AVIC International HK : POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 13 MARCH 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Bermuda with limited liability)

(Stock Code: 232)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 13 MARCH 2020

Reference is made to the circular (the "Circular") containing, inter alia, a notice (the "Notice") of special general meeting (the "SGM") dated 19 February 2020 of AVIC International Holding (HK) Limited (the "Company"). Capitalised terms used herein shall have the same meanings as those defined in the Circular unless defined otherwise.

The Board is pleased to announce that the ordinary resolution (the "Resolution") as set out in the Notice was duly passed by the Shareholders by way of poll at the SGM held on 13 March 2020.

As at the date of the SGM, the Company had a total number of 9,303,374,783 Shares in issue. As disclosed in the Circular, Aviation Industry and/or its associates (which together held 4,316,900,390 Shares as at the date of the SGM) were required to abstain from voting on Resolution at the SGM. Accordingly, the total number of Shares entitling the Shareholders to attend and vote for or against the Resolution at the SGM was 4,986,474,393 Shares.

Save as disclosed above, none of the Shareholders were required to abstain from voting at the SGM under the Listing Rules and there were no Shares entitling the holders to attend and abstain from voting in favour of the Resolution at the SGM as set out in Rule 13.40 of the Listing Rules.

Computershare Hong Kong Investor Services Limited, the branch share registrar of the Company in Hong Kong, acted as the scrutineer for the purpose of vote-taking at the SGM.

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The poll result of the resolution sets out in the Notice and proposed at the SGM are as follows:

	Ordinary Resolution	Number of Votes (%)	Passed/
	For	Against	Not Passed
1. To approve, confirm and ratify the	498,390,249	150,253,366	Passed
Second Sale Framework Agreement	76.84%	23.16%
and	the transactions contemplated
t h e r e u n d e r , t h e r e s p e c t i v e
annual caps for the transactions
contemplated thereunder and to
authorise any one or more of
the Directors to do all such acts
and things and execute all such
documents	which he/they consider
necessary,	desirable or expedient
for the purpose of, or in connection
w i t h , t h e i m p l e m e n t a t i o n o f
and giving effect to the Second
Sale	Framework Agreement and
the	transactions contemplated
thereunder.

• The full text of the Resolution is set out in the Notice.

As more than 50% of the votes were cast in favour of the Resolution, the Resolution was duly passed at the SGM.

By order of the Board

AVIC International Holding (HK) Limited

Lai Weixuan

Chairman

Hong Kong, 13 March 2020

As at the date of this announcement, the Board comprises Mr. Lai Weixuan, Mr. Fu Fangxing, Mr. Zhang Zhibiao, Mr. Yu Xiaodong and Mr. Zhao Yang as executive Directors; Mr. Chow Wai Kam as non-executive Director; Mr. Chu Yu Lin, David, Mr. Li Ka Fai, David and Mr. Zhang Ping as independent non-executive Directors.

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