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北 京 金 隅 集 團 股 份 有 限 公 司

BBMG Corporation*

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2009)

  1. POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 12 MAY 2021
  2. APPOINTMENT OF THE SIXTH SESSION OF THE BOARD AND THE SUPERVISORY BOARD
  3. CHANGE IN MEMBERS OF THE AUDIT COMMITTEE
  4. CHANGE IN MEMBERS OF THE REMUNERATION AND NOMINATION COMMITTEE

POLL RESULTS OF THE AGM

The board of directors (the "Board") of BBMG Corporation* (the "Company") is pleased to announce that the annual general meeting of the Company (the "AGM") was held at Conference Room 6, 22nd Floor, Tower D, Global Trade Center, No. 36, North Third Ring East Road, Dongcheng District, Beijing 100013, the People's Republic of China at 2:00 p.m. on Wednesday, 12 May 2021. The AGM was chaired by Mr. Zeng Jin, an executive director and Chairman of the Company.

Reference is made to (i) the notice of the AGM of the Company dated 29 March 2021 and (ii) the announcement of the Company in relation to the proposed election of directors and supervisors for the forthcoming session dated 25 March 2021 (together, the "Announcements and Notice"). Unless otherwise indicated, capitalised terms used herein shall have the same meaning as defined in the Announcements and Notice.

As at the date of the AGM, the Company has 10,677,771,134 shares (the "Shares") (comprising 8,335,006,264 A Shares and 2,338,764,870 H Shares) in issue, which represented the total number of shares entitling the holders of Shares to attend and vote for or against or abstain from voting on, the resolutions proposed at the AGM. None of the Shares entitled the Shareholders to attend the AGM and abstain from voting in favour of the resolutions proposed at the AGM pursuant to Rule

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13.40 of the Listing Rules; no Shareholders were required under the Listing Rules to abstain from voting on the resolutions proposed at the AGM; and no party has stated its intention to vote against the resolutions proposed at the AGM or to abstain from voting. Shareholders and authorized proxies holding an aggregate of 5,767,452,648 Shares, representing approximately 54.01% of the total issued share capital of the Company, were present at the AGM.

At the AGM, the proposed resolutions set out in the AGM Notice were voted by poll. The poll results in respect of the resolutions proposed at the AGM are as follows:

ORDINARY RESOLUTIONS

Number of Valid Votes (%)#

For

Against

Abstain

1

To approve the report of the Board

of directors ("Directors") of the

5,757,651,283

6,859,952

2,941,413

Company for the year ended 31

(99.830057%)

(0.118942%)

(0.051000%)

December 2020.

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

2

To approve the report of the

supervisory board of the Company

5,757,651,283

6,859,952

2,941,413

for the year ended 31 December

(99.830057%)

(0.118942%)

(0.051000%)

2020.

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

3

To approve the audited accounts

of the Company for the year ended

5,757,481,483

7,029,752

2,941,413

31 December 2020.

(99.850712%)

(0.121915%)

(0.051012%)

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

4

To approve the proposal on profit

distribution for the year ended 31

5,766,973,478

479,170

0

December 2020.

(99.991692%)

(0.008308%)

(0.000000%)

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

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5

To approve (1) the audit fee of the

Company for the year ended 31

5,766,189,948

1,262,700

0

December 2020 in an amount of

(99.978106%)

(0.021894%)

(0.000000%)

RMB5,800,000;

and

(2) the

appointment of Ernst & Young

Hua Ming

Certified

Public

Accountants

as

the independent

auditor of the Company for the

year ending 31 December 2021

for a term ending on the date of

the annual general meeting of the

Company for the year of 2021,

and to authorize the Board to

implement the resolution.

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

6

To approve the remuneration plan

of the executive directors of the

5,766,159,948

1,262,700

0

Company for the year ended 31

(99.977586%)

(0.022414%)

(0.000000%)

December 2020.

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

7

To approve the proposal on

authorization of the guarantee

5,716,450,519

51,002,129

0

plan to be provided by the

(99.115691%)

(0.884309%)

(0.000000%)

Company to its subsidiaries in

2021.

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

SPECIAL RESOLUTION

Number of Valid Votes (%)#

For

Against

Abstain

8

To approve the granting of a

general mandate to the Board to

5,532,769,134

234,401,414

282,100

issue, allot and otherwise deal

(95.930898%)

(4.064210%)

(0.004891%)

with (1) additional A Shares of the

Company not exceeding 20% of

the A Shares in issue; and (2)

additional H Shares of the

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Company not exceeding 20% of the H Shares in issue, and to authorize the Board to make such corresponding amendments to the Articles of Association of the Company as it thinks fit so as to reflect the new capital structure upon the allotment and issue of the new shares.

As more than two-thirds of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.

ORDINARY RESOLUTIONS

Number of Valid Votes (%)#

For

Against

Abstain

9

To consider and, if thought fit, to

approve the remuneration

5,767,416,948

35,700

0

standard of the Directors of the

(99.999381%)

(0.000619%)

(0.000000%)

sixth session of the Board as

follows:

  • Executive Directors: to be
    determined by the shareholders at annual general meetings;
  • Non-executiveDirectors and Directors elected democratically by the staff and workers of the Company: not to receive
    anyremuneration separately;
  • Independent Directors: RMB150,000 per year (before tax).

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

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10

To consider and, if thought fit, to

approve

the

remuneration

5,767,416,948

35,700

0

standard

of

the

supervisors

(99.999381%)

(0.000619%)

(0.000000%)

("Supervisors") of the sixth

session

of

the

Supervisory

Board as follows:

⚫ Supervisors : not to receive

any

remuneration

separately.

As more than two-thirds of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.

11 To elect the following candidates as Directors for a period commencing from the conclusion of the annual general meeting for the year 2020 and expiring on the date of the annual general meeting of the Company for the year of 2023 and to authorise the Board to enter into service contracts and/or appointment letter with each of the newly elected Directors subject to such terms and conditions as the Board shall think fit and to do such acts and things to give effect to such matters:

(01)

Mr. Zeng Jin

6,155,473,747

13,970,302

110,000

(106.727773%)

(0.242227%)

(0.001907%)

(02)

Mr. Jiang Yingwu

5,660,455,548

6,082,000

110,000

(98.144812%)

(0.105454%)

(0.001907%)

(03)

Mr. Wu Dong

5,582,951,130

74,739,620

110,000

(96.800988%)

(1.295886%)

(0.001907%)

(04)

Mr. Zheng Baojin

5,660,455,548

6,082,000

110,000

(98.144812%)

(0.105454%)

(0.001907%)

(05)

Mr. Gu Tiemin

5,658,065,348

7,783,000

110,000

(98.103369%)

(0.134947%)

(0.001907%)

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.

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BBMG Corporation published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 07:09:03 UTC.