MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People’s Republic of China with limited liability)

Announcement on Resolution of the First Extraordinary General Meeting in 2023

Important notice:

• Whether any of the proposed resolution at the meeting was objected: None

I. CONVENING AND ATTENDANCE OF THE MEETING

(I)              Date of the General Meeting: 11 January 2023

(II)            Venue of the General Meeting: Conference room on the 5th floor of Mingyang Smart Energy Group Co., Ltd., Mingyang Industrial Park, No. 22 Huoju Avenue, Zhongshan Torch Development Zone, Guangdong Province

(III)          Ordinary shareholders and preference shareholders with recovered voting rights who attended the meeting and their shareholdings:

1.      The number of shareholders attending in person or by proxy	194
2.      The total number of shares carrying voting rights held by shareholders attending the meeting (shares)	928,520,118
3.      The number of shares carrying voting rights held by shareholders attending the meeting as a percentage of the total number of shares of the Company carrying voting rights (%)	40.8664

(IV)          Whether the voting procedures were in compliance with the requirements under the Company Law of the People's Republic of China ("Company Law") and the Articles of Association, the presiding of the meeting and other details.

The meeting was convened by the Board. As Mr. Zhang Chuanwei, chairman of the Company, was unable to preside over the meeting due to a business trip, Mr. Shen Zhongmin, vice chairman of the Company, presided over the meeting on his behalf in accordance with the Articles of Association. The meeting was held and voted by a combination of on-site voting and online voting. The convening and holding of the meeting complied with the provisions of the Company Law and the Articles of Association.

(V)            Attendance of the Directors, supervisors of the Company and secretary to the Board

1.     4 out of the 11 incumbent directors of the Company attended the meeting. Mr. Zhang Chuanwei, chairman of the Company, Mr. Wang Jinfa, Mr. Zhang Qiying, Mr. Zhang Rui, Mr. Han Yu and Mr. Li Yiming, directors of the Company, and Ms. Wang Yu, independent director of the Company, were unable to attend due to other business arrangement;

2.     2 out of the 3 incumbent supervisors of the Company attended the meeting on-site or online. Mr. Zheng Weili, supervisor of the Company, was unable to attend due to other business arrangement;

3.      Mr. Liu Jianjun, the secretary to the Board of the Company, attended the meeting; Mr. Shen Zhongmin, vice chairman and chief strategy officer of the Company attended the meeting; Mr. Liang Caifa, the person-in-charge of accounting of the Company, attended the meeting as a non-voting delegate.

II. VOTING RESULTS OF THE RESOLUTION

(I) Resolution by non-cumulative poll

1. Resolution: Resolution on re-appointment of the accounting firm

Result after consideration: approved

Voting results:

Class of shareholders	Affirmative		Dissenting		Abstaining
	Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
A share	922,425,961	99.3436	224,200	0.0241	5,869,957	0.6323

(II) Voting results of shareholders with less than 5% share interest in relation to material items

Resolution No.	Resolution	Affirmative		Dissenting		Abstaining
		Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
1	Resolution on re-appointment of the accounting firm	445,841,863	98.6515	224,200	0.0496	5,869,957	1.2989

(III) Details in relation to the voting results of the resolution

1.      Special resolution: None

2.      The resolution for separate counting of votes cast by minority investors: Resolution 1

3.      Resolution involving connected shareholder abstention from voting: None

Names of connected shareholders who should abstain from voting: None

III. ATTESTATION BY LAWYER

1.      The General Meeting was attested by: ZHONG LUN LAW FIRM ()

Lawyers:

2.      Concluding opinions from the lawyers for the attestation:

In the lawyers’ opinion, the convening and holding procedures of the general meeting were in compliance with relevant laws, administrative regulations, Rules of Procedures for the General Meetings and the Articles of Association; the qualifications of the persons attending the meeting and the convener were lawful and valid; and the voting procedures conducted at the meeting and the voting results thereof were lawful and valid.

11 January 2023