Update on Director's proposed share dealing

AUHUA CLEAN ENERGY PLC

("Auhua" or "the Company")

Update on Director's proposed share dealing

Auhua Clean Energy plc, the AIM quoted (AIM: ACE) environmental technology group based in the Shandong Province of China, announces that it has been informed by Auhua Holdings Limited, one of its substantial shareholders that, due to volatile market conditions and currency fluctuations, it has mutually agreed with Byte Power Group Limited (ASX: BPG) not to proceed with the proposed acquisition of a 25% stake in the Company.The Company remains committed to the long-term objective of building its international customer base and BPG is keen to continue to explore opportunities with Auhua in respect of its expansion in the Australian market.

Further Enquiries:

Notes to Editors:

Auhua Clean Energy is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar water heating solutions. In particular, the Group is focused on the manufacture and sale of solar energy water heating systems.

Auhua Clean Energy operates through its wholly owned subsidiaries Shandong Auhua New Energy Co., Ltd and Weihua Auhua New Energy Co., Ltd., of which Auhua Holdings Pte Ltd is the intermediate holding company.