Changan Minsheng APLL Logistics : Poll Results of 2019 First Extraordinary General Meeting

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重慶長安民生物流股份有限公司

Changan Minsheng APLL Logistics Co., Ltd.*

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01292)

POLL RESULTS OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

The Board announces that all resolutions proposed at the EGM held on 20 December 2019 were duly passed.

Reference is made to the Notice of 2019 First Extraordinary General Meeting (the "Notice") of Changan Minsheng APLL Logistics Co., Ltd. (the "Company") issued on 4 November 2019 and the circular of the Company dated 4 December 2019 (the "Circular"). Unless otherwise defined, capitalized terms used in this announcement shall have the same meaning as those defined in the Notice and the Circular.

The 2019 first extraordinary general meeting (the "EGM") of the Company was held at the Conference Room, No.1881, Jinkai Road, Yubei District, Chongqing, the PRC, at 10:00 a.m. on 20 December 2019. The Board is pleased to announce that all the resolutions set out in the Notice were duly passed.

The voting of the resolutions set out in the Notice was taken by poll. The poll results were as follows:

		No. of votes (%)	Total	number	of
				shares	held by	the
	Resolutions	For	Against	shareholders	who
		attend the EGM and
				have the right to vote
	Ordinary Resolutions
	To consider and approve the proposed cap of
	RMB4,060,000,000 for the year ending 31 December 2020 in
	relation to the provision of logistics services (including but not
Resolution	limited to the following logistics services: finished vehicle
transportation, tire assembly, and supply chain management for
1	69,415,400	3,688,000
car raw materials, components and parts) by the Company and	73,103,400
(ordinary	(94.96%)	(5.04%)
its subsidiaries to Chongqing Changan Automobile Co., Ltd.
resolution)
("Changan Automobile") and its associates contemplated under
	the framework agreement entered into between the Company
	and Changan Automobile on 30 October 2017 and that the said
	framework agreement is hereby confirmed and ratified

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	To consider and approve the proposed cap of RMB95,000,000
	for the year ending 31 December 2020 in relation to the
	provision of logistics services (including but not limited to the
	following logistics services: finished vehicle transportation, tire
Resolution	assembly, supply chain management for	car	raw	materials,
components and parts; and	logistics	services	for	non-
2	69,415,400	3,688,000
automobile products, such as transformer, steel, optical product	73,103,400
(ordinary	(94.96%)	(5.04%)
and specialty product) by the Company and its subsidiaries to
resolution)
	China Changan Automobile Group Company Limited ("China
	Changan") and its associates contemplated under the
	framework agreement entered into between the Company and
	China Changan on 30 October 2017 and that the said
	framework agreement is hereby confirmed and ratified
	To consider and approve the proposed cap of RMB265,000,000
	for the year ending 31 December 2020 in relation to the
	purchase of logistics services from Minsheng Industrial
Resolution	(Group) Co., Ltd. ("Minsheng Industrial") and its associates by
3	the Company and its subsidiaries contemplated	under the	78,421,800	3,688,000	82,109,800
(ordinary	framework agreement entered into between the Company and	(95.51%)	(4.49%)
resolution)	Minsheng Industrial on 30 October 2017 for the purpose of
	purchasing logistics services from Minsheng Industrial and its
	associates and that the said framework agreement is hereby
	confirmed and ratified
	To consider and approve proposed maximum daily balance on
	the deposits (i.e. RMB200,000,000) for the year ending 31
Resolution	December 2020 in relation to the provision of deposit services
by Binqi Zhuangbei Group	Financial	Limited	Liability
4	69,375,400	3,728,000
Company ("Zhuangbei Finance") to the	Company and its	73,103,400
(ordinary	(94.90%)	(5.10%)
subsidiaries contemplated under the framework agreement
resolution)
entered into between the Company and Zhuangbei Finance on
	30 October 2017 and that the said framework agreement is
	hereby confirmed and ratified
	To consider and approve the proposed cap of RMB23,000,000
	for the year ending 31 December 2020 in relation to the
Resolution	provision of logistics services by the	Company and its
subsidiaries to Minsheng Industrial and	its	associates
5	78,421,800	3,688,000
contemplated under the framework agreement entered	into	82,109,800
(ordinary		(4.49%)
between the Company and Minsheng Industrial on 30 October	(95.51%)
resolution)
	2017 for the purpose of provision of logistics services to
	Minsheng Industrial and its associates and that the said
	framework agreement is hereby confirmed and ratified
	Special Resolution
Resolution
6	To consider and approve the amendments to the Articles of	110,641,000	3,688,000	114,329,000
(special	Association of the Company							(3.23%)
					(96.77%)
resolution)

As at the record date of the EGM, i.e. 20 December 2019 (the "Record Date"), the issued share capital of the Company comprised 162,064,000 shares, which was the total number of shares entitling the holders to attend and vote for or against the resolutions at the EGM. According to the Listing Rules, China Changan and its associates, holding a total of 41,225,600 shares in the Company as of the Record Date, had abstained from voting on Resolutions No.1, 2 and 4 respectively at the EGM, and Minsheng Industrial, Ming Sung Industrial Co., (HK) Limited and their respective associates, holding a total of

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32,219,200 shares in the Company as of the Record Date, had abstained from voting on Resolution No.3 and 5 at the EGM. The Company's share registrar, Computershare Hong Kong Investor Services Limited, and the Company's PRC lawyer, Grandall Law Firm (Chongqing), were appointed as the scrutineers for the vote-taking at the EGM.

Save as disclosed above, the Company was not aware of any parties indicating their intention to vote only against any of the resolutions at the EGM. Save as disclosed above and so far as is known to the Company, none of our Shareholders was entitled to attend the EGM and abstain from voting in favour of the resolutions as set out in Rule 13.40 of the Listing Rules.

By Order of the Board

Changan Minsheng APLL Logistics Co., Ltd.

Xie Shikang

Chairman

Chongqing, the PRC

20 December 2019

As at the date of this announcement, the board of directors of the Company comprises: (1) Mr. Xie Shikang, Mr. Chen Wenbo, Mr. William K Villalon and Mr. Shi Jinggang as the executive directors;

1. Mr. Chen Xiaodong, Mr. Man Hin Wai Paul (also known as Paul Man) and Mr. Li Xin as the non- executive directors; (3) Mr. Chong Teck Sin, Mr. Poon Chiu Kwok, Mr. Jie Jing and Ms. Zhang Yun as the independent non-executive directors.

* For identification purpose only

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