ANNOUNCEMENT ON THE VOTING RESULTS OF THEANNUAL GENERAL MEETING

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.（A(a joint stock limited Company incorporated in the People’s Republic of China with limited liability）（Stock Code:00042） ANNOUNCEMENT ON THE VOTING RESULTS OF THE ANNUALGENERALMEETING Poll Results of the Annual General Meeting An announcement pursuant to the Rule 13.39 (5) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) is made by the Board of Directors (the “Board”) of Northeast Electric Development Co. Ltd. (the “Company”) in relation to the poll results of the 2023 Annual General Meeting (the “AGM” or “Meeting”) held on 28 June 2024.The Board wishes to announce that all resolutions proposed at the AGM were duly passed by way of poll.Reappointment of AuditorThe Company reappointment of Zhongxingcai Guanghua Certified Public Accountants LLP*（中兴财光华会计师事务所（特殊普通合伙））as the domestic auditor for financial statements and internal control of the Company for the year of 2024 and the Wilson & Partners CPA Limited*（国诚会计师事务所有限公司）as the international auditor for the year of 2024 with the term of office of one year and authorizes the Board to determine its remuneration.Reference is made to the Announcement Notice of Annual General Meeting for 2023 dated 28 May 2024 (the “Announcement”) of the Company. Unless defined otherwise the terms used herein shall have the same meanings as those defined in the Announcement. The full content of the resolutions has been set out in the Announcement.The AGM and its Attendance The 2023 AGM of the Company was held in the Conference Room Floor 35 Internet Finance Building No.3 Guoxing Avenue Meilan District Haikou City Hainan Province the PRC at 10:00 a.m. on 28 June 2024. Mr. Su Weiguo the Chairman of Board presides over the meeting. - 1 -1. Attendance of the shareholders 10 shareholders voted at the meeting and online representing 92990482 shares (10.6473% of the total shares of the Company) Including: 1 shareholders and holder (Agent) voted at the meeting representing 81494850 shares (9.3311％ of the total shares of the Company). 9 shareholders voted online representing 11495632 shares (1.3162% of the total shares of the Company). 2. To the best knowledge information and belief of the Directors no shareholder is entitled to vote only against or required to abstain from voting with respect to any resolutions proposed at the AGM under Rule 13.40 of the Listing Rules. All the resolutions at the AGM are put to vote by way of shares.3. Pursuant to the provisions of the Listing Rules Wilson & Partners CPA Limited*（国诚会计师事务所有限公司） was appointed as the scrutineer for the vote-calculating at the AGM which meets the Company Law of the People’s Republic of China (the “Company Law”)，the Articles ofAssociation of the Company (the “Articles of Association”) and other relevant laws and regulations. 4. The Company would like to provide further information relating to the attendance record of the Directors at the AGM: - Mr. Su Weiguo Mr. Ding Jishi Mr. Mi Hongjie Mr. Zhu Xinguang and Mr. Fang Guangrong attended the AGM in person; and - Ms. Liu Jiangmei Ms. He Wei Mr. Wang Hongyu and Mr. Li Zhengning were unable to attend the AGM due to business engagement.Voting Results The resolutions discussed at the AGM have been passed and approved by shareholders by vote and the poll results are as follows: Ordinary Resolutions Number of Shares (%)For Against Abstain To approve the proposal on the Annual Report for 2023 (Including the Audited Financial Report) and Its 89594182 3386300 10000Highlights* (《关于2023年年度报告全文（含经审 （96.3477%） (3.6416%) (0.0107%)计的财务报告）及其摘要的议案》） - 2 -To approve the proposal on the Dividend Distribution 89577182 3413300 0Plan for 2023* (《关于2023年度利润分配方案的议 （96.3294%）(3.6706%)(0.0000%)案》） To approve the proposal on the Work Report of the 89442982 3386300 161200Board of Directors for 2023* (《关于2023年度董事 （96.1851%）(3.6416%)(0.1733%)会工作报告的议案》） To approve the proposal on the Work Report of the 89442982 3386300 161200Supervisory Committee for 2023* (《关于2023年度 （96.1851%）(3.6416%)(0.1733%)监事会工作报告的议案》） To approve the proposal on the Reappointment of 8959418233963000Auditor of the Company for the Year of 2024* (《关 （96.3477%）(3.6523%)(0.0000%)于续聘公司2024年度会计审计机构的议案》） Special Resolution Number of Shares (%) For Against Abstain To approve the proposal on Amending the 894423823386300161800Company's Articles of Association* (《关于修 （96.1844%）(3.6416%)(0.1740%)订公司章程的议案》） The Board announces that all resolutions proposed at the AGM were duly passed by way of poll.Lawyer’s CertificationAs certified and stated in the legal opinion issued by Hainan Reazone Law Firm*（海南理讼律师事务所） “The convening holding attendants qualification of convenor voting procedures andpoll results of the AGM conform to provisions of the Company Law and the Articles of Association of the Company and other relevant laws and regulations. The attendants’ qualificationthe voting procedures and poll results of the AGM are legal and valid”.Reappointment of AuditorThe Company reappointment of Zhongxingcai Guanghua Certified Public Accountants LLP*（中兴财光华会计师事务所（特殊普通合伙））as the domestic auditor for financial statements andinternal control of the Company for the year of 2024 and the Wilson & Partners CPA Limited（国诚会计师事务所有限公司）as the international auditor for the year of 2024 with the term of office of one year and authorizes the Board to determine its remuneration.By order of the Board Su Weiguo Chairman - 3 -Haikou Hainan Province the PRC 28 June 2024 As at the date of this Announcement the Board comprises of six executive Directors namely Mr.Su Weiguo Ms. Liu Jiangmei Ms. He Wei Mr. Ding Jishi Mr. Mi Hongjie and Mr. Zhu Xinguang; and three independent non-executive Directors namely Mr. Fang Guangrong Mr. Wang Hongyu and Mr. Li Zhengning.* for identification purpose only