Guangdong No.2 Hydropower Engineering Company Ltd(002060) : description of the board of directors on the purchase and sale of assets within 12 months before the reorganization

Securities code: Guangdong No.2 Hydropower Engineering Company Ltd(002060) securities abbreviation: Guangdong No.2 Hydropower Engineering Company Ltd(002060) Announcement No.: pro 2022028

Guangdong No.2 Hydropower Engineering Company Ltd(002060) board of directors

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Guangdong No.2 Hydropower Engineering Company Ltd(002060) (hereinafter referred to as ” Guangdong No.2 Hydropower Engineering Company Ltd(002060) ” or “the company”) plans to issue shares to Guangdong Construction Engineering Group Holding Co., Ltd. to purchase 100% equity of Guangdong Construction Engineering Group Co., Ltd. held by it, and plans to raise matching funds by non-public offering shares to no more than 35 qualified specific objects (hereinafter referred to as “this reorganization”).

According to the provisions of the measures for the administration of major asset restructuring of listed companies (hereinafter referred to as the “measures for the administration of restructuring”), if a listed company purchases or sells the same or related assets continuously within 12 months, the corresponding amount shall be calculated based on the cumulative amount. Asset transactions that have prepared and disclosed a major asset restructuring report in accordance with the provisions of the reorganization management measures need not be included in the scope of cumulative calculation. If the CSRC has other provisions on the cumulative period and scope of major asset restructuring specified in paragraph 1 of Article 13 of the reorganization management measures, such provisions shall prevail. The underlying assets of the transaction are owned or controlled by the same transaction party, or belong to the same or similar business scope, or under other circumstances recognized by the CSRC, they can be recognized as the same or related assets.

Within 12 months before the reorganization, the company did not purchase or sell the same or related assets as the reorganization.

Securities code: Guangdong No.2 Hydropower Engineering Company Ltd(002060) securities abbreviation: Guangdong No.2 Hydropower Engineering Company Ltd(002060) Announcement No.: pro 2022028

It is hereby explained.

Guangdong No.2 Hydropower Engineering Company Ltd(002060) board of directors March 18, 2022

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