Zhengzhou Coal Mining Machinery Group Company Limited Reference is made to the announcement of Zhengzhou Coal Mining Machinery Group Company Limited (the "Company") dated 29 December 2023 (the "Announcement") in relation to, among other things, the change of the secretary to the board of directors and the joint company secretaries of the Company. As disclosed in the Announcement, Mr. Zhang Yichen ("Mr. Zhang") has been appointed as the secretary to the board of directors, joint company secretary and authorized representative of the Company. Mr. Zhang has acted as the secretary to the board of directors of the Company since 29 December 2023 and would assume the role of joint company secretary of the Company since the date on which the Company obtained the letter from The Stock Exchange of Hong Kong Limited (the "Stock Exchange") granting the waiver from strict compliance with Rules 3.28 and 8.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

However, given his experience in information disclosure, investor relations management and corporate governance, coupled with his rich industry experience and familiarity with the Company's business operations, the Company has applied to the Stock Exchange for, and the Stock Exchange has granted on 11 January 2024, a waiver (the "Waiver") from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules for a period of three years from the date of appointment of Mr. Zhang as a joint company secretary of the Company (the "Waiver Period"), on the following conditions: during the Waiver Period, Mr. Zhang will be assisted by another joint company secretary of the Company, Ms. Chan Yin Wah ("Ms. Chan"), who serves as the other joint company secretary of the Company and could fully comply with the requirements set out in Rule 3.28 of the Listing Rules, in the performance of his functions as a joint company secretary. The Waiver may be revoked immediately if and when Ms. Chan ceases to provide assistance to Mr. Zhang. The Stock Exchange may revoke or modify the Waiver if the Company's situation changes; and the Waiver could be revoked if there is a material breach of the Listing Rules by the Company.

The biographical details of Mr. Zhang and Ms. Chan are set out below respectively: Mr. Zhang Yichen, was born in April 1986 in Xiangcheng City, Henan. He is a member of the Chinese Communist Party with Chinese nationality and with no right of abode in any overseas jurisdictions. He is a university graduate with a bachelor's degree.

He graduated from Huazhong University of Science and Technology and obtained a bachelor's degree of arts in July 2009. From July 2009 to January 2016, he served as an office secretary, a member of the capital operation department, an assistant to the head of the general office and an assistant to the head of the strategic development division of the Company. From February 2016 to February 2020, he served as the deputy head (person in charge) of the strategic development division of the Company.

From August 2016 to February 2018, he concurrently served as the deputy head of general office of the Company. From February 2018 to March 2021, he served as an employee supervisor of the Company. Since February 2020, he has been serving as the head of the strategic development division of the Company.

Since December 2023, he has been the secretary to the board of directors of the Company. Since March 2016, he has been concurrently serving as the chairman of the supervisory committee of Zhengzhou Suda Industry Machinery Service Co. Ltd. Ms. Chan Yin Wah is an associate director of SWCS Corporate Services Group (Hong Kong) Limited.

Ms. Chan has extensive professional experience as company secretary of Hong Kong listed companies. Ms. Chan holds a bachelor's degree in economics and a master's degree in professional accounting. She is a fellow member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators in the United Kingdom.

She is also a fellow member of the Association of Chartered Certified Accountants in the United Kingdom. Mr. Zhang succeeds Mr. Zhang Haibin as the joint company secretary and authorized representative of the Company with effect from 11 January 2024. Before the end of the Waiver Period, the Company will strive to prove to the Stock Exchange that Mr. Zhang, having had the benefit of Ms. Chan's assistance during the Waiver Period, has attained the relevant experience under Rule 3.28 of the Listing Rules and is capable of discharging the functions of company secretary, so that a further waiver would not be necessary.