The board of directors of Concord New Energy Group Limited recommended to declare a final dividend of HKD 0.02 per ordinary share in respect of the year ended December 31, 2018 compared to HKD 0.01 per share in 2017, subject to the approval of the shareholders of the company at the forthcoming annual general meeting.

The Board of the company announced that with effect from February 28, 2019, Mr. Wu Shaohua has resigned as a non-executive director of the company. The Board announced that with effect from February 28, 2019, Mr. Wang Feng is appointed as a non-executive director of the company. Mr. Wang Feng is currently the General Manager of Planning and Investment Department of Huadian Fuxin Energy Corporation Limited.