Sun King Power Electronics : Announcements and Notices - Appointment of Non-executive Director and Independent Non-executive Director and Change of Composition of Remuneration Committee and Investment Committee

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(Incorporated in the Cayman Islands with limited liability)

The board (the "Board") of directors (the "Director(s)") of Sun.King Power Electronics Group Limited (the "Company") announces that Ms. Zhang Ling ( 張靈女士 ) ("Ms. Zhang") was appointed as a non- executive Director and a member of the investment committee of the Board, both with effect from 4 December 2017.

Ms. Zhang, aged 48, is the managing director (董事總經理) of China Reform Venture Capital Investment Management (Shenzhen) Ltd. ( 國新風險投資管理（深圳）有限公司 ). Ms. Zhang obtained her bachelor's degree in precision instrument ( 精密儀器系 ) from Tianjin University in 1991 and her master's degree from Guanghua School of Management of Peking University in 2000. Ms. Zhang previously worked for Beijing Capital Group Co., Ltd. ( 北京首都創業集團有限公司 ) and China Cinda Asset Management Co., Ltd. ( 中國信達資產管理股份有限公司 ) and was responsible for merger restructuring ( 併購重組 ) and corporate realignment ( 企業改制 ). Ms. Zhang also previously worked for Essence Securities Co., Ltd. ( 安信證券股份有限公司 ) and Huarong Securities Co., Ltd. ( 華融證券股份有限公司 ) and was responsible for the merger financing ( 併購融資 ) business, and presided over the completion of large-

scale enterprise asset restructuring and integration of the industrial chain, merger of listed companies, reverse takeover and other projects. Ms. Zhang was a director of Tongling Nonferrous Metals Group Holdings Co., Ltd. ( 銅陵有色金屬集團控股有限公司 ).

As at the date of this announcement, Ms. Zhang does not have any interest in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). To the best knowledge of the Directors, Ms. Zhang has no relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company.

Ms. Zhang executed an appointment letter dated 4 December 2017 for a term of three years commencing from the date of appointment and may be terminated in accordance with the terms of the appointment letter. Ms. Zhang will not receive any remuneration.

Ms. Zhang will hold office until the coming general meeting of the Company at which she will be eligible for re-election. Thereafter, Ms. Zhang will be subject to retirement by rotation and re-election pursuant to the articles of association of the Company and the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Save as disclosed above, there are no other matters concerning Ms. Zhang's appointment that need to be brought to the attention of the shareholders of the Company nor there is any information required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Listing Rules.

The Company would like to express its warmest welcome to Ms. Zhang for joining the Board.

The Board further announces that Mr. Zhao Hang ( 趙航先生 ) ("Mr. Zhao") was appointed as an independent non-executive Director and a member of the remuneration committee of the Board, both with effect from 4 December 2017.

Mr. Zhao, aged 62, has been an independent non-executive director of Sinotruk (Hong Kong) Limited (a company listed on the Stock Exchange, stock code: 3808) since 11 April 2016 and a director of Zhejiang Wanfeng Auto Wheel Co., Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 002085. SZ) since 29 November 2013. Mr. Zhao is also a doctoral tutor at Wuhan University of Technology, the PRC ( 中國武漢理工大學 ), and an instructor and adjunct professor at Tongji University, the PRC ( 中

國同濟大學 ), Jilin University, the PRC ( 中國吉林大學 ), Jiangsu University, the PRC ( 中國江蘇大

學 ) and Chongqing Jiaotong University, the PRC ( 中國重慶交通大學 ) (which is previously known as Chongqing Vocational College of Transportation ( 重慶交通學院 )). In addition, Mr. Zhao was the deputy chairman and chief secretary of the National Technical Committee of Auto Standardization ( 全國汽車標 準化技術委員會 ), the president of the China Automobile Human Resources Association ( 中國汽車人力 資源協會 ), the deputy chairman of the executive committee of the Society of Automotive Engineers of China ( 中國汽車工程學會 ), the vice-president of the China Association of Automobile Manufacturers ( 中國汽車工業協會 ), the deputy chairman of the China Intelligent Transportation Systems Association ( 中國智能交通協會 ), the council member of the China Machinery Industry Federation ( 中國機械工 業聯合會 ), a member of the steering committee of the National 863 Electric Vehicle Key Project ( 國 家 863 電動汽車重大專項領導小組 ), a member of the steering committee of the National Clean Energy Automotive Action (國家清潔汽車行動領導小組) and a member of the steering committee of the Tianjin Clean Energy Automotive Action ( 天津市清潔汽車行動領導小組 ). Mr. Zhao is a research-grade senior engineer and obtained his bachelor degree in engineering from Jilin University of Technology, the PRC

( 中國吉林工業大學 ) in July 1982. In October 2003, Mr. Zhao obtained a degree in executive master of business administration from China Europe International Business School ( 中歐國際工商學院 ). After his graduation from Jilin University of Technology, the PRC in 1982, Mr. Zhao joined the Transportation Engineering Institute of the Chinese People's Liberation Army ( 中國人民解放軍運輸工程學院 ) as an instructor until October 1987. After that, he was employed by the China Automotive Technology

& Research Center ( 中國汽車技術研究中心 ), and had since then until November 2015 held various positions therewith including the center deputy chairman, center deputy secretary of the party committee and center secretary of the party committee and center chairman. Among the awards and recognitions he has received in the past, Mr. Zhao was conferred with the title of Young Technology Specialist in the Machinery Industry in the PRC ( 中國機械工業青年科技專家 ) in 1995 and received the 2004 China Automobile Manufacturing Outstanding Technology Talent Award (2004 年中國汽車工業優秀科技人才 獎 ).

As at the date of this announcement, Mr. Zhao does not have any interest in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). To the best knowledge of the Directors, Mr. Zhao has no relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company.

Mr. Zhao executed an appointment letter dated 4 December 2017 for a term of three years commencing from the date of appointment and may be terminated in accordance with the terms of the appointment letter. Mr. Zhao will be entitled to an annual allowance of HK$180,000, which was recommended by the remuneration committee of the Board with reference to his experience, duties and responsibilities and the prevailing market conditions and determined by the Board.

Mr. Zhao will hold office until the coming general meeting of the Company at which he will be eligible for re-election. Thereafter, Mr. Zhao will be subject to retirement by rotation and re-election pursuant to the articles of association of the Company and the Listing Rules. Save as disclosed above, there are no other matters concerning Mr. Zhao's appointment that need to be brought to the attention of the shareholders of the Company nor there is any information required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Listing Rules.

The Company would like to express its warmest welcome to Mr. Zhao for joining the Board.

By Order of the Board

Chairman

Hong Kong, 4 December 2017

As at the date of this announcement, the executive Directors are Mr. Xiang Jie, Mr. Gong Renyuan and Mr. Yue Zhoumin; the non-executive Directors are Mr. Yan Fuquan, Mr. Zhu Ming and Ms. Zhang Ling; and the independent non-executive Directors are Mr. Chen Shimin, Mr. Zhang Xuejun, Mr. Leung Ming Shu and Mr. Zhao Hang.