Datang Environment Industry : ANNOUNCEMENT - PUBLIC ISSUANCE OF CORPORATE BONDS

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Datang Environment Industry Group Co., Ltd.*

大 唐 環 境 產 業 集 團 股 份 有 限 公 司

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

(Stock Code: 1272)

ANNOUNCEMENT

PUBLIC ISSUANCE OF CORPORATE BONDS

This announcement is made by Datang Environment Industry Group Co., Ltd. (the "Company" and, together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to (i) the supplemental circular of the extraordinary general meeting of the Company dated 16 October 2019 (the "Circular"); (ii) the announcement on poll results of the extraordinary general meeting dated 31 October 2019; and (iii) the announcement on domestic public issuance of green corporate bonds dated 10 December 2019.

The Company has completed the public issuance of the 2019 domestic green corporate bonds ("Corporate Bonds") of the Company and received the proceeds from such issuance on 16 December 2019. The ultimate issue size of the Corporate Bonds is RMB600 million, with a term of 5 years, the options for the issuer to adjust the nominate interest rate and for investors to resell at the end of third interest-bearing year, a face value of RMB100, and an issuing rate of 3.65%. Date of value is 16 December 2019.

The Corporate Bonds were publicly issued to qualified investors, with Haitong Securities Co., Ltd.* ( 海 通 證 券 股 份 有 限 公 司) as the lead underwriter, Huatai Securities Co., Ltd. ( 華 泰 聯 合 證 券 有 限 責 任 公 司) and China Minzu Securities Co., Ltd. ( 中 國 民 族 證 券 有 限 責 任 公 司), currently known as Founder Securities Underwriting and Sponsoring Co., Ltd.* ( 方 正 證 券 承 銷 保 薦 有 限 責 任 公 司), as the joint underwriters, and Haitong Securities Co., Ltd. as the bond trustee and the bookrunner. The proceeds from the Corporate Bonds, after deducting issue expenses, is proposed to be used for repayment of interest-bearing liabilities.

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The issuance of the Corporate Bonds does not constitute any transaction under Chapter 14 and Chapter 14A of the Listing Rules.

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 Corporate Bonds or other securities of the Company, nor is this announcement calculated to invite offers for any securities of the Company.

Holders of shares or other securities of the Company and potential investors of the Company should exercise caution when dealing in the shares or other securities of the Company.

By order of the Board

Datang Environment Industry Group Co., Ltd.*

Jin Yaohua

Chairman

Beijing, the PRC, 16 December 2019

As of the date of this announcement, the non-executive directors of the Company are Mr. Jin Yaohua, Mr. Liu Quancheng, Mr. Liu Ruixiang, Mr. Li Zhenyu; the executive directors of the Company are Mr. Hou Guoli and Mr. Wang Yanwen; and the independent non-executive directors of the Company are Mr. Ye Xiang, Mr. Mao Zhuanjian and Mr. Gao Jiaxiang.

• For identification purposes only

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