Yee Hop : PROPOSALS FOR (1) ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS OF DIRECTORS AND AUDITORS (2) RE-ELECTION OF RETIRING DIRECTORS (3) RE-APPOINTMENT OF THE AUDITORS (4) MANDATES TO ISSUE AND REPURCHASE SHARES AND NOTICE OF 2020 ANNUAL GENERAL MEETING

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in Yee Hop Holdings Limited, you should at once hand this circular and the accompanying form of proxy to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

YEE HOP

Yee Hop Holdings Limited

義合控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1662)

PROPOSALS FOR

1. ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS OF DIRECTORS AND AUDITORS
2. 1. 1. RE-ELECTIONOF RETIRING DIRECTORS
      2. RE-APPOINTMENTOF THE AUDITORS
   2. MANDATES TO ISSUE AND REPURCHASE SHARES

AND

NOTICE OF 2020 ANNUAL GENERAL MEETING

This circular, for which the directors (the ''Directors'') of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') for the purpose of giving information with regard the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this circular is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this circular misleading.

A notice convening the 2020 annual general meeting (''2020 AGM'') of Yee Hop Holdings Limited to be held at 24/F, Admiralty Centre I, 18 Harcourt Road, Hong Kong on Friday, 4 September 2020 at 10 : 00 a.m. is set out on pages 19 to 24 of this circular. A proxy form for use at the 2020 AGM is enclosed with this circular.

Whether or not you are able to attend the 2020 AGM, you are requested to complete the proxy form in accordance with the instructions printed thereon and return the same to the branch share registrar and transfer office of the Company in Hong Kong, Tricor Investor Services Limited, Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong as soon as possible and in any event not less than 48 hours before the time appointed for holding of the 2020 AGM or any adjournment thereof. Completion and return of the proxy form will not preclude you from attending, and voting in person at, the 2020 AGM or any adjournment thereof should you so wish.

This circular, together with a form of proxy, will remain on the website of Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk for at least 7 days from the date of its publication and on the website of the Company at www.yee-hop.com.hk.

PRECAUTIONARY MEASURES FOR THE 2020 AGM

Please see page 24 of this circular for measures being taken to try to prevent and control the spread of the Novel Coronavirus (COVID-19) at the 2020 AGM, including:

. compulsory body temperature checks and health declarations

. recommended wearing of a surgical face mask for each attendee

. no distribution of corporate gift or refreshment

Any person who does not comply with the precautionary measures or is subject to any Hong Kong Government prescribed quarantine may be denied entry into the meeting venue. The Company reminds shareholders that they may appoint the chairman of the meeting as their proxy to vote on the relevant resolution(s) at the meeting as an alternative to attending the meeting in person.

31 July 2020

CONTENTS

Page

DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

LETTER FROM THE BOARD

1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

2. Adoption of the Audited Consolidated Financial Statements and the Reports of the Directors and Auditors for

	the year ended 31 March 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	5
3.	Re-election of Retiring Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	5
4.	Re-appointment of the Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	7
5.	Repurchase Mandate and Share Issue Mandate . . . . . . . . . . . . . . . . . . . . . . . . . . . .	7
6.	The 2020 Annual General Meeting and Proxy Arrangement . . . . . . . . . . . . . . . .	7
7.	Voting by Poll at the 2020 Annual General Meeting . . . . . . . . . . . . . . . . . . . . . . .	8
8.	Closure of Register of Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	8
9.	Responsibility of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	8
10.	Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	9
11.	General Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	9
12.	Language . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	9
APPENDIX I - EXPLANATORY STATEMENT FOR REPURCHASE
	MANDATE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	10
APPENDIX II - BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM . . . . . . . . . . . . . . . . . .	14
NOTICE OF 2020 ANNUAL GENERAL MEETING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	19

- i -

DEFINITIONS

In this circular, unless the context otherwise requires, the following expressions have the following meaning:

''2020 AGM''	the annual general meeting of the Company to be held at
	24/F, Admiralty Centre I, 18 Harcourt Road, Hong Kong
	on Friday, 4 September 2020 at 10 : 00 a.m., to consider
	and, if appropriate, to approve the resolutions contained
	in the notice of the 2020 AGM set out on pages 19 to 24
	of this circular, or any adjournment thereof
''2020 AGM Notice''	the notice convening the 2020 AGM set out on pages 19
	to 24 of this circular
''2020 Annual Report''	the annual report of the Company for the year ended 31
	March 2020 containing, inter alia, the audited financial
	statements of the Company and its subsidiaries and the
	Reports of the Directors and Auditors of the Company
	for the year ended 31 March 2020
''Articles''	the articles of association of the Company, adopted on 25
	November 2015, and with effect from the Listing Date as
	amended from time to time
''Auditors''	the auditors of the Company
''BGI Marine''	Shenzhen BGI Marine Sci & Tech Co. Ltd, a company
	incorporated in the PRC and an indirect subsidiary of the
	Company
''Board''	the board of Directors
''BVI''	the British Virgin Islands
''Close Associate(s)''	has the meaning defined in the Listing Rules
''Company''	Yee Hop Holdings Limited (義合控股有限公司), a
	company incorporated in the Cayman Islands with
	limited liability whose shares are listed on the Stock
	Exchange (stock code: 1662)
''Controlling Shareholder(s)''	has the same meaning as defined in the Listing Rules
''Core Connected Person(s)''	has the same meaning as defined in the Listing Rules
''Director(s)''	the Director(s) of the Company
''Executive Director(s)''	the Executive Director(s) of the Company
''Group''	the Company and its subsidiaries

