Hanwei Energy Services Announces Results of Annual General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Hanwei Energy Services Corp. (TSX:HE) ("Hanwei" or the "Company"), held its Annual General Meeting of Shareholders (the "Meeting") in Vancouver, British Columbia on August 30, 2016. During the course of the Meeting, all proposed resolutions were approved including the election of directors and the re-appointment of MNP LLP, Chartered Professional Accountants as auditor of the Company. A total of 70,217,780 shares were voted in person or by proxy at the Meeting.

The shareholders elected each of the Company's nominees for director as follows:

DIRECTOR	VOTES FOR		VOTES WITHHELD
Fulai Lang	99.97	%	0.03	%
Joanne Yan	99.97	%	0.03	%
Malcolm Clay	99.97	%	0.03	%
Graham Kwan	99.97	%	0.03	%
William Paine	99.97	%	0.03	%
Randall Smallbone	99.97	%	0.03	%

As of the close of the Meeting, the Company's board is constituted of a majority of independent directors, namely Joanne Yan, Malcolm Clay, William Paine, and Randall Smallbone.

The following individuals were re-appointed as officers of the Company: (a) Fulai Lang as Chairman of the Board, President and Chief Executive Officer, (b) Yucai (Rick) Huang as Chief Financial Officer, (c) Graham Kwan as Executive Vice President, Strategic Development and Corporate Affairs, and Corporate Secretary.

The Board of Directors also re-appointed Joanne Yan as Lead Director and reconstituted its standing board committees. The Audit Committee is comprised of Randall Smallbone (Chair), Malcolm Clay and Joanne Yan who are each independent directors. The Compensation/Corporate Governance Committee is comprised of Malcolm Clay (Chair), Fulai Lang, Joanne Yan, William Paine and Randall Smallbone, a majority of whom are independent directors. The Disclosure Committee is comprised of Graham Kwan (Chair), Fulai Lang, and Yucai (Rick) Huang.

About Hanwei Energy Services Corp.

Hanwei's principal business operations are in two complementary key segments of the oil and gas industry as both an equipment supplier to the industry (as a leading manufacturer of high pressure, fiberglass reinforced plastic ("FRP") pipe products and associated technologies serving major energy customers in the global energy market) and as an operator of its producing oil and gas mineral rights at its Leduc and Entice Lands in Alberta.

www.hanweienergy.com

Hanwei Energy Services Corp.
Graham Kwan
Executive VP, Strategic Development and Corporate Affairs
604-685-2239
[e-mail]

Hanwei Energy Services Corp.
Yucai (Rick) Huang
Chief Financial Officer
604-685-2239
[e-mail]
www.hanweienergy.com