安瑞科能源裝備控股有限公司
Enric Energy Equipment Holdings Limited
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 3899)

ANNOUNCEMENT
CONTINUING CONNECTED TRANSACTIONS
PRODUCT SALES AGREEMENT

On 3 December 2007, the Company entered into the Agreement with CIMC (Group). As
CIMC (Group) is the holding company of Charm Wise, a substantial Shareholder, the
Transactions constitute continuing connected transactions for the Company under
Chapter 14A of the Listing Rules.

Since the Board anticipates that the relevant percentage ratios for the Transactions for the
year ending 31 December 2007 will be more than 0.1% but less than 2.5%, the
Transactions will be subject to the reporting and announcement requirements under
Chapter 14A of the Listing Rules but will be exempt from the Independent Shareholders’
approval.

THE AGREEMENT

Date:
3 December 2007

Parties:
Purchaser CIMC (Group)
Seller the Company

Subject matter:
The Purchaser Group will purchase and the Group will sell energy equipment and gas
storage and transportation equipment (including but not limited to natural gas refueling
stations, CNG hydraulic refueling stations and trailers, cryogenic liquefied gas storage
tanks, seamless pressure cylinders, LNG trailers, CNG trailers, compressed specialty gas
trailers and compressors) manufactured by the Group for the purpose of providing
finance lease by the Purchaser Group to customers referred to the Purchaser Group by
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the Group and/or for the purpose of manufacturing operation of the Purchaser Group.

Term:
From the date of the Agreement to 31 December 2007, subject to early termination
provisions in the Agreement.

Price, payment terms and delivery:
Prices of the products contemplated under the Agreement will be determined by
reference to the then market price of the particular products, which will be agreed upon
by the Group, the Purchaser Group and the relevant customers of the Group.

After relevant member of the Purchaser Group and that of the Group have reached a
written agreement on each individual transaction, the Purchaser Group will make full
payment of the products to the Group. The Group will then deliver its products to the
relevant customer under the instruction of the Purchaser Group for completing the sales
transaction between the Group and the Purchaser Group.

After-sale services:
The Group will offer a one-year quality guarantee period to customers during which
period the Group will provide free repair and maintenance services. After the end of the
quality guarantee period, the Group will provide repair and maintenance services at a fee
comparable to the fee charged by the Group to Independent Third Parties and to be
determined between the parties.

Others:
Finance lease agreements will be separately entered into between the Purchaser Group
and the customers referred by the Group and the Group will not be subject to any
responsibilities or risks under such finance lease agreements.

The products contemplated under the Agreement may be sold to third parties by the
Group.

THE CAP FOR THE YEAR 2007

The Board (including the independent non-executive Directors) intends to set the cap of
the Transactions for the year 2007 (3 December 2007 to 31 December 2007) as
RMB19,200,000, equivalent to approximately HK$20,160,000.

The Directors anticipate that the Transactions may continue after 31 December 2007 and
in such event, separate agreement will be entered into between the parties in due course
and the Company will ensure compliance with the relevant Listing Rules.

Basis of determination of the Cap

The Cap was determined based on the estimated maximum amount of sales pursuant to
the Agreement for the relevant period. The estimated maximum amount of sale is based
on the estimated purchase orders to be placed by the customers who may require
payment by finance lease method and the current market prices of the particular
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products.

Hence, the Board (including the independent non-executive Directors) considers that the
Cap is fair and reasonable.

REASONS FOR AND BENEFITS OF THE TRANSACTIONS

As the Group is engaged in the sale of specialized gas equipment, some of its customers
may require payment by finance lease method in purchasing the Group’s products.
When the Group is approached by customers who wish to pay by finance lease method
for their purchases, the Group may refer such customers to the Purchaser Group.

As the Group is not engaged in the finance lease business, the Group sells energy
equipment and gas storage and transportation equipment to the Purchaser Group for it to
arrange finance lease to such customers. The Directors (including the independent
non-executive Directors) are of the view that entering into of the Transactions will
benefit both parties and the terms of the Transactions are fair and reasonable so far as
the Independent Shareholders are concerned and that the Transactions are carried out in
the ordinary course of business, on normal commercial terms and is in the interest of the
Company and the Shareholders as a whole.

