Trony Solar : Announcements and Notices - Appointment of Independent Non-executive Director, Chairman of the Board, Chairman of the Audit Committee and Chairman of the Independent Review Committee

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創 益 太 陽 能 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

The board (the "Board") of directors (the "Directors") of Trony Solar Holdings Company Limited (the "Company", together with its subsidiaries, the "Group") announces that Mr. Pak Wai Keung Martin ("Mr. Pak") has been appointed as an independent non-executive Director, chairman of the Board, chairman of the audit committee and chairman of the independent review committee of the Company with effect from 19 January 2017.

Following the appointment of Mr. Pak as an independent non-executive Director, the Company has fulfilled the requirements of minimum number of independent non-executive directors and audit committee members under Rules 3.10(1), 3.10A and 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Listing Rules").

Set out below is the biographical information of Mr. Pak.

Mr. Pak, aged 53, has been company secretary of the China Kingstone Mining Holdings Limited (the "CK"), a company listed on the Stock Exchange (stock code: 1380) since 1 June 2013. Prior to joining the CK, Mr. Pak had held positions of chief financial officer and company secretary at various listed companies in Hong Kong, and has accumulated over 25 years of experience in finance and corporate governance affairs. Mr. Pak is a fellow of the Hong Kong Institute of Certified Public Accountants, an associate member of The Institute of Chartered Secretaries and Administrators in the United Kingdom and The Hong Kong Institute of Chartered Secretaries.

Mr. Pak is an independent non-executive director of Tai Yang Group Holdings Limited (stock code: 1991), a company listed on the Main Board of the Stock Exchange.

There was no appointment letter signed by Mr. Pak and the Company in respect of his appointment which shall be entered into upon fixing of Mr. Pak's remuneration. However, he is subject to retirement at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation at least once every three years in accordance with the articles of association of the Company. The remuneration of Mr. Pak shall be determined by the Board at a later stage with reference to the recommendation of the remuneration committee of the Company based on the duties and responsibilities of Mr. Pak and the prevailing market conditions.

As at the date of this announcement, to the best knowledge of the Board and except as stated above, (i) Mr. Pak has not held any directorships in other public companies the securities of which are listed on any securities market in Hong Kong or overseas during the latest three years,

(ii) Mr. Pak has not held any other positions in the Company and other members of the Group, and (iii) Mr. Pak does not have any relationship with any Director, senior management or substantial or controlling shareholder (as defined in the Listing Rules) of the Company.

As at the date of this announcement, Mr. Pak does not have, and is not deemed to have any interest or short positions in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, neither there is any further information required to be disclosed pursuant to the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules nor there is any other matter relating to the appointment of Mr. Pak that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its welcome to Mr. Pak for joining the Board.

At the request of the Company, trading in the shares of the Company on the Stock Exchange was suspended from 9:00 a.m. on 21 June 2012 and will remain suspended until further notice.

By Order of the Board

Chairman

Hong Kong, 19 January 2017

As at the date of this announcement, the Board comprises two executive Directors, namely Ms. Yu Ying and Mr. Liu Bin, and three independent non-executive Directors, namely Mr. Pak Wai Keung Martin (Chairman), Mr. Zhang Xuehu and Ms. Chow Wai Fong.