- 1 -

	DEFINITIONS
''HK$''	Hong Kong dollars, the lawful currency of Hong Kong
''Hong Kong''	the Hong Kong Special Administrative Region of the
	PRC
''Independent Non-executive	the Independent Non-executive Director(s) of the
Director(s)''	Company
''JJ1318''	JJ1318 Holdings Limited, a company incorporated in the
	BVI, is wholly owned by Mr. Jim and is a Controlling
	Shareholder
''Latest Practicable Date''	17 July 2020, being the latest practicable date prior to the
	printing of this circular for the purpose of ascertaining
	certain information contained herein
''Listing Date''	18 December 2015, being the date on which dealings of
	the Shares of the Company on the main board of the
	Stock Exchange first commenced
''Listing Rules''	the Rules Governing the Listing of Securities on the Stock
	Exchange
''Memorandum''	the memorandum of association of the Company,
	adopted on 25 November 2015 and with effect from the
	Listing Date, and as amended from time to time
''Mr. Chui''	Mr. CHUI Mo Ming (徐武明), an Executive Director and
	a Controlling Shareholder
''Mr. Jim''	Mr. JIM Yin Kwan Jackin (詹燕群), an Executive
	Director and a Controlling Shareholder
''Mr. Xu JunMin''	Mr. XU JunMin (徐軍民), an Executive Director and a
	Substantial Shareholder. Mr. Xu also is the director and
	legal representative of BGI Marine and the ultimate
	beneficial owner of 30% share capital of the BGI Marine
''PRC''	the People's Republic of China
''Register of Members''	the register of members of the Company
''Repurchase Mandate''	the general and unconditional mandate proposed to be
	granted to the Board to repurchase the Shares up to an
	aggregate nominal amount not exceeding 10% of the
	aggregate nominal value of the issued share capital of the
	Company as at the date of the passing the relevant
	resolution at the 2020 AGM

- 2 -

	DEFINITIONS
''SFO''	the Securities and Futures Ordinance (Chapter 571 of the
	Laws of Hong Kong)
''Share(s)''	ordinary share(s) of HK$0.01 each in the issued share
	capital of the Company
''Shareholder(s)''	the shareholder(s) of the Company
''Share Issue Mandate''	the general and unconditional mandate proposed to be
	granted to the Board to (i) allot and issue Shares up to an
	aggregate nominal amount not exceeding 20% of the
	aggregate nominal value of the issued share capital of the
	Company as at the date of the passing of the relevant
	resolution at the 2020 AGM; and (ii) extend the mandate
	in (i) above by an amount representing the aggregate
	nominal amount of the Shares repurchased by the
	Company pursuant to and in accordance with the
	Repurchase Mandate
''Stock Exchange''	The Stock Exchange of Hong Kong Limited
''Substantial Shareholder(s)''	has the meaning as defined in the Listing Rules
''Takeovers Code''	the Codes on Takeovers and Mergers and Share Buy-
	backs

- 3 -

LETTER FROM THE BOARD

YEE HOP

Yee Hop Holdings Limited

義合控股有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1662)
Executive Directors:	Registered Office:
Mr. JIM Yin Kwan Jackin	Clifton House
Mr. CHUI Mo Ming	75 Fort Street
Mr. YAN Chi Tat	P.O. Box 1350
Mr. LEUNG Hung Kwong Derrick	Grand Cayman
Mr. XU JunMin	KY1-1108
	Cayman Islands
Independent Non-executive Directors:
Mr. LEE Luk Shiu	Headquarter, head office and
Mr. YU Hon Kwan	principal place of business in Hong Kong:
Mr. WONG Chi Keung Johnny	Units 1104-1106
	Nan Fung Commercial Centre

19 Lam Lok Street

Kowloon Bay

Kowloon

Hong Kong

31 July 2020

To the Shareholders

Dear Sir or Madam,

PROPOSALS FOR

1. ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS OF DIRECTORS AND AUDITORS
2. 1. RE-ELECTIONOF RETIRING DIRECTORS
   2. RE-APPOINTMENTOF THE AUDITORS

1. MANDATES TO ISSUE AND REPURCHASE SHARES AND

NOTICE OF 2020 ANNUAL GENERAL MEETING

1. INTRODUCTION

The purpose of this circular is to give you notice of the 2020 AGM and to provide you with details of the resolutions to be proposed at the 2020 AGM relating to:

1. the adoption of audited consolidated financial statements and the Reports of the Directors and Auditors for the year ended 31 March 2020;

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LETTER FROM THE BOARD

1. the proposed re-election of the retiring Directors;
2. the proposed re-appointment of the Auditors;
3. the granting of the Share Issue Mandate to the Directors; and
4. the granting of the Repurchase Mandate to the Directors.

A notice convening the 2020 AGM is set out on pages 19 to 24 of this circular.

2. RESOLUTION (1) ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND THE AUDITORS FOR THE YEAR ENDED 31 MARCH 2020

The audited consolidated financial statements of the Company for the year ended 31 March 2020 together with the Reports of the Directors and the Auditors, are set out in the 2020 Annual Report. The 2020 Annual Report may be viewed and downloaded from the website of the Company at www.yee-hop.com.hk and the website of Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk.

3. RESOLUTION (2) RE-ELECTION OF RETIRING DIRECTORS

The Board currently consists of five Executive Directors (''EDs'') namely Mr. Jim Yin Kwan Jackin (''Mr. Jim''), Mr. Chui Mo Ming (''Mr. Chui''), Mr. Yan Chi Tat (''Mr. Yan''), Mr. Leung Hung Kwong Derrick (''Mr. Leung'') and Mr. XU JunMin (''Mr. Xu'') and three Independent Non-executive Directors (''INEDs'') namely Mr. Lee Luk Shiu (''Mr. Lee''), Mr. Yu Hon Kwan (''Mr. Yu'') and Mr. Wong Chi Keung Johnny (''Mr. Wong'').

Pursuant to Article 112, Mr. Xu who was appointed as Director of the Company after 2019 annual general meeting, should retire in the 2020 AGM but being eligible, offers himself for re-election.

Pursuant to Article 108 of the Articles, at each annual general meeting of the Company one-third of the Directors for the time being, or, if their number is not three or a multiple of three, then the number nearest to but not less than one-third shall retire from office by rotation, provided that every Director (including those appointed for a specific term) shall be subject to retirement by rotation at least once every three years. The Directors to retire by rotation shall include (so far as necessary to ascertain the number of Directors to retire by rotation) any Director who wishes to retire and not to offer himself for re-election. Any further Directors so to retire shall be those of the other Directors subject to retirement by rotation who have been longest in office since their last re-election or appointment and so that as between persons who became or were last re-elected Directors on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot. A retiring Director shall be eligible for re-election at the relevant general meeting. Accordingly, Mr. Chui, Mr. Leung, and Mr. Wong shall retire by rotation at the 2020 AGM, and being eligible, will offer themselves for re-election.

