Comtec Solar : CLARIFICATION AND SUPPLEMENTAL ANNOUNCEMENT

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.

̔֍ʗд˄ජঐӻ୕ණྠϞࠢʮ̡

Comtec Solar Systems Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 712)

CLARIFICATION AND SUPPLEMENTAL ANNOUNCEMENT

Reference is made to the announcement (the ''Announcement'') of Comtec Solar Systems Group Limited (the ''Company'') dated 19 March 2021 in relation to the Dispute and the Petition. Unless defined otherwise, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The Company would like to clarify that the Announcement should be a voluntary announcement instead of an inside information announcement as the Board considers that the matters referred to in the Announcement does not constitute inside information because the amount of the Debt is an insignificant amount and as at the date of the Announcement, the Dispute has been resolved peacefully and the Petition has already been withdrawn.

By Order of the Board Comtec Solar Systems Group Limited

John Yi Zhang

Chairman

Shanghai, the PRC, 23 March 2021

As at the date of this announcement, the executive Director is Mr. John Yi Zhang, the non-executive Directors are Mr. Dai Ji and Mr. Qiao Fenglin, and the independent non-executive Directors are Mr. Ma Teng and Mr. Jiang Qiang.