock Exchange (stock code: 002015) since June 2019. Mr. Han has also been an independent non-executivedirector of Longitech Smart Energy Holding Ltd., a company listed on the Stock Exchange (stock code: 01281) since June 2016 and Beijing Jingneng Clean Energy Co., Ltd., a company listed on the Stock Exchange (stock code: 00579) since October 2014. In 1995, Mr. Han cofounded Beijing Qunying Investment Co., Ltd. (北京群鷹投資有限公司), principally engaged in project investment and asset management, and served as its deputy chairman. Mr. Han is also actively involved in the power and energy industry and holds positions in various organizations such as deputy director of China Energy Research Society Distributed Energy Professional Committee (中國能源研究會分佈式能源專委會).

Mr. Han obtained his diploma in media management from the Cheung Kong Graduate School of Business (長江商學院) in 2007. He was nominated as a visiting professor of the North China Electric Power University (華北電力大學) in June 2006. Mr. Han was awarded the outstanding contribution for distributed energy decade award (中國分佈式能源十年傑出貢獻人物獎) by the China Energy Research Society (中國能源研究會) in 2010, and second class research prize (課題 研究二等獎) by the National Energy Administration of the PRC (中華人民共和國國家能源局) in 2012.

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The biographical details of Ms. Yang Ying are set out as follows:

Ms. YANG Ying, aged 39, is currently an independent non-executive Director, and a member of

the audit committee, remuneration committee and nomination committee of the Company. She has been a senior partner of Shanghai Allbright Law Offices (Tianjin) (上海錦天城（天津）律師事務

所) since June 2015. Ms. Yang has also been the host of the television show "Law Lecture" (法律

講堂), broadcasted on channel CCTV-12 and the guest lawyer of the television show "Hotline-12" (熱線12) since 2010. She was an executive chief of the Tianjin Bencheng Law Firm (天津本誠律

師事務所) from July 2012 to June 2015. From February 2006 to February 2010, Ms. Yang was a practising lawyer in several law firms in PRC, including Tianjin Jinbo Law Firm (天津津博律師事 務所) and Beijing Zhong Lun W&D (Tianjin) Law Firm (北京中倫文德（天津）律師事務所).

Ms. Yang obtained her doctorate degree in management from the University of Tianjin (天津大學)

in PRC in February 2009. She was also awarded the Hexi District Youth Foundation Outstanding Progress Award (河西青聯優秀進步獎) for the years 2012 and 2013. She was listed as a Tianjin

Municipal Government Part-time Government Legal Adviser by the Tianjin Municipal Government Legislative Affairs Office (天津市政府法制辦) in October 2016.

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APPENDIX II - BIOGRAPHICAL DETAILS OF SHAREHOLDER REPRESENTATIVE SUPERVISOR CANDIDATES

The biographical details of Ms. Xue Xiaofang are set out as follows:

Ms. XUE Xiaofang, aged 53, is currently a Supervisor and the chairperson of the Supervisory Committee of the Company. Ms. Xue has been the head of risk management department of Tianbao Holdings since September 2015, responsible for auditing and legal affairs. She joined the Company on January 19, 2017. Prior to this, she served successively as an accountant, auditor supervisor, auditor senior supervisor, assistant to the head of risk management department and deputy head of risk management department from August 2002 to September 2015 in Tianbao Holdings, responsible for the management of various financial matters, special audit as well as legal affairs.

She was a supervisor between July 2007 and June 2014 and has also been a director of Tianjin Tianbao Infrastructure Co., Ltd. (天津天保基建股份有限公司), a company listed on the Shenzhen

Stock Exchange (stock code: 000965) since June 2014. Ms. Xue served as a supervisor of Tianjin Taiyangguang Electricity Technology Co., Ltd. (天津泰陽光電科技有限公司) from April 2007 to

December 2013.

She was certified by Ministry of Finance of the PRC as an accountant in October 1994. Ms. Xue obtained a bachelor's degree in auditing from the Tianjin University of Finance and Economics (天

津財經學院) in July 1989. She was accredited as a certified internal auditor by the China Institute of Internal Audit (中國內部審計協會) in November 2003. She obtained senior auditor qualification accredited by the Tianjin Human Resources Bureau (天津市人力資源局) in February 2007. She

obtained the international certified internal auditor (CIA) qualification (issued by China Institute of Internal Auditors with the authorization from the Institute of Internal Auditors (國際內部審計

師協會)) in November 2003. She was awarded the "2011-2013 Tianjin Internal Auditor Advanced Worker Award" (2011-2013年度天津市內部審計先進工作者).

