Elife : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 25 SEPTEMBER 2019

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 223)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 25 SEPTEMBER 2019

POLL RESULTS OF THE AGM

The Board is pleased to announce that all resolutions set out in the AGM Notice were duly passed by way of poll as ordinary resolutions at the AGM held on Wednesday, 25 September 2019.

Reference is made to the notice of annual general meeting (the "AGM") dated 26 August 2019 (the "AGM Notice") of Elife Holdings Limited (the "Company") and the circular of the Company dated 26 August 2019 (the "Circular"). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Circular.

POLL RESULTS OF THE AGM

The AGM was held at Unit 806, Level 8, Core D, Cyberport 3, 100 Cyberport Road, Hong Kong on Wednesday, 25 September 2019 at 11:00 a.m. The Board is pleased to announce that all resolutions set out in the AGM Notice were duly passed by way of poll as ordinary resolutions of the Company at the AGM.

The Company's branch share registrar and transfer office in Hong Kong, Tricor Tengis Limited, was appointed as the scrutineer at the AGM for the purpose of vote-taking. The results of the poll at the AGM were as follows:

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			Number of	Total
		Ordinary Resolutions (Note 1)	votes cast (%) (Note 2)
		votes
			For	Against
1.	To consider and approve the audited	610,227,060	0	610,227,060
	consolidated financial statements and the	(100%)	(0%)
	reports of the directors of the Company
	(the "Directors" and each a "Director")
	and the auditor for the financial year
	ended 31 March 2019.
2.	(a)	To re-elect Mr. Zhang Yichun as a	610,227,060	0	610,227,060
		non-executive Director.	(100%)	(0%)
	(b) T o r e - e l e c t M s . X u Y i n g a s a	610,227,060	0	610,227,060
		non-executive Director.	(100%)	(0%)
	(c)	To re-elect Mr. Lam Williamson as an	610,227,060	0	610,227,060
		independent non-executive Director.	(100%)	(0%)
	(d) To re-elect Mr. Wong Hoi Kuen as an	610,227,060	0	610,227,060
		independent non-executive Director.	(100%)	(0%)
	(e)	To authorise the Board to fix the	610,227,060	0	610,227,060
		Directors' remuneration.	(100%)	(0%)
3.	To re - appoint HLB Hodgson Impey	610,227,060	0	610,227,060
	Cheng Limited as the Company's auditor	(100%)	(0%)
	and authorise the Board to fix their
	remuneration for the year ending 31
	March 2020.
4.	(a)	To grant a general mandate to the	610,227,060	0	610,227,060
		Directors to allot and issue shares of	(100%)	(0%)
		the Company not exceeding 20% of
		the existing issued share capital of the
		Company at the date of passing this
		resolution.
	(b) To grant a general mandate to the	610,227,060	0	610,227,060
		Directors to repurchase shares of the	(100%)	(0%)
		Company not exceeding 10% of the
		existing issued share capital of the
		Company at the date of passing this
		resolution.
	(c)	T o e x t e n d t h e g e n e r a l m a n d a t e	610,227,060	0	610,227,060
		granted to the Directors to issue	(100%)	(0%)
		s h a r e s o f t h e C o m p a n y u n d e r
		resolution 4(a) by including the
		amount of the shares repurchased by
		the Company under resolution 4(b).

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Notes:

1. The full text of the resolutions is set out in the AGM Notice.
2. The percentage of voting Shares is based on the total number of Shares held by the Shareholders who voted at the AGM in person or by proxy.

As more than 50% of the votes were cast in favour of each of the above resolutions, all these resolutions were duly passed as ordinary resolutions of the Company.

As at the date of the AGM, the total number of issued Shares was 2,912,776,542 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions proposed at the AGM. No Shareholders were required to abstain or were restricted from voting on the resolutions proposed at the AGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the resolutions at the AGM pursuant to Rule 13.40 of the Listing Rules. None of the Shareholders has stated his or her intention in the Circular to vote against or to abstain from voting on any resolution at the AGM.

By order of the Board

Elife Holdings Limited

Chow Chi Fai

Company Secretary

Hong Kong, 25 September 2019

As at the date of this announcement, the executive Directors are Mr. Zhang Xiaobin, Mr. Gao Feng, Mr. Chiu Sui Keung and Mr. Sun Qiang, the non-executive Directors are Mr. Zhang Yichun and Ms. Xu Ying, and the independent non-executive Directors are Mr. Cheng Wing Keung Raymond, Mr. Lam Williamson, Mr. Wong Hoi Kuen and Dr. Lam Lee G.

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