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    PCA Notification

    Date: 2023.03.23

    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)

    CNY 22.23

     20,000

    d)

     

    Aggregated information

    - Aggregated volume

    20,000

    - Price

    CNY 22.230

    - Total

    CNY 444,600.00

    e)

    Date of the transaction

    2023-03-23

    f)

    Place of the transaction

    Shanghai Stock Exchange

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