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Ms. Xue was a supervisor of the following company. As confirmed by Ms. Xue, as far as she is aware, the revocation of the business license mentioned below has not resulted in any liability or obligation being imposed against her.

		Nature of
Name of	Place of	business before		Reasons for
company	incorporation	revocation	Date of revocation	revocation
Tianjin Taiyangguang Electricity	PRC	Sale of electronic	December 2, 2013	Failure to conduct
Technology Co., Ltd. (天津泰陽光		components		annual inspection
電科技有限公司)

The biographical details of Mr. Shao Guoyong are set out as follows:

Mr. SHAO Guoyong, aged 41, is currently a Supervisor of the Company. Mr. Shao has been the

head of risk management department in Tianjin Tianbao Commercial Factoring Co., Ltd. (天津天 保商業保理有限公司) and the head of risk management department in Tianjin Binhai New Area Tianbao Microcredit Co., Ltd. (天津濱海新區天保小額貸款有限公司) since April 2018. He joined

the Company on January 19, 2017. From January 2015 to April 2018, Mr. Shao served as the

deputy head of risk management department in Tianjin Tianbao Commercial Factoring Co., Ltd. (天 津天保商業保理有限公司). He joined Tianjin Tianbao Leasing Co., Ltd. (天津天保租賃有限公司)

as the head of legal department from June 2012 to January 2015. From January 2007 to May 2012, he worked as a practicing lawyer in Tianjin Guopeng Law Firm (天津國鵬律師事務所).

Mr. Shao obtained his bachelor's degree in laws from the Tianjin University of Commerce (天津商 學院) in PRC in June 2001 and his master's degree in laws from Nankai University (南開大學), in PRC in December 2015. Mr. Shao holds a legal professional qualification certificate promulgated

by the Ministry of Justice, in PRC since November 2003. Mr. Shao was awarded the "2014-2016 Tianjin Excellent In-house Legal Consultant Award" (天津市國資系統2014-2016年度優秀企業法

律顧問) by State-owned Assets Supervision and Administration Commission of Tianjin Municipal People's Government (天津市人民政府國有資產監督管理委員會) in January 2017.

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APPENDIX III - BIOGRAPHICAL DETAILS OF THE EMPLOYEE REPRESENTATIVE SUPERVISOR

Mr. YANG Kui, aged 40, is currently the Employee Representative Supervisor and the chief office supervisor of the Company. He was appointed as the head of safety monitoring department in January 2017, and has been transferred as the head of resources management department since April 2017 and as the chief office supervisor since May 2019. Mr. Yang joined the Company on October 1, 1997. He served as a staff responsible for power dispatch operations from October 1997 to December 2009, the deputy office supervisor from January 2010 to November 2013, and the chief office supervisor from November 2013 to December 2016.

Mr. Yang obtained his professional degree in computer application from the Tianjin Coastal Polytechnic School (天津濱海職業學院) in July 2001 and his bachelor's degree in information

management and information technology from the Tianjin Polytechnic Institute (天津理工學院) in July 2005.

He was awarded the "Excellent Youth Expert of the Free Trade Zone Airport Economic Zone" (保 稅區空港經濟區「優秀青年崗位能手」) jointly by the Binhai New Area Youth League/Free Trade

Zone Party Committee/Free Trade Zone Human Resources and Social Security Bureau/Free Trade Zone Trade Union/Free Trade Zone Women's Federation (濱海新區團委╱保稅區黨委╱保稅區 人力資源和社會保障局╱保稅區工會╱保稅區婦女聯合會) in April 2014, the "21st Session of

The Tianjin Enterprise Management Modernization Innovation Achievement First Prize" (第二十一 屆天津市企業管理現代化創新成果一等獎) by the Tianjin Enterprise Management Modernization Innovation Achievement Examination Committee (天津市企業管理現代化創新成果審定委員會)

in February 2015, and the "2014-2015 Key Work (Project) Outstanding Contributors" (2014-2015年度重點工作（項目）傑出貢獻者) award by Tianbao Holdings in January 2016.

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