COMPLIANCE WITH THE LISTING RULES

As CIMC (Group) is the holding company of Charm Wise, a substantial Shareholder,
the Transactions constitute continuing connected transactions for the Company under
Chapter 14A of the Listing Rules.

Since the Board anticipates that the relevant percentage ratios for the Transactions for
the year ending 31 December 2007 will be more than 0.1% but less than 2.5%, the
Transactions will be subject to the reporting and announcement requirements under
Chapter 14A of the Listing Rules but will be exempt from the Independent
Shareholders’ approval.

GENERAL

The Group is principally engaged in the provision of integrated business solutions in the
energy equipment industry and the design, manufacture and sale of specialized gas
equipment.

CIMC (Group) is principally engaged in the design, manufacturing, sale and provision
of repairing services for dry containers, reefers, special containers, road transportation
vehicles, tank equipment and airport facilities.

DEFINITIONS

“Agreement” the product sales agreement dated 3 December 2007
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entered into between the Company and CIMC (Group)
“associate(s)” as such term is defined under the Listing Rules
“Board” the board of Directors
“Cap” the maximum aggregate value of the Transactions for
the period from 3 December 2007 to 31 December
2007

“Charm Wise” Charm Wise Limited, a company incorporated in the
British Virgin Islands with limited liability and a
substantial Shareholder holding 41.55% of the issued
share capital of the Company, and a wholly-owned
subsidiary of CIMC (Group)
“CIMC (Group)” or
“Purchaser”
中國國際海運集裝箱(集團)股份有限公司
China International Marine Containers (Group) Co.,
Ltd., a company incorporated in the PRC with limited
liability, the shares of which are listed on the Shenzhen
Stock Exchange
“CNG” compressed natural gas
“Company” or “Seller” Enric Energy Equipment Holdings Limited 安瑞科
能源裝備控股有限公司, an exempted company
incorporated in the Cayman Islands with limited
liability, the shares of which are listed on the Main
Board of Stock Exchange
“connected person(s)” as such term is defined under the Listing Rules
“Director(s)” the director(s) of the Company
“Group” the Company and its subsidiaries
“Hong Kong” the Hong Kong Special Administrative Region of the
PRC

“Independent
Shareholders”
the Shareholders other than Charm Wise and its
associates
“Independent Third
Party(ies)”
person(s) or company(ies) which is / are independent of
any member of the Group, the directors, the chief
executives, the controlling shareholders, the substantial
shareholders (as such terms are defined in the Listing
Rules) of the Company or its subsidiaries, and their
respective associates
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“LNG” liquefied natural gas
“Listing Rules” the Rules Governing the Listing of Securities on the
Stock Exchange
“PRC” the People’s Republic of China and for the purposes of
this announcement, excluding Hong Kong, the Macau
Special Administrative Region and Taiwan
“Purchaser Group” the Purchaser, together with its subsidiaries (including
but not limited to 中集车辆融资租赁有限公司
CIMC Vehicle Financial Leasing Co., Ltd.) and
associates
“Share(s)” ordinary share(s) of HK$0.01 each in the share capital
of the Company
“Shareholder(s)” the holder(s) of the Share(s)
“Stock Exchange”

By order of the Board
Enric Energy Equipment Holdings Limited
Cheong Siu Fai
Company Secretary

Hong Kong, 3 December 2007

As at the date of this announcement, the Board consists of Mr. Zhao Qingsheng
(Chairman), Mr. Jin Yongsheng (Chief Executive Officer), Mr. Wu Fapei, Mr. Jin
Jianlong, Mr. Yu Yuqun, Mr. Shi Caixing and Mr. Qin Gang as executive Directors, Mr.
Yang Yu as a non-executive Director and Mr. Wong Chun Ho, Mr. Gao Zhengping and
Mr. Shou Binan as independent non-executive Directors.

In this announcement, RMB has been converted to HK$ at the rate of RMB1 = HK$1.05
for illustration purpose only. No representation is made that any amounts in RMB or
HK$ have been, could have been or could be converted at the above rate or at any other
rates or at all.

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