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LETTER FROM THE BOARD

The re-election of Directors has been reviewed by the Nomination Committee of the Company which recommended to the Board that the re-election be proposed for Shareholders' approval at the 2020 AGM.

The nominations were made in accordance with the Nomination Policy of the Company and the objective criteria for the nominations include but not limited to, gender, age, cultural and educational background, professional experience, skills, knowledge and length of service, with due regard for the benefits of diversity as set out under the Board Diversity Policy of the Company.

In recommending each of Mr. Chui, Mr. Leung and Mr. Xu to stand for re-election as EDs and Mr. Wong to stand for re-election as an INED, the Nomination Committee has considered the following backgrounds and attributes of the nominees concerned:

1. Mr. Chui has over 45 years of experience in the engineering and construction industry. Mr. Chui has been a construction supervisor member of the Hong Kong Institute of Construction Managers since August 2003.
2. Mr. Leung has over 25 years of experience in the engineering and construction industry. He graduated from the National Taiwan University with a Bachelor's Degree of Science in Engineering and holds a Master's Degree of Philosophy in Civil & Structural Engineering from the Hong Kong University of Science & Technology. Mr. Leung is Registered Professional Engineer (Geotechnical, Structural) and a member of the Institution of Structural Engineers and the Hong Kong Institution of Engineers.
3. Mr. Xu has over 20 years of experience in aquatic organism genomics research, conservation and utilization of aquatic genetic resources, ecological and industrial cultivation, and aquatic products import and export trade. Mr. Xu holds a Master's Degree in Animal Nutrition from the Shanghai Ocean University* (上海 海洋大學) (previously known as ''上海水產大學'').
4. Mr. Wong has graduated from the University of London with a Bachelor's Degree of Laws with Honours and holds a Master's Degree of Laws from the University of London. He is a solicitor of the High Court of Hong Kong, a solicitor of the Supreme Court of England & Wales and a barrister and solicitor of the Supreme Court of the Australia Capital Territory, Australia.

The Nomination Committee considered that in view of their diverse and different educational background and professional knowledge and experience in the engineering and construction industry, aquatic products industry and in law, the appointments of Mr. Chui, Mr. Leung and Mr. Xu as EDs and Mr. Wong as an INED will bring valuable perspectives, knowledge, skills and experiences to the Board for its efficient and effective functioning and their appointments will contribute to the diversity of the Board appropriate to the requirements of the Company's business.

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LETTER FROM THE BOARD

The Nomination Committee has also assessed the independence of all INEDs. All the INEDs of the Company satisfy the Independence Guidelines as set out in Rule 3.13 of the Listing Rules and has each provided to the Company any annual written confirmation of his independence.

Biographical details of the Directors proposed to be re-elected at the 2020 AGM are set out in Appendix II to this circular.

4. RESOLUTION (3) RE-APPOINTMENT OF THE AUDITORS

SHINEWING (HK) CPA Limited, will retire as the Auditors at the 2020 AGM and, being eligible, offer themselves for re-appointment.

The Board, upon the recommendation of the Audit Committee of the Board, proposed to re-appoint SHINEWING (HK) CPA Limited as the Auditors and to hold office until the conclusion of the next annual general meeting of the Company.

5. RESOLUTION (4) TO (6) REPURCHASE MANDATE AND SHARE ISSUE MANDATE

Pursuant to the resolutions passed by the Shareholders at the 2019 general annual meeting held on 6 September 2019, the Board was granted the general and unconditional mandates to issue, allot and repurchase Shares. Such general mandates will lapse upon the conclusion of the 2020 AGM. In order to ensure flexibility for the Board to issue, allot and repurchase Shares, ordinary resolutions will be proposed to seek for Shareholders' approval at the 2020 AGM to renew the Repurchase Mandate and to grant the Share Issue Mandate. Details of such ordinary resolutions are set out in ordinary resolutions numbered 5, 6 and 7 in the notice of the 2020 AGM. The Repurchase Mandate and the Share Issue Mandate, if approved at the 2020 AGM, will continue in force until (i) the conclusion of the next annual general meeting of the Company; (ii) the expiry of the period within which the next annual general meeting of the Company is required by the Articles or applicable laws to be held; or

1. the revocation or variation of the authority given to the Directors by ordinary resolution by the Shareholders in a general meeting, whichever occurs first.

An explanatory statement as required by the Listing Rules to provide the Shareholders with all the information reasonably necessary for them to make an informed decision on the proposed resolution for the granting of the Repurchase Mandate is set out in Appendix I to this circular.

6. THE 2020 ANNUAL GENERAL MEETING AND PROXY ARRANGEMENT

A notice convening the 2020 AGM is set out on pages 19 to 24 of this circular. At the

2020 AGM, resolutions will be proposed to approve, inter alia, (i) adoption of the Audited Consolidated Financial Statements and the Reports of the Directors and Auditors for the year ended 31 March 2020; (ii) the granting of the Repurchase Mandate and the Share Issue Mandate; (iii) the re-election of Mr. Chui, Mr. Leung and Mr. Xu as EDs, and Mr. Wong as an INED; and (iv) the re-appointment of the Auditors.

- 7 -

LETTER FROM THE BOARD

Enclosed with this circular is a proxy form for use at the 2020 AGM. Whether or not you intend to attend the 2020 AGM or any adjournment thereof, you are requested to complete the proxy form in accordance with the instructions printed thereon and return the same to the branch share registrar and transfer office of the Company in Hong Kong, Tricor Investor Services Limited, Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong as soon as possible and in any event not less than 48 hours before the time fixed for holding the 2020 AGM or any adjournment thereof. Completion and return of the proxy form will not preclude you from attending and voting in person at the 2020 AGM or any adjournment thereof should you so wish. In the event that a Shareholder having lodged a proxy form attends the 2020 AGM, his proxy form will be deemed to have been revoked.

