Bond Code: 600795 Bond Abbreviation: GD Power Announcement No.: 2017-21

Bond code: 600795 Bond abbreviation: GD Power Announcement No.: 2017-21

Bond code: 122151 Bond abbreviation: 12 GD 01

Bond code: 122152 Bond abbreviation: 12 GD 02

Bond code: 122166 Bond abbreviation: 12 GD 04

Bond code: 122324 Bond abbreviation: 14 GD 01

Bond code: 122493 Bond abbreviation: 14 GD 03

GD Power Development Co., Ltd.

Announcement of Resolutions of the General Meeting of Shareholders in 2016

The Board of Directors and all directors of the Board of our company guarantee that all contents of the Announcement does not have any false record, misleading statement or major omission and assume the joint and several liabilities for its truthfulness, accuracy and completeness.

Important Notice:

If the meeting has rejected proposal: none

I.Meeting convening and attendance

(I).Date of Shareholders Meeting: Thursday, May 04, 2017

(II).Place of Shareholders Meeting: Conference Room of Building 19, Anyuan, Anhuibeili, Chaoyang District, Beijing.

(III).Common shareholders and preferred shareholders resuming voting rights and their shareholding status:

1. Number of shareholders and agents attending the meeting / 29
2. Number of the voting shares held by shareholders attending the meeting (share) / 9,981,432,814
3. Proportion of the voting shares held by shareholders attending the meeting in the total voting shares (%) / 50.7950

(IV).The meeting combined on-site voting and online voting. The convening of the meeting can meet the regulations of Company Law and other related laws, regulations and Articles of Association, and the meeting is convened by the Board of Directors.

(V).Attending status of Company’s directors, supervisors and secretary of the Board

1.The Company has 11 directors in office, and 11 of them attended the meeting;

2.The Company has 5 supervisors in office, and 5 of them attended the meeting;

3.The Secretary of the Board attended the meeting, and other senior executives of the Company also attended the meeting as nonvoting delegates.

II.Deliberation of Proposals

(I).Non-accumulative voting proposals

1.Name of the Proposal: 2016 Work Report of the Board of Directors

Deliberation result: pass

Voting status:

Type of shareholder / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
A share / 9,981,003,114 / 99.9956 / 413,800 / 0.0042 / 15,900 / 0.0002

2.Name of the Proposal: 2016 Work Report of the Board of Supervisors

Deliberation result: pass

Voting status:

Type of shareholder / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
A share / 9,981,019,014 / 99.9958 / 413,800 / 0.0042 / 0 / 0.0000

3.Name of the Proposal: Proposal on 2016 Debriefing Report of Independent Directors

Deliberation result: pass

Voting status:

Type of shareholder / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
A share / 9,981,004,014 / 99.9957 / 428,800 / 0.0043 / 0 / 0.0000

4.Name of the Proposal: Proposal on 2016 Annual Financial Statement and 2017 Financial Budget of the Company

Deliberation result: pass

Voting status:

5.Name of the Proposal: Proposal on 2016 Profit Distribution Plan of the Company

Deliberation result: pass

Voting status:

6.Name of the Proposal: Proposal on Providing Financing Guarantees

Deliberation result: pass

Voting status:

Type of shareholder / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
A share / 9,980,990,914 / 99.9955 / 441,900 / 0.0045 / 0 / 0.0000

7.Name of the Proposal: Proposal on 2017 Daily Related Transactions of the Company and its Holding Subsidiaries

Deliberation result: pass

Voting status:

Type of shareholder / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
A share / 926,417,223 / 98.2703 / 16,306,020 / 1.7297 / 0 / 0.0000

(II).Voting status of shareholders with shareholding ratio of less than 5% on Proposals involving major issues

Proposal S.N. / Name of the Proposal / Affirmative / Against / Abstention
Number of votes / Percentage (%) / Number of votes / Percentage (%) / Number of votes / Percentage (%)
5 / Proposal on 2016 Profit Distribution Plan of the Company / 942,294,443 / 99.9545 / 388,800 / 0.0412 / 40,000 / 0.0043
6 / Proposal on Providing Financing Guarantees / 942,281,343 / 99.9531 / 441,900 / 0.0469 / 0 / 0.0000
7 / Proposal on 2017 Daily Related Transactions of the Company and its Holding Subsidiaries / 926,417,223 / 98.2703 / 16,306,020 / 1.7297 / 0 / 0.0000

(III).Description on relevant situation of proposal voting

III.Witness by Lawyer

1.This Extraordinary Shareholders Meeting was witnessed by: Beijing HYLANDS LAW FIRM

Lawyers: Zhang Yukai, Liu Lei

2.Lawyer authentication conclusion

The convening and holding of the Shareholders Meeting can meet laws, regulations and Articles of Association; the qualifications of the persons attending and convening the Shareholders Meeting are legal and valid; the voting procedures and results of the Shareholders Meeting are legal and valid.

IV.List of Documents for Inspection

1.Shareholders Meeting Resolution signed by directors attending the meeting and stamped with seal of board of directors;

2.Legal Opinion signed by director of witnessing law firm and stamped with official seal;

3.Other documents required by Shanghai Stock Exchange.

GD Power Development Co., Ltd.

May 05, 2017