LongiTech Smart Energy : (REVISED) RESIGNATION OF EXECUTIVE DIRECTOR, VICE-CHAIRMAN AND CO-CHIEF EXECUTIVE OFFICER

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LONGITECH SMART ENERGY HOLDING LIMITED

隆 基 泰 和 智 慧 能 源 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1281)

RESIGNATION OF EXECUTIVE DIRECTOR, VICE-CHAIRMAN AND

CO-CHIEF EXECUTIVE OFFICER

The board of directors (the ''Board'') of LongiTech Smart Energy Holding Limited (the ''Company'') announces that Mr. Yuen Chi Ping (''Mr. Yuen'') has tendered his resignation as an executive director, vice-chairman and co-chief executive officer of the Company with effect from 16 September 2020 as he would like to pursue other career and business development.

Mr. Yuen confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.

The Board would like to express its appreciation to Mr. Yuen for his contribution to the Company during his term of office.

By order of the Board

LongiTech Smart Energy Holding Limited

Wei Qiang

Chairman

Hebei, 16 September 2020

As at the date of this announcement, the executive Directors are Mr. Wei Qiang and Dr. Liu Zhengang, the non-executive director is Mr. Wei Shaojun, and the independent non-executive directors are Dr. Han Qinchun, Mr. Wong Yik Chung, John and Mr. Han Xiaoping.