China High Speed Trnsmsn Eqpt : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 3 JANUARY 2019

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(incorporated in the Cayman Islands with limited liability)

(Stock Code: 658)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 3 JANUARY 2019

References are made to the circular (the "Circular") and the notice (the "Notice") of the extraordinary general meeting (the "EGM") of China High Speed Transmission Equipment Group Co., Ltd. (the "Company") both dated 11 December 2018. Unless the context requires otherwise, capitalised terms used in this announcement have the same meanings as those defined in the Circular.

At the EGM held on 3 January 2019, voting on each of the proposed resolutions (the "Resolution(s)") as set out in the Notice was conducted by poll. The Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited (the "Share Registrar"), acted as the scrutineer for the vote-taking at the EGM.

As at the date of the EGM, there were a total of 1,635,291,556 issued Shares. To the best of the Directors' knowledge, information and belief having made all reasonable enquiries, no Shareholders were required to abstain from voting on the Resolutions proposed at the EGM. As such, there were a total of 1,635,291,556 Shares, representing 100% of the issued share capital of the Company as at the date of the EGM, entitling Shareholders to attend and vote for or against the Resolutions.

None of the Shareholders was entitled to attend and abstain from voting in favour of the Resolutions proposed at the EGM according to Rule 13.40 of the Listing Rules. None of the Shareholders had stated their intention in the Circular to vote against the Resolutions proposed at the EGM or are required under the Listing Rules to abstain from voting at the EGM.

The poll results in respect of each of the Resolutions are as follows:

RESOLUTIONSNumber of votes and approximate percentage Total number of total number of votes of votes cast

For Against

SPECIAL RESOLUTION

• 1. To approve the removal of Ernst 1,253,381,297

  & Young Certified Public Accountants ("EY") as the auditor of the Group with immediate effect.

  (100.00%)

  0 1,253,381,297 (0.00%)

  ORDINARY RESOLUTION

• 2. (Subject to the passing of the special resolution to remove EY as the auditor of the Group) to approve the appointment of PricewaterhouseCoopers Certified Public Accountants as the auditor of the Group with immediate effect and to hold office until the conclusion of the next annual general meeting of the Company and to authorise the board of directors of the Company to fix its remuneration.

1,253,381,297

(100.00%)

0 1,253,381,297 (0.00%)

As not less than 75% of the votes were cast in favour of the special resolution (no. 1 above), the special resolution was duly passed by the Shareholders at the EGM.

As more than 50% of the votes were cast in favour of the ordinary resolution (no. 2 above), the ordinary resolution was duly passed by the Shareholders at the EGM.

Others

The Board also wishes to clarify and correct the Chinese translation in the proxy form (the "Proxy Form(s)") accompanied to the Circular and the Notice as follows:-

The Chinese translation of "hold office until the conclusion of the next annual general meeting of the Company" as disclosed in the section headed "ORDINARY RESOLUTION" should be read as "΂ಂٜЇ͉ʮ̡ɨٰ֣؇඄ϋɽึഐҼމ˟"

instead of "΂ಂٜЇ͉ʮ̡ɨٰ֣؇तйɽึഐҼމ˟".

As the content of the English Proxy Form remains correct and no Shareholders adopted the Chinese Proxy Form to vote in the EGM, all Proxy Forms that were already duly completed and lodged with the Share Registrar remained valid and accepted in the EGM.

By order of the Board China High Speed Transmission

Equipment Group Co., Ltd.

HU YUEMING

Chairman

Hong Kong, 3 January 2019

As at the date of this announcement, the executive Directors are Mr. Chen Yongdao, Mr. Wang Zhengbing, Mr. Zhou Zhijin, Mr. Hu Jichun and Ms. Zheng Qing; the non-executive Directors are Mr. Hu Yueming and Mr. Yuen Chi Ping; and the independent non-executive Directors are Dr. Chan Yau Ching, Bob, Ms. Jiang Jianhua, Mr. Jiang Xihe and Mr. Nathan Yu Li.

* For identification purpose only