Pursuant to Article 72 of the Articles, a resolution put to vote at any general meeting of the Company shall be decided by poll, save that the chairman of the meeting may, pursuant to the Listing Rules, allow a resolution to be voted on by a show of hands. Accordingly, the resolutions to be considered and, if thought fit, approved at the 2020 AGM will be voted by way of a poll by the Shareholders. Results of the poll voting will be published on the website of the Company at www.yee-hop.com.hk and the website of Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk after the 2020 AGM.

7. VOTING BY POLL AT THE 2020 ANNUAL GENERAL MEETING

In accordance with Rule 13.39(4) of the Listing Rules and the Articles, all resolutions set out in the 2020 AGM Notice will be vote on by poll at the 2020 AGM except where the chairman, in good faith, decides to allow a resolution which relates purely to a procedural or administrative matter to be voted on by a show of hands.

8. CLOSURE OF REGISTER OF MEMBERS

In order to establish the identity of Shareholders who are entitled to attend and vote at the 2020 AGM, all duly completed transfer forms accompanied by the relevant share certificates must be lodged with the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited, Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, no later than 4 : 30 p.m. on Thursday, 27 August 2020. The Register of Members of our Company will be closed from Friday, 28 August 2020 to Friday, 4 September 2020, both days inclusive, during which period no transfer of Shares will be registered.

9. RESPONSIBILITY OF DIRECTORS

This circular includes particulars given in compliance with the Listing Rules for the purpose of giving information relating to the Group. The Directors collectively and individually accept full responsibility for the accuracy of the information contained in this circular and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts not contained in this circular, the omission of which would make any statement in this circular incorrect or misleading.

- 8 -

LETTER FROM THE BOARD

10. RECOMMENDATION

At the 2020 AGM, ordinary resolutions will be proposed to approve, among other matters, adoption of the audited consolidated financial statements and reports of Directors and Auditors, the granting of the Share Issue Mandate and the Repurchase Mandate, the re-election of retiring Directors and the re-appointment of Auditors.

The Directors believe that the proposed adoption of the audited consolidated financial statements and reports of Directors and Auditors, granting of the Share Issue Mandate and the Repurchase Mandate, the re-election of Directors and the re-appointment of the Auditors are in the best interests of the Company and the Shareholders. The Directors believe that an exercise of the Share Issue Mandate will enable the Company to take advantage of market conditions to raise additional capital for the Company. The Repurchase Mandate may, depending on market conditions and funding arrangements at the time, lead to an enhancement of the net asset value per Share and/or earnings per Share and will only be exercised when the Directors believe that such repurchase of Shares will benefit the Company and the Shareholders. An exercise of the Repurchase Mandate in full may have a material adverse impact on the working capital and/or gearing position of the Company. The Directors do not, however, intend to make any repurchase in circumstances that would have a material adverse impact on the working capital requirements or the gearing levels of the Company. Accordingly, the Directors recommend that Shareholders vote in favour of all resolutions to be proposed at the 2020 AGM.

11. GENERAL INFORMATION

Your attention is drawn to the additional information set out in the appendices to this circular.

12. LANGUAGE

The English text of this circular shall prevail over the Chinese text for the purpose of interpretation.

Yours faithfully,

For and on behalf of the Board of

Yee Hop Holdings Limited

JIM Yin Kwan Jackin

Chairman

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APPENDIX I EXPLANATORY STATEMENT FOR REPURCHASE MANDATE

This Appendix serves as an explanatory statement, as required to be sent to all Shareholders under the Listing Rules, to provide the relevant information in connection with the Repurchase Mandate.

1. LISTING RULES RELATING TO THE REPURCHASES OF SECURITIES

The Listing Rules permit companies whose primary listing is on the Stock Exchange to repurchase shares on the Stock Exchange and any other stock exchange on which securities of the company are listed and such exchange is recognised by the Securities and Futures Commission of Hong Kong subject to certain restrictions. Among such restrictions, the Listing Rules provide that the shares of such company must be fully paid up and all repurchases of shares by such company must be approved in advance by an ordinary resolution of shareholders, either by way of a general mandate or by specific approval of a particular transaction.

2. EXERCISE OF THE REPURCHASE MANDATE

The Directors believe that the flexibility afforded by the mandate granted to them if the Repurchase Mandate is approved would be beneficial to the Company.

It is proposed that up to 10% of the issued and outstanding Shares as at the date of the passing of the resolution to approve the Repurchase Mandate may be repurchased. As at the Latest Practicable Date, 500,000,000 Shares were in issue and outstanding. Subject to the passing of the ordinary resolution set out in item 5 of the notice for the 2020 AGM and on the basis that no Shares are issued or repurchased by the Company between the Latest Practicable Date and the date of the 2020 AGM, the Board would be authorised to repurchase up to 50,000,000 Shares during the period up to the earlier of: (i) the conclusion of the next annual general meeting held; (ii) the expiration of the period within which the next annual general meeting of the Company is required by the Articles or applicable laws to be held; or (iii) the revocation or variation of the Repurchase Mandate by ordinary resolution of the Shareholders at a general meeting of the Company.

3. REASONS FOR REPURCHASES

Repurchases of Shares will only be made if the Board is of the view that such a repurchase will benefit the Company and its Shareholders as a whole. Such repurchases may, depending on the market conditions and funding arrangements at the time, lead to an enhancement of the net value of the Company and its assets and/or its earnings per Share.

4. FUNDING AND EFFECT OF REPURCHASES

Any exercise of the Repurchase Mandate would be financed entirely from the Company's available cash flow or working capital. Any repurchases will be made out of funds of the Company that are legally permitted to be utilised in this connection in accordance with the Company's Memorandum and Articles, the Listing Rules and the applicable laws and regulations of the Cayman Islands.

