20 December 2018

Dear Valued Client,

Re: Xinyi Energy Holdings Limited (#3868) Global Offering Not to Proceed

We would like to inform you that the Board of Xinyi Energy Holdings Limited announces that the Global Offering (including the XYS Assured Offering), the Spin-Off, and the Listing will not proceed as originally scheduled in view of the current continuing stock market volatility. The Price Determination Agreement will not be entered into, and the obligations under the Hong Kong Underwriting Agreement will not become unconditional. The Directors expect that all refunds will be made on Thursday, December 20, 2018.

For more details about the Announcements and Notices, please visit the HKEXnews website.

Should you have any further enquiries, please feel free to contact us at (852)2663-8888 or email at hotline@cashon-line.com.

Best regards,
Client Services Department
Celestial Securities Limited

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