Kingwell : POLL RESULTS AT ANNUAL GENERAL MEETING HELD ON 12 DECEMBER 2019

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KINGWELL GROUP LIMITED

京 維 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1195)

POLL RESULTS AT ANNUAL GENERAL MEETING HELD ON

12 DECEMBER 2019

POLL RESULTS AT THE ANNUAL GENERAL MEETING

The Board is pleased to announce that all the resolutions proposed at the AGM held on 12 December 2019 were duly passed by way of poll.

POLL RESULTS AT THE ANNUAL GENERAL MEETING

Reference is made to the Company's circular dated 31 October 2019 (the "Circular"). Terms used in this announcement shall have the same meanings as defined in the Circular, unless the context otherwise requires.

At the annual general meeting of Kingwell Group Limited (the "Company") held on 12 December 2019 (the "AGM"), the proposed resolutions as set out in the notice of AGM were taken by poll. The Company's Hong Kong branch share registrar, Hong Kong Registrars Limited, was appointed as the scrutineer at the AGM for the purpose of vote-taking.

As at the date of the AGM, the total number of issued shares in the Company was 2,884,091,737 Shares, which was the total number of shares in the Company entitling the holders to attend and vote for or against the resolutions at the AGM. There was no Shares entitling the holders to attend and vote only against any of the resolutions at the AGM. There was no Shares entitling the Shareholders to attend and abstain from voting in favour of any of the resolutions at the AGM as set out in Rule 13.40 of the Listing Rules.

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Shareholders of the Company representing 1,028,414,929 shares of the Company were present, in person or by proxy or corporate representative at the AGM and the Board is pleased to announce that the proposed resolutions were duly passed by the Shareholders by way of poll at the AGM. The poll results in respect of the respective resolutions were as follows:

					No. of Votes (%)	Total
			Ordinary Resolutions			Number of
		For	Against
					Votes Cast
1.	To		r e c e iv e a n d c o n s i d e r t h e a u d i t e d	1,028,414,929	0	1,028,414,929
	consolidated financial statements and the	100%	0%
	reports of the directors and auditor for the year
	ended 30 June 2019.
2.	(a)		(i)	To re-elect Mr. Mu Dongsheng as an	1,028,414,929	0	1,028,414,929
				executive director.	100%	0%
			(ii)	To re-elect Mr. Cheung Chuen as an	1,028,414,929	0	1,028,414,929
				independent non-executive director.	100%	0%
	(b)	To authorise the board of directors to fix	1,028,414,929	0	1,028,414,929
			their remuneration.	100%	0%
3.	To re-appoint Ernst & Young as auditor and	1,028,414,929	0	1,028,414,929
	to authorize the board of directors to fix their	100%	0%
	remuneration.
4.	To	grant a general mandate to the board of	1,028,414,929	0	1,028,414,929
	directors to allot, issue and deal with additional	100%	0%
	shares in the Company, not exceeding 20% of
	the issued shares of the Company as at the date
	of the passing of this resolution.
5.	To approve the adoption of new share option	1,028,414,929	0	1,028,414,929
	scheme and termination of existing share	100%	0%
	option scheme.

On the basis of the votes set out above, all the above resolutions were duly passed as ordinary resolutions.

No Shareholder was required to abstain from voting in respect of any resolutions proposed for approval at the AGM.

By Order of the Board

KINGWELL GROUP LIMITED

Mu Dongsheng

Chairman

Hong Kong, 12 December 2019

As at the date of this announcement, the Board comprises Mr. Mu Dongsheng and Mr. Sze Ming Yee as executive Directors, and Mr. Cheung Chuen, Mr. Ling Aiwen and Mr. Lu Lin as independent non-executive Directors.

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