- 10 -

APPENDIX I EXPLANATORY STATEMENT FOR REPURCHASE MANDATE

There might be material adverse impact on the working capital or gearing position of the Company as compared with the financial position of the Company as at 31 March 2020 (being the date of its latest published audited financial statements) in the event that the Repurchase Mandate is to be exercised in full during the proposed repurchase period. However, the Directors do not intent to exercise the Repurchase Mandate to such extent as would, in the circumstances, have a material adverse impact on the working capital or gearing position of the Company which in the opinion of the Directors are from time to time appropriate for the Company.

5. STATUS OF REPURCHASED SECURITIES

The Listing Rules provide that the listing of all repurchased securities is automatically cancelled and that the certificates for those securities must be cancelled and destroyed. The aggregate of the authorised share capital shall remain unchanged.

6. INTENTION TO SELL SHARES BY DIRECTORS, THEIR CLOSE ASSOCIATES AND CORE CONNECTED PERSONS

As at the Latest Practicable Date, to the best of their knowledge, having made all reasonable enquiries, none of the Directors nor any of their respective Close Associates (as defined in the Listing Rules) of the Directors, have any present intention, if the Repurchase Mandate is approved by the Shareholders, to sell any Shares to the Company or its subsidiaries.

No Core Connected Person (as defined in the Listing Rules) of the Company has notified the Company that he/she/it has a present intention to sell Shares to the Company nor has he/she/it undertaken not to sell any of the Shares held by him/her/it to the Company in the event that the Company is authorised to make purchases of Shares.

7. DIRECTORS' UNDERTAKING

The Directors have undertaken to the Stock Exchange that, so far as the same may be applicable, they will exercise the power of the Company to make purchases pursuant to the Repurchase Mandate in accordance with the Company's Memorandum and Articles, the Listing Rules and the applicable laws and regulations of the Cayman Islands.

8. SHARE REPURCHASE MADE BY THE COMPANY

No repurchases of Shares have been made by the Company during the six months prior to the Latest Practicable Date (whether on the Stock Exchange or otherwise).

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APPENDIX I EXPLANATORY STATEMENT FOR REPURCHASE MANDATE

9. TAKEOVERS CODE AND MINIMUM PUBLIC FLOAT

If, as a result of a repurchase of Shares by the Company, a Shareholder's proportionate interest in the voting rights of the Company increases, such increase will be treated as an acquisition for the purpose of Rule 32 of the Takeovers Code. As a result, a Shareholder, or group of Shareholders acting in concert, depending on the level of increase of its or their shareholding, could obtain or consolidate control of the Company and become obliged to make a mandatory offer in accordance with Rule 26 of the Takeovers Code.

As at the Latest Practicable Date, according to the register kept by the Company pursuant to section 336 of the SFO and so far as is known to, or can be ascertained after reasonable enquiry by the Directors, the following persons were directly or indirectly interested in 5% or more of the issued share capital of the Company. Their respective interest as at the Latest Practicable Date is shown under the column ''Approximate % of the issued share capital before a possible exercise of the Repurchase Mandate'' while the respective interest in the event that the Directors exercise in full the power to repurchase Shares in accordance with the terms of the ordinary resolutions in relation to the Repurchase Mandate to be proposed at the 2020 AGM (and assuming that the issued share capital of the Company remains unchanged up to the date of the 2020 AGM) is shown under the column ''Approximate % of the issued share capital should the Repurchase Mandate be exercised in full'':

		Approximate % of Approximate % of
		the issued share	the issued share
		capital before a	capital should the
		possible exercise of	Repurchase
	Number of	the Repurchase	Mandate be
Name of shareholder	Shares Held	Mandate	exercised in full
Mr. Chui	138,750,000	27.75%	30.83%
Mr. Jim	191,250,000	38.25%	42.50%
JJ1318	191,250,000	38.25%	42.50%
Mr. Xu JunMin	45,000,000	9.00%	10.00%

On the basis of the shareholding held by the Shareholders named above, an exercise of the Repurchase Mandate in full will result in Mr. Chui, Mr. Jim and JJ1318 becoming obliged to make a mandatory offer under Rules 26 and 32 of the Takeovers Code and the public holding of Shares would be reduced below 25% of the issued capital of the Company.

However, the Directors do not intend to exercise the power to Repurchase Shares to an extent which would render any Shareholder or group of Shareholders obliged to make a mandatory offer under Rules 26 and 32 of the Takeovers Code and that the public holding of Shares would be reduced below 25% of the issued capital of the Company.

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APPENDIX I EXPLANATORY STATEMENT FOR REPURCHASE MANDATE

10. MARKET PRICES

The highest and lowest prices at which the Shares have traded on the Stock Exchange during each of the previous twelve months preceding the Latest Practicable Date were as follows:

	PER SHARE
	Highest	Lowest
	HK$	HK$
2019
July	2.09	1.88
August	2.03	1.91
September	1.99	1.90
October	1.98	1.85
November	1.95	1.83
December	1.99	1.87
2020
January	2.01	1.84
February	1.95	1.80
March	1.91	1.57
April	1.78	1.54
May	1.69	1.40
June	1.61	1.39
July (up to Latest Practicable Date)	1.89	1.48

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APPENDIX II	BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM

Biographical details of the Directors proposed to be re-elected at the 2020 AGM are set out as follows:

(1) MR. CHUI MO MING

Mr. Chui Mo Ming (徐武明), aged 67, an Executive Director and the Vice-chairman of the Board. Mr. Chui is one of the founders of the Group. He is also a Director of various subsidiaries of the Group.

Mr. Chui has over 45 years of experience in the engineering and construction industry. Mr. Chui is responsible for the formulating the corporate strategies of the Group. Mr. Chui has been a construction supervisor member of the Hong Kong Institute of Construction Managers since August 2003.

Apart from his directorship at the Company, Mr. Chui has not hold any directorship in any other listed companies in the last three years. Save as disclosed in this circular, Mr. Chui does not have any relationship with any Director, senior management, Substantial Shareholder or Controlling Shareholder of the Company.

As at the Latest Practicable Date, Mr. Chui have interests in 138,750,000 Shares of Company, representing approximately 27.75% of the issued share capital of the Company. Saved as disclosed above, he does not have any interests in the Shares of Company within the meaning of Part XV of the SFO.

