China Longyuan Power : COMPLETION OF ISSUANCE OF GREEN ASSET-BACKED NOTES……

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ANNOUNCEMENT

COMPLETION OF ISSUANCE OF GREEN ASSET-BACKED NOTES

The announcement is made by China Longyuan Power Group Corporation Limited* (the"Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to (i) the circular and the notice of 2017 annual general meeting of the Company dated 9 April 2018 in relation to, among others, the issuance of debt financing instruments of non-financial enterprises; and (ii) the announcement of the Company dated 25 May 2018 on the poll results of the 2017 annual general meeting of the Company in relation to the approval of the issuance of debt financing instruments of non-financial enterprises by the shareholders of the Company.

The Company has completed the issuance of the 2018 first tranche of green asset-backed notes (the "Green Asset-backed Notes") on 14 November 2018. The aggregate issuance amount of the Green Asset-backed Notes was RMB1.01 billion with a term of 36 months, nominal value per unit of RMB100 and coupon rate of 4.95%. The interest shall be accrued from 14 November 2018.

Industrial and Commercial Bank of China Limited and Ping An Bank Co., Ltd. were the lead underwriters for the public offering of the Green Asset-backed Notes. The proceeds raised from the Green Asset-backed Notes will be mainly used for construction of green projects, replacement of the existing interest-bearing debts arising from construction of green projects and replenishment of working capital required for the green projects.

This announcement does not constitute, or form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the Green Asset-backed Notes or other securities of the Company, nor is this announcement distributed to invite offers for any securities of the Company.

By order of the Board

China Longyuan Power Group Corporation Limited*

Li Enyi

Executive Director and President

Beijing, the PRC, 14 November 2018

As at the date of this announcement, the non-executive directors of the Company are Mr. Qiao Baoping, Mr. Liu Jinhuan, Mr. Luan Baoxing and Mr. Yang Xiangbin; the executive directors are Mr. Li Enyi and Mr. Huang Qun; and the independent non-executive directors are Mr. Zhang Songyi, Mr. Meng Yan and Mr. Han Dechang.

* For identification purpose only