Dragon Rise : POLL RESULTS OF THE 2020 ANNUAL GENERAL MEETING

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Dragon Rise Group Holdings Limited

龍 昇 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 6829)

POLL RESULTS OF THE 2020 ANNUAL GENERAL MEETING

At the annual general meeting of Dragon Rise Group Holdings Limited (the "Company") held on 14 August 2020 (the "AGM"), all the resolutions were passed by the shareholders of the Company (the "Shareholders") at the AGM by way of poll. The poll results in respect of the resolutions proposed at the AGM of the Company were as follows:

			Number of Votes
		ORDINARY RESOLUTIONS	(Approximate %) (Note)	Passed by
			FOR	AGAINST	Shareholders
1.	To receive, consider and approve the audited financial	638,280,000	0	✔
	statements of the Company and the reports of the	(100%)	(0%)
	directors and auditors of the Company for the year
	ended 31 March 2020
2.	(a)	To re-elect Mr. Lo Chi Wang as an independent	638,280,000	0	✔
		non-executive director of the Company	(100%)	(0%)
	(b)	To re-elect Mr. Chan Ka Yu as an independent	638,280,000	0	✔
		non-executive director of the Company	(100%)	(0%)
	(c)	To re-elect Mr. Lee Kwok Lun as an independent	638,280,000	0	✔
		non-executive director of the Company	(100%)	(0%)
	(d)	To authorise the board of directors to fix the	638,280,000	0	✔
		remuneration of the directors of the Company	(100%)	(0%)
3.	To re-appoint Grant Thornton Hong Kong Limited as	638,280,000	0	✔
	the auditor of the Company and to authorise the board	(100%)	(0%)
	of directors to fix its remuneration
4.	To grant a general mandate to the directors of the	638,270,000	10,000	✔
	Company to allot, issue and deal with new shares	(99.99%)	(0.01%)

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		Number of Votes
	ORDINARY RESOLUTIONS	(Approximate %) (Note)	Passed by
		FOR	AGAINST	Shareholders
5.	To grant a general mandate to the directors of the	638,280,000	0	✔
	Company to repurchase shares	(100%)	(0%)
6.	To extend the general mandate granted to the directors	638,270,000	10,000	✔
	of the Company to issue new shares by adding the	(99.99%)	(0.01%)
	number of shares repurchased by the Company

Note: Percentages are approximate and rounded to two decimal places.

As at the date of the AGM, a total of 1,200,000,000 shares of the Company (the "Shares") were in issue, representing the total number of Shares entitling the Shareholders to attend and vote on the proposed resolutions at the AGM. There were no restrictions on any Shareholders to cast votes on any of the proposed resolutions at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), and no Shareholder was required under the Listing Rules to abstain from voting in respect of the proposed resolutions at the AGM. None of the Shareholders have stated their intention in the circular containing the notice of the AGM to vote against or to abstain from voting on any of the proposed resolutions at the AGM.

The Company's branch share registrar, Boardroom Share Registrars (HK) Limited, acted as scrutineer for the poll at the AGM.

By order of the Board

Dragon Rise Group Holdings Limited

Yip Yuk Kit

Chairman and Executive Director

Hong Kong, 14 August 2020

As at the date of this announcement, the Board comprises Mr. Yip Yuk Kit and Mr. Cheung Chun Fai as executive Directors; and Mr. Lo Chi Wang, Mr. Chan Ka Yu, Mr. Lee Kwok Lun and Mr. Chan Wa Shing as independent non-executive Directors.

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