China Dongxiang : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 19 AUGUST 2020

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China Dongxiang (Group) Co., Ltd.

中 國 動 向（ 集 團 ）有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3818)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 19 AUGUST 2020

The board of directors (the ''Board'') of China Dongxiang (Group) Co., Ltd. (the ''Company'') is pleased to announce that all the resolutions set out in the notice of annual general meeting dated 3 July 2020 were approved by the shareholders of the Company by poll voting at its annual general meeting held on 19 August 2020 (the ''AGM''). The poll results in respect of the respective resolutions proposed at the AGM are set out as follows:

		Number of votes
	ORDINARY RESOLUTIONS	(Approximate %)
		For	Against
1 To receive and adopt the audited financial	3,705,352,277	0
	statements and the reports of the directors (the	(100.000000%)	(0.000000%)
	''Directors'') and the auditors of the Company
	for the twelve months ended 31 March 2020.

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

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		Number of votes
	ORDINARY RESOLUTIONS	(Approximate %)
		For	Against
2 (a) To declare a final dividend of RMB0.0091	3,705,881,277	0
	(equivalent to HK$0.01) per share for the	(100.000000%)	(0.000000%)
	twelve months ended 31 March 2020 to the
	shareholders of the Company.

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

(b) To declare a final special dividend of	3,705,881,277	0
RMB0.0184 (equivalent to HK$0.0202) per	(100.000000%)	(0.000000%)
share for the twelve months ended 31 March
2020 to the shareholders of the Company.

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

3 (a) (i) To re-elect Ms. Chen Yihong as an	1,112,881,712	319,975,565
	executive director.	(77.668706%)	(22.331294%)

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

(ii) To re-elect Mr. Lyu Guanghong as an	3,439,324,719	256,556,558
executive director.	(93.058312%)	(6.941688%)

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

(iii) To re-elect Mr. Gao Yu as an	3,080,724,615	625,156,662
independent non-executive director.	(83.130688%)	(16.869312%)

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

(b) To authorise the Board of the Company to	3,705,881,277	0
fix the remuneration of the Directors.	(100.000000%)	(0.000000%)

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

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		Number of votes
	ORDINARY RESOLUTIONS	(Approximate %)
		For	Against
4 To re-appoint Messrs. PricewaterhouseCoopers,	3,705,880,277	1,000
	Certified Public Accountants, as auditors of the	(99.999973%)	(0.000027%)
	Company and authorise the Board to fix their
	remuneration.

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

5 To grant a general and unconditional mandate	3,138,166,657	567,714,620
	to the Directors to allot, issue and deal with	(84.680712%)	(15.319288%)
	additional shares not exceeding 20% of the
	issued share capital of the Company as at the
	date of passing of this resolution (the ''Issue
	Mandate'').

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

6 To grant a general	and unconditional mandate	3,705,881,277	0
	to the Directors	to repurchase shares not	(100.000000%)	(0.000000%)
	exceeding 10% of the issued share capital of
	the Company as at the date of passing of this
	resolution.

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

7 To extend the Issue Mandate granted to the	3,138,487,657	567,393,620
	Directors to issue shares by the number of	(84.689374%)	(15.310626%)
	shares repurchased by the Company.

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

As at the date of the AGM, the total number of issued shares of the Company is 5,886,121,025 shares, which was the total number of shares entitling the shareholders to attend and vote for or against all the resolutions proposed at the AGM.

No shareholder of the Company was only entitled to attend and abstain from voting in favour of the resolutions proposed at the AGM pursuant to Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'').

No Shareholder was required under the Listing Rules to abstain from voting.

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No Shareholder had indicated in the Circular any intention to vote against or to abstain from voting on the resolution proposed at the AGM.

Computershare Hong Kong Investor Services Limited, the Company's branch share registrar in Hong Kong, acted as scrutineer for the vote-taking at the AGM.

In relation to resolution No. 2(a) and (b) above, the translation of Renminbi (''RMB'') into Hong Kong Dollars (''HK$'') for the purpose of dividend payment in HK$ is made at the rate of HK$1.00 = RMB0.91293, which is the official exchange rate of HK$ against RMB as quoted on 16 June 2020 by the People's Bank of China. The dividends will be paid on or about 8 September 2020 to shareholders whose names appear on the register of members of the Company on 27 August 2020.

By order of the Board

China Dongxiang (Group) Co., Ltd.

Chen Yihong

Chairman

19 August 2020

As at the date of this announcement, the executive directors of the Company are Mr. Chen Yihong, Mr. Zhang Zhiyong, Ms. Chen Chen and Mr. Lyu Guanghong; and the independent non-executive directors of the Company are Dr. Chen Guogang, Mr. Gao Yu and Mr. Liu Xiaosong.

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