Yixin : POLL RESULTS OF ANNUAL GENERAL MEETING HELD ON MAY 6, 2021 AND RETIREMENT OF DIRECTOR

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YIXIN GROUP LIMITED

易鑫集團有限公司

(incorporated in the Cayman Islands with limited liability and

carrying on business in Hong Kong as "Yixin Automotive Technology Group Limited")

(Stock Code: 2858)

POLL RESULTS OF ANNUAL GENERAL MEETING

HELD ON MAY 6, 2021

AND

RETIREMENT OF DIRECTOR

RESULTS OF THE ANNUAL GENERAL MEETING

The Board is pleased to announce that at the Annual General Meeting, all the proposed Resolutions were duly passed by the Shareholders by way of poll.

RETIREMENT OF DIRECTOR

The Board announces that Mr. Huan Zhou retired from office as a non-executive Director according to article 16.18 of the Articles of Association at the conclusion of the AGM.

References are made to the circular (the "AGM Circular") and the notice (the "AGM Notice") of the Annual General Meeting of Yixin Group Limited 易鑫集團有限公司(the "Company"), both dated April 7, 2021. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the AGM Circular.

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RESULTS OF THE ANNUAL GENERAL MEETING

The Board is pleased to announce that at the Annual General Meeting held on May 6, 2021, all the ordinary resolutions (the "Resolutions") as set out in the AGM Notice were proposed and duly passed by the Shareholders by way of poll with the results as follows:

		NUMBER OF SHARES (%)
	ORDINARY RESOLUTIONS
	FOR	AGAINST
1.	To receive the audited consolidated financial	4,726,218,858	6,432,000
	statements of the Company and the reports of the	(99.86%)	(0.14%)
	Directors and independent auditor for the year ended
	December 31, 2020.
2.	a) To re-elect Mr. Chenkai Ling as Director.	4,724,070,258	8,580,600
		(99.82%)	(0.18%)
	b) To re-elect Mr. Tin Fan Yuen as Director.	4,724,836,758	7,814,100
		(99.83%)	(0.17%)
	c) To re-elect Mr. Chester Tun Ho Kwok as	4,724,561,858	8,089,000
	Director.	(99.83%)	(0.17%)
	d) To re-elect Ms. Lily Li Dong as Director.	4,725,943,958	6,706,900
		(99.86%)	(0.14%)
	e) To authorize the Board to fix the remuneration	4,726,218,858	6,432,000
	of the Directors.	(99.86%)	(0.14%)
3.	To re-appoint PricewaterhouseCoopers as the auditor	4,726,218,858	6,432,000
	of the Company and to authorize the Board to fix the	(99.86%)	(0.14%)
	auditor's remuneration.
4.	To give a general mandate to the Directors to buy-	4,726,218,858	6,432,000
	back shares of the Company not exceeding 10% of the	(99.86%)	(0.14%)
	total number of issued shares of the Company.
5.	To give a general mandate to the Directors to issue,	4,706,783,204	25,867,654
	allot and deal with new shares of the Company not	(99.45%)	(0.55%)
	exceeding 20% of the total number of issued shares of
	the Company.
6.	To extend the general mandate granted to the	4,706,843,704	25,807,154
	Directors to issue, allot and deal with new shares of	(99.45%)	(0.55%)
	the Company by the aggregate number of the shares
	bought back by the Company.

Note: Please refer to the AGM Notice for full text of the Resolutions.

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As more than 50% of the votes were cast in favour of each of the Resolutions, all of the Resolutions were duly passed by way of poll as ordinary resolutions of the Company.

As at the date of the Annual General Meeting, the total number of issued Shares was 6,376,710,363 Shares, which was the total number of Shares entitling holders to attend and vote on the Resolutions proposed at the Annual General Meeting. No Shareholder was required under the Listing Rules to abstain from voting on the Resolutions at the Annual General Meeting and there were no Shares entitling the holders to attend and abstain from voting in favour of the Resolutions at the Annual General Meeting as set out in Rule 13.40 of the Listing Rules. None of the Shareholders have stated their intention in the AGM Circular to vote against or to abstain from voting on any of the Resolutions at the Annual General Meeting.

The Company's Hong Kong Share Registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the Annual General Meeting.

RETIREMENT OF DIRECTOR

The Board announces that Mr. Huan Zhou retired from office as a non-executive Director according to Article 16.18 of the Articles of Association at the conclusion of the AGM. Mr. Huan Zhou did not offer himself for re-election due to his other business commitments which require more of his dedication.

Mr. Huan Zhou confirmed that he has no disagreement with the Board and there is no matter in his knowledge which he considers necessary to be brought to the attention of the Shareholders or the Stock Exchange.

The Board would like to take this opportunity to express its gratitude to Mr. Huan Zhou for his invaluable contributions to the Company during his tenure of office.

By Order of the Board

Yixin Group Limited

易鑫集團有限公司

Andy Xuan Zhang

Chairman

Hong Kong, May 6, 2021

The Directors as at the date of this announcement are:

Executive Directors	Mr. Andy Xuan Zhang and Mr. Dong Jiang
Non-executive Directors	Mr. Jimmy Chi Ming Lai and Mr. Chenkai Ling
Independent non-executive	Mr. Tin Fan Yuen, Mr. Chester Tun Ho Kwok and
Directors	Ms. Lily Li Dong

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