Central : POLL RESULTS OF THE ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING HELD ON 3 AUGUST 2020 AND SHARE SUBDIVISION

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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 RESULTS OF THE ANNUAL GENERAL MEETING

AND EXTRAORDINARY GENERAL MEETING

HELD ON 3 AUGUST 2020

AND

SHARE SUBDIVISION

The Board is pleased to announce that:

1. all proposed resolutions set out in the Notice of AGM were duly passed by the Shareholders by way of poll at the AGM held on 3 August 2020; and
2. the resolution set out in the Notice of EGM was duly passed by the Shareholders by way of poll at the EGM held on 3 August 2020.

RESULTS OF THE AGM

Reference is made to the circular (the ''AGM Circular'') and notice of the annual general meeting (the ''Notice of AGM'') of Central Holding Group Co. Ltd. (the ''Company'') both dated 3 July 2020. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the AGM Circular and the Notice of AGM.

The Board is pleased to announce that at the AGM held on 3 August 2020, all the proposed resolutions set out in the Notice of AGM were duly passed by the Shareholders by way of poll.

The poll results in respect of the resolutions proposed at the AGM are as follows:

	Ordinary Resolutions	Number of Votes (%)
	For	Against
1.	To receive the audited consolidated financial	200,926,000	0
	statements and the reports of the directors and	(100%)	(0%)
	auditors for the year ended 31 March 2020.

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	Ordinary Resolutions	Number of Votes (%)
	For	Against
2.	To re-appoint HLB Hodgson Impey Cheng	200,926,000	0
	Limited as auditors of the Company and to	(100%)	(0%)
	authorise the Board to fix their remuneration.
3(a).	To re-elect Mr. Yu Zhuyun as an executive	200,926,000	0
	Director.	(100%)	(0%)
3(b).	To re-elect Mr. Li Menglin as an executive	200,926,000	0
	Director.	(100%)	(0%)
3(c).	To re-elect Mr. Qiao Xiaoge as a non-	200,926,000	0
	executive Director.	(100%)	(0%)
3(d).	To re-elect Mr. Gao Jian as a non-executive	200,926,000	0
	Director.	(100%)	(0%)
3(e).	To re-elect Ms. Zhu Yujuan as a non-executive	200,926,000	0
	Director.	(100%)	(0%)
3(f).	To re-elect Dr. Li David Xianglin as an	200,926,000	0
	independent non-executive Director.	(100%)	(0%)
3(g).	To re-elect Mr. Wang Wenxing as an	200,926,000	0
	independent non-executive Director.	(100%)	(0%)
3(h).	To re-elect Dr. Zhou Chunsheng as an	200,926,000	0
	independent non-executive Director.	(100%)	(0%)
4.	To authorise the Board to fix the remuneration	200,926,000	0
	of the Directors.	(100%)	(0%)
5.	To grant a general mandate to the Directors to	200,926,000	0
	allot, issue and deal with additional Shares not	(100%)	(0%)
	exceeding 20% of the total number of issued
	shares of the Company as at the date of
	passing of this resolution.#

• The full text of resolution 5 is set out in the Notice of AGM.

RESULTS OF THE EGM

Reference is made to the circular (the ''EGM Circular'') and notice of the extraordinary general meeting (the ''Notice of EGM'') of the Company both dated 17 July 2020. Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the EGM Circular and the Notice of EGM.

The Board is pleased to announce that at the EGM held on 3 August 2020, the proposed resolution set out in the Notice of EGM was duly passed by the Shareholders by way of poll.

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The poll results in respect of the resolution proposed at the EGM are as follows:

	Ordinary Resolution#	Number of Votes (%)
For	Against
1.	To approve the Share Subdivision.	200,258,000	0
		(100%)	(0%)

• The full text of resolution 1 is set out in the Notice of EGM.
  Notes:

1. As at the date of the AGM and the EGM, the total number of shares of the Company in issue was 264,000,000 shares.
2. The total number of shares of the Company entitling the holder to attend and vote on the resolutions at the AGM and the EGM was 264,000,000 shares.
3. There were no shares entitling the holder to attend and abstain from voting in favour of the resolutions at the AGM or the EGM as set out in rule 13.40 of the Listing Rules.
4. No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM or the EGM.
5. None of the shareholders of the Company have stated their intention in the AGM Circular or the EGM Circular to vote against or to abstain from voting on any of the resolutions at the AGM or the EGM respectively.
6. The Company's branch share registrar and transfer office in Hong Kong, Boardroom Share Registrars (HK) Limited, acted as the scrutineer for the vote-taking at the AGM and the EGM.

SHARE SUBDIVISION

All the conditions precedent to the Share Subdivision had been fulfilled and the Share Subdivision will become effective on Wednesday, 5 August 2020. Dealings in the Subdivided Shares will commence at 9:00 a.m. on Wednesday, 5 August 2020 and the Shareholders may submit the Existing Share Certificate(s) to the branch share registrar and transfer office of the Company in Hong Kong, Boardroom Share Registrars (HK) Limited at 2103B, 21st Floor, 148 Electric Road, North Point, Hong Kong, in exchange for the New Share Certificate(s) free of charge between 9:00 a.m. and 4:30 p.m. on any Business Day from Wednesday, 5 August 2020 to Thursday, 10 September 2020 (both dates inclusive). It is expected that the New Share Certificate(s) will be available for collection within 10 Business Days after the submission of the Existing Share Certificate(s) to Boardroom Share Registrars (HK) Limited for exchange.

By Order of the Board

Central Holding Group Co. Ltd.

Yu Zhuyun

Chairman, Chief Executive Officer and Executive Director

Hong Kong, 3 August 2020

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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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