Dynagreen Environmental Protection : ANNOUNCEMENT POLL RESULTS OF THE ANNUAL GENERAL MEETING FOR THE YEAR 2020 HELD ON 14 MAY 2021

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綠 色 動 力 環 保 集 團 股 份 有 限 公 司

Dynagreen Environmental Protection Group Co., Ltd.*

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

(Stock Code: 1330)

ANNOUNCEMENT

POLL RESULTS OF THE ANNUAL GENERAL MEETING

FOR THE YEAR 2020 HELD ON 14 MAY 2021

The Board of Directors (the "Board") of Dynagreen Environmental Protection Group Co., Ltd.* (the "Company") is pleased to announce the poll results of the Annual General Meeting for the year 2020 (the "AGM").

Unless otherwise defined, capitalized terms used in this announcement shall have the same meaning as those defined in the Company's circular of the AGM dated 15 April 2021.

1. CONVENING AND ATTENDANCE OF THE AGM
   The AGM was held in form of an on-site meeting and online voting (only for A Share) on Friday, 14 May 2021 at the Complex of Huizhou Dynagreen Environment Co., Ltd.* (惠州綠色動力環保有限公司), No. 666, Lanzilong Garden, Tiantou Village, Shatian Township, Huiyang District, Huizhou City, Guangdong, the PRC.

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At the date of AGM, the total number of the shares in issue was 1,393,440,000 Shares (including 404,359,792 H Shares and 989,080,208 A Shares), which was the total number of shares entitling their holders to attend and vote on the resolutions proposed at the AGM. No shareholders of the Company were entitled to attend the AGM but were required to abstain from voting in favour of the resolutions pursuant to Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Meanwhile, no Shareholders were required under the Listing Rules to abstain from voting at the AGM. None of the shareholders of the Company have stated their intention in the Company's circular of the AGM dated 15 April 2021 to vote against or to abstain from voting on any of the resolutions at the AGM.

The details for the attendance of the Shareholders and the authorized proxies at the AGM are as follows:

Number of Shareholders and authorized proxies attending the AGM	18
Of which: Number of A Shareholders	16
Number of H Shareholders	2
Total number of the voting Shares held	779,000,949
Of which: Total number of Shares entitled to vote held by A
Shareholders	739,936,879
Total number of Shares entitled to vote held by H
Shareholders	39,064,070
Percentage of total number of voting Shares of the Company (%)	55.9049%
Of which: Percentage of the Shares held by A Shareholders to the total
number of voting Shares of the Company	53.1015%
Percentage of the Shares held by H Shareholders to the total
number of voting Shares of the Company	2.8034%

Note: The Shareholders attended the AGM include the Shareholders attending the on-site meeting and A Shareholders attending the AGM through online voting.

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1. VOTING RESULTS OF THE AGM
   The shareholders of the Company who attended the AGM have considered and approved the following resolutions by way of poll:

	Ordinary Resolutions		Votes (%)		Approved
		For	Against	Abstain	or not
1.	To consider and approve the report of the	778,731,749	40,200	229,000	Yes
	Board for the year 2020	(99.9654%)	(0.0052%)	(0.0294%)
2.	To consider and approve the report of the	778,757,149	14,800	229,000	Yes
	Supervisory Committee for the year 2020	(99.9687%)	(0.0019%)	(0.0294%)
3.	To consider and approve the report of	778,757,149	14,800	229,000	Yes
	financial accounts for the year 2020	(99.9687%)	(0.0019%)	(0.0294%)
4.	To consider and approve the proposed	778,960,749	40,200	0	Yes
	profit distribution plan for the year 2020	(99.9948%)	(0.0052%)	(0.0000%)
5.	To consider and approve the proposed re-	778,986,149	14,800	0	Yes
	appointment of KPMG Huazhen LLP as	(99.9981%)	(0.0019%)	(0.0000%)
	the auditor of the Company to hold office
	until the conclusion of the next annual
	general meeting of the Company and
	to authorize the management to fix its
	remuneration for the year 2021
6.	To consider and approve the financial	778,986,149	14,800	0	Yes
	budget for the year 2021	(99.9981%)	(0.0019%)	(0.0000%)
7.	To consider and approve the proposed	765,559,971	13,440,978	0	Yes
	provision of guarantees in respect of the	(98.2746%)	(1.7254%)	(0.0000%)
	fixed asset loans and banking facilities
	granted to subsidiaries by the Company
	for the year 2021
8.	To consider and approve the appraisal for	778,960,749	40,200	0	Yes
	the year 2020 and proposed remuneration	(99.9948%)	(0.0052%)	(0.0000%)
	packages for the year 2021 of the
	Directors and the Supervisors

