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PCA Notification

Date: 2023.03.17

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)

PCA Notification

Ming Yang Smart Energy Group Limited (the "Company") notifies the following transaction in the Company's ordinary A shares.

The information in the below notification is disclosed in accordance with Article 19 of the UK Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lucky Prosperity Company Limited

2

Reason for the notification

a)

Position/status

Vice Chairman and Chief Strategy Officer of the Company, Mr. SHEN Zhongmin, wholly owns Lucky Prosperity Company Limited

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ming Yang Smart Energy Group Limited

b)

LEI

300300W76R6UJHEZL847

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

A shares

Identification code

601615

b)

Nature of the transaction

 

Sale of ordinary A shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

CNY23.46

 60,000

CNY23.43

20,000

CNY23.53

50,000

CNY23.48

20,000

CNY23.52

30,000

d)

 

Aggregated information

- Aggregated volume

180,000

- Price

CNY 23.488

- Total

CNY 4,227,900.00

e)

Date of the transaction

2023-03-15

f)

Place of the transaction

Shanghai Stock Exchange

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