Poll results of the extraordinary general meeting held on 19 august 2020

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China Dongxiang (Group) Co., Ltd.

中 國 動 向（ 集 團 ）有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3818)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 19 AUGUST 2020

Reference is made to the circular of China Dongxiang (Group) Co., Ltd. (the ''Company'') dated 4 August 2020 (the ''Circular'') and the notice of the extraordinary general meeting of the Company dated 4 August 2020 (the ''Notice of EGM''). Unless otherwise stated herein, capitalised terms used in this announcement shall have the same meaning as those defined in the Circular.

The Board is pleased to announce that the resolution set out in the Notice of EGM was approved by the Independent Shareholders by poll voting at the EGM held on 19 August 2020. The poll results in respect of the resolution proposed at the EGM are set out as follows:

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1. the directors of the Company be and are hereby authorised to do all such acts and things and to sign and execute all such documents, instruments and agreements for and on behalf of the Company as they may consider necessary, appropriate, desirable or expedient to give effect to or in connection with paragraph (a) of this resolution.

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

As at the date of the EGM, the total number of issued Shares is 5,886,121,025 Shares. As at the date of the EGM, Mr. Chen Yiliang, Mr. Chen Yiyong and Mr. Chen Yizhong and their associates (including Mr. Chen Yihong) (together controlling or being entitled to exercise control over the voting rights in respect of 2,294,174,742 Shares, being approximately 38.98% of the total issued Shares as at the date of the EGM) were required under the Listing Rules to abstain and had abstained from voting at the EGM on the resolution relating to the 2020 Renewed Framework Agreement and the Annual Caps.

Save as disclosed above, to the best knowledge, information and belief of the Directors, no other Shareholder has a material interest in the 2020 Renewed Framework Agreement and the transactions contemplated thereunder and therefore was required under the Listing Rules to abstain from voting on the resolution proposed at the EGM. The total number of Shares entitling the Independent Shareholders to attend and vote on the resolution at the EGM was 3,591,946,283 Shares.

No Shareholder was only entitled to attend and abstain from voting in favour of the resolution proposed at the EGM as set out in Rule 13.40 of the Listing Rules.

Save as disclosed above, no Shareholder had indicated in the Circular any intention to vote against or to abstain from voting on the resolutions at the EGM.

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Computershare Hong Kong Investor Services Limited, the Company's branch share registrar in Hong Kong, acted as scrutineer for the vote-taking at the EGM.

By order of the Board

China Dongxiang (Group) Co., Ltd.

Chen Yihong

Chairman

19 August 2020

As at the date of this announcement, the executive directors of the Company are Mr. Chen Yihong, Mr. Zhang Zhiyong, Ms. Chen Chen and Mr. Lyu Guanghong; and the independent non-executive directors of the Company are Dr. Chen Guogang, Mr. Gao Yu and Mr. Liu Xiaosong.

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