Central : POLL RESULT OF THE EXTRAORDINARY GENERAL MEETING HELD ON 27 AUGUST 2020

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CENTRAL HOLDING GROUP CO. LTD.

中 環 控 股 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(STOCK CODE: 1735)

POLL RESULT OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 27 AUGUST 2020

Reference is made to the circular (the ''EGM Circular'') and notice of the extraordinary general meeting (the ''Notice of EGM'') of Central Holding Group Co. Ltd. (the ''Company''), both dated 10 August 2020. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the EGM Circular and the Notice of EGM.

POLL RESULT OF THE EGM

The Board is pleased to announce that at the EGM held on 27 August 2020, the proposed resolution set out in the Notice of EGM was duly passed by the Shareholders by way of poll.

As at the date of the EGM, the total number of issued Shares was 1,056,000,000 Shares. As disclosed in the EGM Circular, Central Culture Resource Group Limited and its associates, in aggregate holding 792,000,000 Shares were required to and did abstain from voting on the proposed resolution at the EGM. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote for or against the proposed resolution at the EGM was 264,000,000 Shares. Save as disclosed above, none of the other Shareholders were required to abstain from voting at the EGM and there were no Shares entitling the Shareholders to attend and vote only against the proposed resolution at the EGM, nor any of the Shareholders had stated their intention in the EGM Circular to vote against or to abstain from voting on the proposed resolution at the EGM.

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The Company's branch share registrar in Hong Kong, Boardroom Share Registrars (HK) Limited, was appointed as the scrutineer for the purpose of vote-taking at the EGM. The poll result taken at the EGM in respect of the proposed resolution was as follows:

	Ordinary Resolution	Number of Votes (%)
For	Against
1.	To approve, confirm and ratify Construction Services	4,760,080	0
	Agreement and the transactions contemplated thereunder	(100%)	(0%)
	and the Annual Caps.

• Full text of resolution is set out in the Notice of EGM.

As more than 50% of the votes were cast in favour of the above resolution, the above resolution was therefore duly passed by the Shareholders as an ordinary resolution of the Company at the EGM.

By Order of the Board

Central Holding Group Co. Ltd.

Li Meng Lin

Executive Director

Hong Kong, 27 August 2020

As at the date of this announcement, the executive Directors are Mr. Yu Zhuyun (Chairman and Chief Executive Officer) and Mr. Li Menglin; the non-executive Directors are Mr. Qiao Xiaoge, Mr. Gao Jian and Ms. Zhu Yujuan; and the independent non-executive Directors are Dr. Li David Xianglin, Mr. Wang Wenxing and Dr. Zhou Chunsheng.

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