Huadian Fuxin Energy : FORM OF PROXY FOR THE H SHAREHOLDERS' CLASS MEETING

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock code: 00816)

FORM OF PROXY FOR THE H SHAREHOLDERS' CLASS MEETING

The number of H Shares relating to this form of proxy(Note 1)

I/We(Note 2)

of

being the registered shareholder(s) of

H Shares(Note 3) of Huadian Fuxin Energy Corporation Limited

(the "Company"), hereby appoint the chairman of the meeting, or(Note 4)

of

as my/our proxy to attend and vote for me/us and on my/our behalf at the H shareholders' class meeting of the Company (the "H Shareholders' Class Meeting") to be held at 9:00 a.m. on Wednesday, 16 September 2020 (or immediately after the conclusion of the EGM or any adjournment thereof) at Conference Room, 5/F, Huabin International Hotel Beijing, No. 4 Xuanwumennei Street, Xicheng District, Beijing, the People's Republic of China in respect of the resolution set out in the notice of the H Shareholders' Class Meeting. In the absence of any indication, the proxy may vote at his/her own discretion.

Special Resolution

For(Note 5)

Against(Note 5)

1. (a) To consider and, if thought fit, to approve, confirm and ratify the Merger Agreement dated 1 June 2020 entered into between the Company and the Offeror and the Merger and the transactions contemplated under the Merger Agreement.
2. 1. To consider and, if thought fit, to approve that any Director be authorised to do all such acts and things, to sign and execute all such other documents, deeds and instruments, to make applications to the relevant regulatory authorities and to take such steps as he may consider necessary, appropriate, expedient and in the interest of the Company to give effect to and in connection with any transactions contemplated under the Merger Agreement.

Date:

2020

Signature(Note 6):

Notes:

Important: You should first review the composite document jointly issued by the Company and Fujian Huadian Furui Energy Development Co., Ltd.* on 26 August 2020 (the "Composite Document") before appointing a proxy. Unless otherwise defined herein, the capitalised terms used shall have the same meanings as defined in the Composite Document.

1. Please insert the number of H Shares registered in your name(s) relating to this form of proxy. If the number is inserted, this form of proxy will be deemed to relate only to those H Shares. If no number is inserted, the form of proxy will be deemed to relate to all the H Shares of the Company registered in your name(s).
2. Please insert the full name(s) (in Chinese or English) and registered address(es) as shown on the register of members of the Company in BLOCK letters. If this is left blank, the chairman of the H Shareholders' Class Meeting will act as your proxy. One or more proxies, who may not be member(s) of the Company, may be appointed to attend and vote at the H Shareholders' Class Meeting provided that such proxies must attend the H Shareholders' Class Meeting in person on your behalf. Any alteration made to this proxy form must be signed by the signatory.
3. Please insert the number of H Shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the H Shares in the capital of the Company registered in your name(s).
4. If any proxy other than the chairman of the meeting of the Company is preferred, please cross out the words "THE CHAIRMAN OF THE MEETING, or" and insert the name(s) and address(es) of the proxy(ies) desired in the spaces provided. A shareholder of the Company (the "Shareholder") may appoint one or more proxies to attend and vote on his/her behalf. A proxy need not be a Shareholder. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE
   PERSON WHO SIGNS IT.
5. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE TICK THE APPROPRIATE BOX MARKED "FOR" OR INSERT THE RELEVANT NUMBER OF SHARES. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PLEASE TICK THE APPROPRIATE BOX MARKED "AGAINST" OR INSERT THE RELEVANT NUMBER OF SHARES. If no direction is given, your proxy may vote at his/her own discretion.
6. This form of proxy must be signed by you, or your attorney duly authorised in writing or, in the case of a legal person, must be either executed under its common seal or under the hand of its directors or attorney duly authorised.
7. In case of any joint holders of H Shares, only the joint holder whose name appears first in the register of members is entitled to receive the share certificates of relevant H Shares and the Company's notices, and to attend and exercise all voting rights of such H Shares at the H Shareholders' Class Meeting. Any notice delivered to that person shall be deemed as having been delivered to all joint holders of the relevant H Shares.
8. If the form of proxy is signed by another person under a power of attorney or other authorisation documents given by the appointer, such power of attorney or other authorisation documents shall be notarised. The form of proxy and the notarised power of attorney or other authorisation documents must be lodged with the Company's H Share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong not less than 24 hours prior to the holding of the H Shareholders' Class Meeting (i.e. before 9:00 a.m. on Tuesday, 15 September 2020).
9. The H Shareholders' Class Meeting is expected to take less than half a day. Shareholders who attend the H Shareholders' Class Meeting shall be responsible for their own travel and accommodation expenses. Shareholders or their proxy(ies) shall show proof of their identities when attending the H Shareholders' Class Meeting.

• For identification purpose only