Shougang Fushan Resources : Announcements and Notices - VOTING RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 16 MAY 2019

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首 鋼 福 山 資 源 集 團 有 限 公 司

SHOUGANG FUSHAN RESOURCES GROUP LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 639)

VOTING RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 16 MAY 2019

The Board is pleased to announce that all the resolutions set out in the AGM Notice were duly passed by the Shareholders by way of poll at the Annual General Meeting held on 16 May 2019.

Reference is made to the circular of the Company dated 10 April 2019 (the "Circular") to the Shareholders regarding proposals for general mandates to issue and buy back shares, re-election of retiring directors and notice of Annual General Meeting (the "AGM Notice"). Capitalized terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise. The Circular may be viewed at, and downloaded from, the website of the Company at www.shougang-resources.com.hkand the website of Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk.

VOTING RESULTS OF THE ANNUAL GENERAL MEETING

The Board is pleased to announce that all the resolutions set out in the AGM Notice contained in the Circular were duly passed by the Shareholders by way of poll at the Annual General Meeting held on 16 May 2019.

The Company's share registrar, Tricor Tengis Limited, was appointed as the scrutineer at the Annual General Meeting for the purpose of vote-taking. The voting results in respect of the resolutions as set out in the AGM Notice are as follows:-

	Number of votes cast
Ordinary Resolutions	(percentage of total number of	Total number
	votes cast)	of votes cast
	For	Against
1. To receive the report of the directors	3,839,772,822	0	3,839,772,822
and the audited financial statements for	(100%)	(0%)
the year ended 31 December 2018.

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			Number of votes cast
	Ordinary Resolutions		(percentage of total number of	Total number
			votes cast)	of votes cast
			For	Against
2. To declare a final dividend for the year	3,841,588,822	0	3,841,588,822
ended 31 December 2018.		(100%)	(0%)
3. A.	To re-elect Mr. Ding Rucai	as	3,666,455,104	175,133,718	3,841,588,822
	director.		(95.44%)	(4.56%)
B.	To re-elect Mr. Choi Wai Yin	as	3,761,889,323	79,699,499	3,841,588,822
	director.		(97.93%)	(2.07%)
C. To re-elect Mr. Japhet Sebastian	3,455,039,183	386,545,639	3,841,588,822
	Law as director.		(89.94%)	(10.06%)
D. To re-elect Ms. Chang Cun as	3,789,803,830	51,780,992	3,841,588,822
	director.		(98.65%)	(1.35%)
4. To re-appoint auditor and to authorise	3,827,682,822	13,906,000	3,841,588,822
the directors to fix its remuneration.		(99.64%)	(0.36%)
5. To pass Resolution 5 of the AGM	3,408,532,654	431,881,355	3,840,414,009
Notice - to give a general mandate to	(88.75%)	(11.25%)
the directors to issue and dispose of
shares not exceeding 20% of the
existing total number of shares of the
Company in issue.
6. To pass Resolution 6 of the AGM	3,840,790,822	0	3,840,790,822
Notice - to give a general mandate to	(100%)	(0%)
the directors to buy back shares not
exceeding 10% of the existing total
number of shares of the Company in
issue.
7. To pass Resolution 7 of the AGM	3,422,453,791	419,135,031	3,841,588,822
Notice - to add, conditional upon the	(89.09%)	(10.91%)
passing of resolution 6 above, the total
number of shares bought back to the
general mandate given to the directors
to allot shares.

As at the date of the Annual General Meeting, the number of Shares in issue was 5,301,837,842 which was the total number of Shares entitling the Shareholders to attend and vote on the resolutions at the Annual General Meeting. There were no Shares entitling the Shareholders to attend and abstain from voting in favour as set out in Rule 13.40 of the Listing Rules and no Shareholders were required under the Listing Rules to abstain from voting at the Annual General Meeting. No parties have indicated in the Circular that they intend to vote against or to abstain from voting on any resolutions at the Annual General Meeting.

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By Order of the Board

Shougang Fushan Resources Group Limited

Ding Rucai

Chairman

Hong Kong, 16 May 2019

As at the date of this announcement, the Board comprises Mr. Ding Rucai (Chairman), Mr. Li Shaofeng (Managing Director), Mr. So Kwok Hoo (Deputy Managing Director), Mr. Chen Zhaoqiang (Deputy Managing Director), Mr. Liu Qingshan (Deputy Managing Director), Ms. Chang Cun (Non-executive Director), Mr. Kee Wah Sze (Independent Non-executive Director), Mr. Choi Wai Yin (Independent Non-executive Director), Mr. Chan Pat Lam (Independent Non-executive Director) and Mr. Japhet Sebastian Law (Independent Non-executive Director).

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