Yue Da International : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 18 OCTOBER 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

YUE DA INTERNATIONAL HOLDINGS LIMITED

悅 達 國 際 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 629)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 18 OCTOBER 2019

Reference is made to the circular (the "Circular") and the notice of extraordinary general meeting (the "Notice of EGM") dated 30 September 2019 issued by Yue Da International Holdings Limited (the "Company", together with its subsidiaries, the "Group"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the ordinary resolution as set out in the Notice of EGM of the Company were duly passed by the Independent Shareholders by way of poll at the EGM held on 18 October 2019.

As at the date of the EGM, there were 1,168,626,516 issued shares of the Company of HK$0.1 each (the "Shares"). As at the date of the EGM, the Purchaser and its associates together held 808,979,333 shares in the Company (representing approximately 69.22% of the entire issued share capital of the Company) were required to abstain, and had so abstained, from voting on the ordinary resolution at the EGM. The total number of Shares entitling the holders to attend and vote in respect of the ordinary resolution at the EGM was 359,647,183 shares. Save as disclosed above, no Shareholder was required under the Listing Rules to abstain from voting on the ordinary resolution at the EGM.

Hong Kong Registrars Limited, the branch share registrar of the Company in Hong Kong, acted as the scrutineer for the vote-taking at the EGM.

1

The poll results in respect of the resolution put to vote at the EGM are set out as follows:

	ORDINARY RESOLUTION	Number of Votes
	For	Against
a)	The approval, confirmation and ratification of	64,201,772	0
	the share disposal agreement dated 23 July 2019	shares	share
	entered into between the Company and Yue Da	(100%)	(0%)
	Group (H.K.) Co., Limited (the "Share Purchase
	Agreement") in relation to the disposal of the
	entire equity interest in Yuelong Limited (the
	"Disposal")
b)	The approval, confirmation and ratification of the
	Disposal
c)	The authorization of any one or more of the
	directors of the Company to do all such acts and
	things, negotiate, approve, sign, initial, ratify
	and/or execute all documents which may in his/
	her opinion be necessary, desirable or expedient
	to implement and give effect to any matters
	arising from, relating to or incidental to the Share
	Purchase Agreement and the Disposal

Note: The number of votes and approximate percentage of voting as stated above are based on the total number of issued Shares held by the Shareholders who attended and voted at the EGM in person, by authorised representative or by proxy.

As more than 50% of the votes were cast in favour of the ordinary resolution, the ordinary resolution was duly passed at the EGM.

The Board is pleased to announce that all conditions precedent have been fulfilled and the Completion took place on 18 October 2019 in accordance with the terms and conditions of the Share Purchase Agreement.

By Order of the Board

Yue Da International Holdings Limited

Hu Huaimin

Executive Director and Chief Executive

Hong Kong, 18 October 2019

As at the date of this announcement, the Board comprises the following members: (a) as non- executive Directors, Mr. Tang Rujun and Mr. Li Biao; (b) as executive Directors, Mr. Liu Debing, Mr. Hu Huaimin, Mr. Cai Baoxiang and Mr. Bai Zhaoxiang; and (c) as independent non-executive Directors, Mr. Cui Shuming, Dr. Liu Yongping and Mr. Cheung Ting Kee.

If there is any inconsistency in this announcement between the Chinese and English versions, the English version shall prevail.

2