Mr. Chui has entered into a service agreement with the Company for an initial fixed term of three years commencing from the Listing Date, and has renewed for a further three years, and shall continue thereafter until it is terminated by Mr. Chui by giving to the Company not less than three months' notice in writing at any time after such initial fixed term or by the Company giving to Mr. Chui not less than three months' prior notice in writing at any time after the date of agreement. Mr. Chui is also subject to retirement from office and re-election at the annual general meeting of the Company in accordance with the Articles.

For the year ended 31 March 2020, the total amount of emoluments payable to Mr. Chui was approximately HK$2,126,000. The remuneration of Mr. Chui was determined with reference to his experience, level of responsibility and general market conditions.

Save as disclosed above, there is no other information relating to Mr. Chui that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules, nor are there any other matters that need to be brought to the attention of the shareholders of the Company in connection with Mr. Chui's proposed re-election.

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APPENDIX II	BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM

(2) MR. LEUNG HUNG KWONG DERRICK

Mr. Leung Hung Kwong Derrick (梁雄光), aged 51, an Executive Director. Mr. Leung joined the Group in August 2008. He is also a Director of Yee Hop Engineering Company Limited.

Mr. Leung has been the Technical Director of Yee Hop Engineering Company Limited for its registration as a Registered General Building Contractor and Registered Specialist Contractor in the foundation works category with the Buildings Department since 2008 and 2011 respectively. He has over 25 years of experience in the engineering and construction industry. Mr. Leung is responsible for formulating the corporate business strategies. Mr. Leung graduated from the National Taiwan University with a Bachelor's Degree of Science in Engineering. He holds a Master's Degree of Philosophy in Civil & Structural Engineering from the Hong Kong University of Science & Technology. He is currently a Registered Professional Engineer (Geotechnical, Structural). He is a member of the Institution of Structural Engineers and the Hong Kong Institution of Engineers.

Mr. Leung is an Independent Non-executive Director of Chi Ho Development Holdings Ltd (stock code: 8423), the shares of which are listed on the GEM of the Stock Exchange. The principal business of Chi Ho Development Holdings Ltd is the provision of renovation, maintenance and fitting-out works.

As at the Latest Practicable Date, Mr. Leung does not have any interests in the Shares of Company within the meaning of Part XV of the SFO.

Mr. Leung has entered into a service agreement with the Company for an initial fixed term of three years commencing from the Listing Date, and has renewed for a further three years, and shall continue thereafter until it is terminated by Mr. Leung by giving to the Company not less than three months' notice in writing at any time after such initial fixed term or by the Company giving to Mr. Leung not less than three months' prior notice in writing at any time after the date of agreement. Mr. Leung is also subject to retirement from office and re-election at the annual general meeting of the Company in accordance with the Articles.

For the year ended 31 March 2020, the total amount of emoluments payable to Mr. Leung was approximately HK$1,353,000 per annum. The remuneration of Mr. Leung was determined with reference to his experience, level of responsibilities and general market conditions.

Save as disclosed above, there is no other information relating to Mr. Leung that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules, nor are there any other matters that need to be brought to the attention of the shareholders of the Company in connection with Mr. Leung's proposed re-election.

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APPENDIX II	BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM

(3) MR. XU JUNMIN

Mr. Xu JunMin (徐軍民), aged 49, an Executive Director. Mr. Xu joined the Group on 25 October 2019. He is also a director and legal representative of the BGI Marine, an indirect partly-owned subsidiary of the Company. Mr. Xu joined the BGI Marine since February 2015.

Mr. Xu JunMin has over 20 years of experience in aquatic organism genomics research, conservation and utilization of aquatic genetic resources, ecological and industrial cultivation, and aquatic products import and export trade. Mr. Xu JunMin holds a Master's degree in Animal Nutrition from the Shanghai Ocean University (上海海洋大學). He is currently the Vice Chairman of the China Nutrition and Health Food Association (中 國營養保健食品協會), Member of the State Food Industry Standardization Commission (全 國食品工業標準化技術委員會) and Member of the Yangtze Rare Fish Standardization Commission of the Fishery Industry in Jiangsu (江蘇省漁業產業長江珍稀魚類標準技術委員 會).

Apart from his directorship at the Company, Mr. Xu has not hold any directorship in any other listed companies in the last three years. Save as disclosed in this circular, Mr. Xu does not have any relationship with any Director, senior management, Substantial Shareholder or Controlling Shareholder of the Company.

As at the Latest Practicable Date, Mr. Xu have interests in 45,000,000 Shares of Company, representing approximately 9.00% of the issued share capital of the Company. Saved as disclosed above, he does not have any interests in the Shares of Company within the meaning of Part XV of the SFO.

Pursuant to an appointment letter made between the Company and Mr. Xu, Mr. Xu has been appointed as an Executive Director of the Company commencing from 25 October 2019. Mr. Xu is not appointed for a specific term but his appointment shall be terminable by either party by giving the other party not less than three months' prior notice in writing and is subject to re-election at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation and re-election in accordance with the Articles. Mr. Xu shall not be entitled to any remuneration from the Company for serving as an Executive Director. However, he is entitled to an annual remuneration of RMB792,000 (excluding statutory benefits and discretionary bonus) under an employment contract dated 28 August 2019 with BGI Marine for his service as chairman.

For the year ended 31 March 2020, the total amount of emoluments payable to Mr. Xu was approximately HK$977,000. The remuneration of Mr. Xu was determined with reference to his experience, level of responsibility and general market conditions.

Save as disclosed above, there is no other information relating to Mr. Xu that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules, nor are there any other matters that need to be brought to the attention of the shareholders of the Company in connection with Mr. Xu's proposed re-election.

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APPENDIX II	BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM

(4) MR. WONG CHI KEUNG JOHNNY

Mr. Wong Chi Keung Johnny (王志強), aged 62, an Independent Non-executive Director, a member of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Company.

