China Technology Solar Power Hldgs : Announcements and Notices - PROPOSED CHANGE OF COMPANY NAME (64KB, PDF)

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CHINA TECHNOLOGY SOLAR POWER HOLDINGS LIMITED

中科光電控股有限公司*

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 8111)

PROPOSED CHANGE OF COMPANY NAME

INTRODUCTION

The board ("Board") of directors ("Directors") of China Technology Solar Power Holdings Limited ("Company", together with its subsidiaries, the "Group") proposes to change the English name of the

Company from "China Technology Solar Power Holdings Limited" to "China Technology Industry Group Limited" and adopt "中國科技產業集團有限公司" as its dual foreign name ("Change of Company

Name").

CONDITIONS OF THE CHANGE OF COMPANY NAME

The proposed Change of Company Name will be subject to the following conditions:

1. the passing of a special resolution by the shareholders of the Company ("Shareholders") at an extraordinary general meeting of the Company ("EGM") to approve the Change of Company Name; and
2. the Registrar of Companies in the Cayman Islands approving the Change of Company Name.

Subject to the satisfaction of the conditions set out above, the Change of Company Name will take effect from the date of issue of the certificate of incorporation on change of name by the Registrar of Companies in the Cayman Islands. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong.

REASONS FOR THE CHANGE OF COMPANY NAME

The Board considers that the Change of Company Name will better reflect the business nature and strategic direction of future development of the Group. The Board also believes that the new English and Chinese names can provide the Company with a new corporate image and identity which will benefit the Company's business development and is in the best interests of the Company and Shareholders as a whole.

• For identification purpose only

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EFFECT OF THE CHANGE OF COMPANY NAME

The Change of Company Name will not affect any rights of the holders of securities of the Company or the Company's daily business operation and its financial position.

All existing certificates of securities in issue bearing the present name of the Company will, after the Change of Company Name becoming effective, continue to be evidence of title to such securities and the existing share certificates will continue to be valid for trading, settlement, registration and delivery purposes. There will not be any arrangement for exchange of the existing certificates of securities for new certificates bearing the new name of the Company. Once the Change of Company Name becoming effective, new certificate of securities will be issued only in the new name of the Company.

Subject to the confirmation of The Stock Exchange of Hong Kong Limited ("Stock Exchange"), both the English and Chinese stock short names of the Company will also be changed after the Change of Company Name becomes effective.

GENERAL

The EGM will be convened to consider and, if thought fit, approve the Change of Company Name. A circular containing, among other things, information in relation to the Change of Company Name and a notice convening the EGM to approve the Change of Company Name will be despatched to the Shareholders in due course.

Further announcement(s) will be made by the Company to inform the Shareholders of the results of the EGM, the effective date of the Change of Company Name and the new stock short name of the Company, both in English and Chinese, for trading of the shares of the Company on the Stock Exchange.

On behalf of the Board

China Technology Solar Power Holdings Limited

Chiu Tung Ping

Chairman and executive Director

10 September 2019

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As at the date of this announcement, the Board comprises the following Directors:

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page of the GEM website at www.hkgem.com for at least seven days from the date of its publication and on the Company's website at www.chinatechsolar.com.

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