Add New Energy Investment Holdings Group Ltd.HKEX: 2623

Announcements and Notices - Purchase of Shares by Controlling Shareholder

· Issued by Add New Energy Investment Holdings Group Ltd.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Add New Energy Investment Holdings Group Limited

愛 德 新 能 源 投 資 控 股 集 團 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 02623)

PURCHASE OF SHARES BY

CONTROLLING SHAREHOLDER

This announcement is made by Add New Energy Investment Holdings Group Limited (the "Company") on a voluntary basis.

As informed by Mr. Li Yunde ("Mr. Li"), the Chairman, executive Director and controlling shareholder of the Company, he has further acquired 1,000,000 shares of the Company ("Shares") from the market on 24 May 2019. As at the date of this announcement, Mr. Li is interested in 2,170,196,660 Shares, representing approximately 44.19% of the issued share capital of the Company.

By order of the Board

Add New Energy Investment Holdings Group Limited

Li Yunde

Chairman

Hong Kong, 24 May 2019

As at the date of this announcement, the executive Directors are Mr. Li Yunde (Chairman), Mr. Geng Guohua (Chief Executive Officer) and Mr. Lang Weiguo; and the independent non-executive Directors are Mr. Zhang Jingsheng, Mr. Li Xiaoyang and Mr. Lin Chu Chang.

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