Mr. Wong graduated from the University of London with a Bachelor's Degree of Laws with Honours and holds a Master's Degree of Laws from the University of London. He is a solicitor of the High Court of Hong Kong, a solicitor of the Supreme Court of England & Wales and a barrister and solicitor of the Supreme Court of the Australia Capital Territory, Australia. He is currently a partner of Messrs. Lo, Wong & Tsui, Solicitors, handling general and commercial litigations, conveyancing works, land acquisition and land exchange, real estate development and financing.

Mr. Wong has served as a member of the Provisional Regional Council from 1997 to 1999, a member of the Tai Po District Council from 1999 to 2003, a member of the Liquor Licensing Board from January 2000 to January 2004, and a member of the Appeal Tribunal Panel under the Buildings Ordinance from December 2000 to December 2004. He obtained the HKSAR Medal of Honour in October 2002. Mr. Wong was also an appointed member of the Yuen Long District Council from January 2008 to December 2011. He was an Independent Non-executive Director of SkyOcean International Holdings Limited (formerly known as Allied Overseas Limited), a company listed on the Stock Exchange (stock code: 593) for the period from June 1993 to August 1997.

Save as disclosed in this circular, Mr. Wong has not held any directorship in any other listed companies in the last three years. Save as disclosed in this circular, Mr. Wong does not have any relationship with any Director, senior management, Substantial Shareholder or Controlling Shareholder of the Company.

As at the Latest Practicable Date, Mr. Wong does not have any interests in the Shares of Company within the meaning of Part XV of the SFO.

Mr. Wong has entered into a service agreement with the Company for an initial fixed term of one year commencing from the Listing Date. The term of the service agreement has been extended for three years to 14 December 2019, and shall be automatically renewed for such further period after expiry of the renewal term. Mr. Wong is subject to retirement from office and re-election at the annual general meeting of the Company in accordance with the Articles.

For the year ended 31 March 2020, the total amount of emoluments payable to Mr. Wong was approximately HK$240,000 per annum. The remuneration of Mr. Wong was determined with reference to his experience, level of responsibilities and general market conditions.

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APPENDIX II	BIOGRAPHICAL DETAILS OF DIRECTORS PROPOSED
	TO BE RE-ELECTED AT THE 2020 AGM

Save as disclosed above, there is no other information relating to Mr. Wong that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules, nor are there any other matters that need to be brought to the attention of the shareholders of the Company in connection with Mr. Wong's proposed re-election.

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NOTICE OF 2020 ANNUAL GENERAL MEETING

YEE HOP

Yee Hop Holdings Limited

義合控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1662)

NOTICE OF 2020 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2020 annual general meeting of Yee Hop Holdings Limited (the ''Company'') will be held at 24/F, Admiralty Centre I, 18 Harcourt Road, Hong Kong on Friday, 4 September 2020 at 10 : 00 a.m. (the ''2020 AGM''), for the following purposes:

ORDINARY RESOLUTIONS

As ordinary business to consider and, if thought fit, pass, with or without modification, the following resolutions as ordinary resolutions:

1. To receive and consider the audited financial statements of the Company and its subsidiaries and the Reports of the Directors (the ''Directors'') and the Auditors (the ''Auditors'') of the Company for the year ended 31 March 2020.
2. (a) To re-elect Mr. CHUI Mo Ming as an Executive Director of the Company;
3. 1. To re-elect Mr. LEUNG Hung Kwong Derrick as an Executive Director of the Company;
   2. To re-elect Mr. XU JunMin as an Executive Director of the Company; and
   3. To re-elect Mr. WONG Chi Keung Johnny as an Independent Non-executive Director of the Company.
4. To authorise the Board of Directors of the Company (the ''Board'') to fix the remuneration of all the Directors of the Company.
5. To re-appoint SHINEWING (HK) CPA Limited as the Auditors and to authorise the Board to fix their remuneration.

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NOTICE OF 2020 ANNUAL GENERAL MEETING

As special business to consider and, if thought fit, pass, with or without modification, the following resolutions as ordinary resolutions:

1. ''THAT:
2. 1. subject to paragraphs (b) and (c) below, the exercise by the Directors during the Relevant Period (as hereinafter defined) of all the powers of the Company to purchase shares of HK$0.01 each in the capital of the Company (the ''Shares'') on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') or any other stock exchange recognised for this purpose by the Securities and Futures Commission of Hong Kong and the Stock Exchange in accordance with all applicable laws including the Hong Kong Code on Share Repurchases and the Rules Governing the Listing of Securities on the Stock Exchange (the ''Listing Rules'') as amended from time to time be and is hereby generally and unconditionally approved;
   2. the aggregate nominal amount of Shares which may be purchased or agreed conditionally or unconditionally to be purchased by the Directors pursuant to the approval in paragraph (a) above shall not exceed 10% of the aggregate nominal amount of the share capital of the Company in issue as at the date of passing this resolution, and the said approval shall be limited accordingly; and
   3. for the purposes of this resolution:
      ''Relevant Period'' means the period from the passing of this resolution until the earliest of:
   4. 1. the conclusion of the next annual general meeting of the Company;
      2. the expiry of the period within which the next annual general meeting of the Company is required by the articles of association of the Company (the ''Articles'') or the applicable laws of the Cayman Islands to be held; and
      3. the revocation or variation of the authority given to the Directors under this resolution by ordinary resolution of the Company's shareholders in general meeting.''
3. ''THAT:
4. 1. subject to paragraph (c) below, the exercise by the Directors during the Relevant Period (as hereinafter defined) of all the powers of the Company to allot, issue and deal with additional Shares and to make or grant offers, agreements and options which might require the exercise of such powers be and are hereby generally and unconditionally approved;

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NOTICE OF 2020 ANNUAL GENERAL MEETING