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	Ordinary Resolutions		Votes (%)		Approved
		For	Against	Abstain	or not
9.	To consider and approve the proposed	778,960,749	40,200	0
	amendments to the Rules of Procedures	(99.9948%)	(0.0052%)	(0.0000%)	Yes
	for Board Meeting
	Ordinary Resolutions		Votes (%*)		Approved
			or not
10a.	To consider and approve the appointment		760,438,296		Yes
	of Ms. Zhong Xia as a Director		(97.6171%)
10b.	To consider and approve the appointment		760,438,293		Yes
	of Mr. Zhang Zhenhai as a Director		(97.6171%)
11.	To consider and approve the appointment		760,656,643		Yes
	of Ms. Yu Lijun as a Supervisor		(97.6451%)
	Special resolution		Votes (%)		Approved
	For	Against	Abstain	or not
12.	To consider and approve the proposed	778,960,749	40,200	0	Yes
	amendments to the Articles of Association	(99.9948%)	(0.0052%)	(0.0000%)

• Cumulative voting is adopted in respect of resolutions 10a, 10b and 11.

The resolutions numbered 1 to 11 above are ordinary resolutions and were approved by more than 50% of the votes, whereas the resolution numbered 12 is a special resolution and was approved by more than two-thirds of the votes.

Tricor Investor Services Limited (the H Share Registrar of the Company), one Shareholder representative and one Supervisor representative were appointed as the scrutineers and the tellers of the AGM.

1. APPOINTMENT OF DIRECTORS AND SUPERVISOR
   The Company announced that at the AGM, Ms. Zhong Xia was approved to be appointed as an executive Director of the Company, and Mr. Zhang Zhenhai was approved to be appointed as a non-executive Director of the Company, their respective terms of office will start from the date of approval by the AGM, and expire at the end of the term of the third session of the Board. For the biographies, terms of office and fees of Ms. Zhong Xia and Mr. Zhang Zhenhai, please refer to the Company's circular of the AGM dated 15 April 2021. As at the date of this announcement, the information about Ms. Zhong Xia and Mr. Zhang Zhenhai disclosed in the circular has not changed. There is no other information that needs to be disclosed in accordance with Rule 13.51(2) of the Listing Rules, and there are no other matters concerning the appointment of Ms. Zhong Xia as an executive Director and the appointment of Mr. Zhang Zhenhai as a non-executive Director that need to be brought to the attention of the Shareholders.

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The Company announced that at the AGM, Ms. Yu Lijun was approved to be appointed as a Supervisor of the Company, her term of office will start from the date of approval by the AGM, and expire at the end of the term of the third session of the Supervisory Committee. For the biographies, term of office and fee of Ms. Yu Lijun, please refer to the Company's circular of the AGM dated 15 April 2021. As at the date of this announcement, the information about Ms. Yu Lijun disclosed in the circular has not changed. There is no other information that needs to be disclosed in accordance with Rule 13.51(2) of the Listing Rules, and there is no other matter concerning the appointment of Ms. Yu Lijun as a Supervisor that needs to be brought to the attention of the Shareholders.

IV. WITNESSING BY LAWYER

Beijing Kangda Law Firm, the PRC legal advisor of the Company, has witnessed the AGM and is of the opinion that the convening and holding procedures of the AGM conform to the requirements under the Company Law, the Rules for General Meetings and the Articles; that the convener and attendees of the AGM satisfy the respective eligibility requirements; and that the voting procedures and results of the AGM are both legitimate and valid.

For details of the aforesaid resolutions, the shareholders of the Company may refer to the Company's circular of the AGM dated 15 April 2021 and notice of the AGM dated 15 April 2021 issued by the Company, which are also available and can be downloaded from the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and of the Company (www.dynagreen.com.cn).

By Order of the Board

Dynagreen Environmental Protection Group Co., Ltd.*

Qiao Dewei

Chairman

Shenzhen, the PRC

14 May 2021

As at the date of this announcement, the executive Directors of the Company are Mr. Qiao Dewei, Mr. Hu Shengyong and Ms. Zhong Xia; the non-executive Directors of the Company are Mr. Liu Shuguang, Mr. Cheng Suning and Mr. Zhang Zhenhai; and the independent non- executive Directors of the Company are Mr. Ou Yuezhou, Ms. Fu Jie and Mr. Xie Lanjun.

• For identification purposes only

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