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.



(Incorporated in Bermuda with limited liability)

(Stock Code: 566) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS AND CLARIFICATION OF PRESS ARTICLE

This announcement is made by Hanergy Solar Group Limited (the "Company") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and at the request of The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
Trading in the shares in the Company (the "Shares") on the Stock Exchange was halted with effect from 11:39 a.m. on 20 December 2013 which subsequently became a suspension (the "Trading Suspension"). The board of directors (the "Board") of the Company has noted the recent decrease in the price and increase in trading volume of the Shares (prior to the Trading Suspension). Having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that save as disclosed in the announcement of the Company dated 18 December 2013 and in this announcement, it is not aware of any reason for these price or volume movements or of any information which must be announced to avoid a false market in the Shares or of any inside information (the "Inside Information") that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Reference is made to a press article published in a local newspaper in Hong Kong on 19
December 2013 (the "Press Article"), which appears to suggest that some of the Shares pledged by