1. the approval in paragraph (a) shall authorise the Directors during the Relevant Period to make or grant offers, agreements and options which might require the exercise of such powers after the end of the Relevant Period;
2. the aggregate nominal amount of share capital allotted, issued and dealt with or agreed conditionally or unconditionally to be allotted, issued and dealt with (whether pursuant to an option or otherwise) by the Directors pursuant to the approval in paragraph (a) above, otherwise than pursuant to (i) a Rights Issue (as hereinafter defined), (ii) the exercise of options granted under any share option scheme adopted by the Company or (iii) any scrip dividend or similar arrangement providing for the allotment of Shares in lieu of the whole or part of a dividend on Shares in accordance with the Articles, shall not exceed the aggregate of 20% of the aggregate nominal amount of the share capital of the Company in issue at the date of passing this resolution and the said approval shall be limited accordingly; and
3. for the purposes of this Resolution:
   ''Relevant Period'' means the period from the passing of this resolution until the earliest of:
4. 1. the conclusion of the next annual general meeting of the Company;
   2. the expiry of the period within which the next annual general meeting of the Company is required by the Articles or the applicable laws of the Cayman Islands to be held;
   3. the revocation or variation of the authority given to the Directors under this resolution by ordinary resolution of the Company's Shareholders in general meeting; and

''Rights Issue'' means an offer of shares open for a period fixed by the Directors to holders of Shares on the register of members of the Company on a fixed record date in proportion to their then holdings of such Shares (subject to such exclusion or other arrangements as the Directors may deem necessary or expedient in relation to fractional entitlements or having regard to any legal or practical restrictions or obligations under the laws of, or the requirements of, any recognised regulatory body or any stock exchange in any territory applicable to the Company) and an offer, allotment or issue of shares by way of rights shall be construed accordingly.''

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NOTICE OF 2020 ANNUAL GENERAL MEETING

7. ''THAT:

Subject to the passing of resolutions 5 and 6 set out in this notice of the 2020 AGM, the aggregate nominal amount of Shares which are to be purchased by the Company pursuant to the authority granted to the Directors under resolution 5 set out in this notice of the 2020 AGM shall be added to the aggregate nominal amount of share capital that may be allotted or agreed to be allotted by the Directors pursuant to resolution 6 set out in this notice of the 2020 AGM.''

	By order of the Board
	Yee Hop Holdings Limited
	JIM Yin Kwan Jackin
	Chairman
Hong Kong, 31 July 2020
Registered office:	Headquarter, head office and
Ocorian Trust (Cayman) Ltd.	principal place of business in Hong Kong:
Clifton House	Units 1104-1106
75 Fort Street	Nan Fung Commercial Centre
P.O. Box 1350	19 Lam Lok Street
Grand Cayman	Kowloon Bay
KY1-1108	Kowloon
Cayman Islands	Hong Kong

Notes:

1. Any member of the Company entitled to attend and vote at the 2020 AGM is entitled to appoint one or more proxies to attend and, on a poll, vote in his stead. A proxy need not be a member of the Company.
2. In order to be valid, a form of proxy, together with the power of attorney or other authority (if any) under which it is signed, or a notarially certified copy thereof, must be deposited at the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited, Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong not less than 48 hours before the time for holding the 2020 AGM. Completion and return of a form of proxy will not preclude a member from attending and voting in person if he is subsequently able to be present. In such event, the form of proxy shall be deemed to be revoked.
3. In case of joint shareholdings, the vote of the senior joint shareholder who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint shareholder(s) and for this purpose seniority will be determined by the order in which the names stand in the register of members of the Company in respect of the joint shareholding.
4. For the purposes of holding the 2020 AGM, the register of members of the Company will be closed from Friday, 28 August 2020 to Friday, 4 September 2020 (both days inclusive), for the purpose of determining the entitlement to attend and vote at the 2020 AGM scheduled to be held on Friday, 4 September 2020. In order to be eligible to attend and vote at the 2020 AGM, all transfer forms accompanied by the relevant share certificates must be lodged with the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited, Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong not later than 4 : 30 p.m. on Thursday, 27 August 2020.

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NOTICE OF 2020 ANNUAL GENERAL MEETING

As at the date of this notice, the Directors of the Company are:

Executive Directors:

Mr. JIM Yin Kwan Jackin

Mr. CHUI Mo Ming

Mr. YAN Chi Tat

Mr. LEUNG Hung Kwong Derrick

Mr. XU JunMin

Independent Non-executive Directors:

Mr. LEE Luk Shiu

Mr. YU Hon Kwan

Mr. WONG Chi Keung Johnny

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NOTICE OF 2020 ANNUAL GENERAL MEETING

The health of our shareholders, staff and stakeholders is of paramount importance to us. In view of the ongoing Novel Coronavirus (COVID-19) pandemic, the Company will implement the following precautionary measures at the 2020 AGM to protect attending shareholders, staff and stakeholders from the risk of infection:

1. Compulsory body temperature checks will be conducted for every shareholder, proxy or other attendee at each entrance of the meeting venue. Any person with a body temperature of over 37.4 degrees Celsius may be denied entry into the meeting venue or be required to leave the meeting venue.
2. The Company encourages each attendee to wear a surgical face mask throughout the meeting and inside the meeting venue, and to maintain a safe distance between seats.
3. No refreshment will be served, and there will be no corporate gift.
4. Each attendee may be asked whether (a) he/she travels outside of Hong Kong within the 14-day period immediately before the Annual General Meeting; and (b) he/she is subject to any Hong Kong Government prescribed quarantine. Anyone who responds positively to any of these questions may be denied entry into the meeting venue or be required to leave the meeting venue.

In addition, the Company reminds all shareholders that physical attendance in person at the meeting is not necessary for the purpose of exercising voting rights. Shareholders may appoint the chairman of the meeting as their proxy to vote on the relevant resolution(s) at the meeting instead of attending the meeting in person, by completing and return the proxy form attached to this document.

If any shareholder chooses not to attend the meeting in person but has any question about any resolution or about the Company, or has any matter for communication with the board of directors of the Company, he/she is welcome to send such question or matter in writing to our registered office or to our email at [e-mail]. If any shareholder has any question relating to the meeting, please contact Tricor Investor Services Limited, the Company's Hong Kong branch share registrar and transfer office as follows:

Tricor Investor Services Limited

Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong

Email:	[e-mail]
HK Tel:	(852) 2980 1333
Fax:	(852) 2810 8185

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