Fuyao Glass Industry : POLL RESULTS OF THE 2021 SECOND EXTRAORDINARY GENERAL MEETING AND THE 2021 FIRST A SHARE AND H SHARE CLASS MEETINGS

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 3606)

POLL RESULTS OF THE 2021 SECOND EXTRAORDINARY GENERAL MEETING AND THE 2021 FIRST A SHARE AND

H SHARE CLASS MEETINGS

The Board is pleased to announce that the EGM, the A Share Class Meeting and the H Share Class Meeting were held in the conference room of the Company located at Fuyao Industrial Zone, Rongqiao Economic & Technological Development Zone, Fuqing City, Fujian Province, the PRC on Friday afternoon, February 26, 2021. All the resolutions proposed as set out in notices of the EGM, the A Share Class Meeting and H Share Class Meeting were duly passed, without any amendments thereto, by the Shareholders and proxies with voting rights who attended the meetings by way of poll.

References are made to the circular (the "Circular") of the proposed issuance of additional H Shares under specific mandate and proposed amendments to the Articles of Association and certain corporate governance policies dated January 26, 2021, the notices of the 2021 second extraordinary general meeting (the "EGM") and the 2021 H share class meeting (the "H Share Class Meeting") both dated January 12, 2021 of Fuyao Glass Industry Group Co., Ltd. (the "Company"). Unless the context otherwise requires, the terms used in this announcement shall have the same meaning as those defined in the Circular.

The board of Directors (the "Board" or "Board of Directors") of the Company is pleased to announce that the EGM, the A Share Class Meeting and the H Share Class Meeting were held in the conference room of the Company located at Fuyao Industrial Zone, Rongqiao Economic & Technological Development Zone, Fuqing City, Fujian Province, the PRC on Friday afternoon, February 26, 2021. All the resolutions proposed as set out in the EGM Notice and Notices of the A Share Class Meeting and H Share Class Meeting were duly passed, without any amendments thereto, by the Shareholders and proxies with voting rights who attended the meetings by way of poll.

I. THE EGM 1. Convening and attendance of the EGM

As at the date of the EGM, the total number of shares of the Company in issue was 2,508,617,532 shares, comprising 2,002,986,332 A Shares and 505,631,200 H Shares; the total number of shares entitling the shareholders of the Company (the "Shareholders") to attend and vote for or against the resolutions proposed at the EGM was 2,508,617,532 shares, representing 100% of the total number of issued shares of the Company. None of the Shareholders was required to abstain from voting on any resolution proposed at the EGM under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"); there were no shares entitling the holders to attend the EGM but required to abstain from voting in favour of the resolutions of the EGM under Rule 13.40 of the Listing Rules; none of the Shareholders has stated his/her/its intention in the Circular to vote against or to abstain from voting on any resolutions of the EGM. All the resolutions of the EGM were put to vote by way of poll.

The Shareholders, either in person or by proxy, attending the on-site meeting of the EGM and voting on the internet, held a total of 1,298,875,760 shares, representing 51.776556% of the Company's total shares with voting rights.

Number of Shareholders and proxies attending the EGM	311
Including: number of A Shareholders	309
number of H Shareholders	2
Total shares with voting rights held by Shareholders attending the EGM (share)	1,298,875,760
Including: total shares held by A Shareholders (share)	1,008,977,570
total shares held by H Shareholders (share)	289,898,190
Proportion of total shares with voting rights held by Shareholders attending the EGM to the Company's total shares with voting rights (%)	51.776556
Including: proportion of shares held by A Shareholders to the Company's total shares with voting rights (%)	40.220462
proportion of shares held by H Shareholders to the Company's total shares with voting rights (%)	11.556094

The EGM was convened by the Board and chaired by Mr. Cho Tak Wong, the Chairman. Both the on-site voting and internet voting were adopted for convening the meeting. The convening and holding of the EGM were in compliance with the requirements of the relevant laws, regulations and rules including the Company Law of the People's Republic of China (the "Company Law"), the Rules of Procedure of the General Meetings of Shareholders of Listed Companies (2016 Revision) (CSRC Notice [2016] No. 22) (the "Rules for General Meetings") and the Implementation Rules for Online Voting at the General Meeting of Shareholders of Listed Companies of Shanghai Stock Exchange (2015 Revision) (the "Implementation Rules for Online Voting"), the articles of association of the Company (the "Articles of Association") and the listing rules of the stock exchanges on which the shares of the Company are listed, and the resolutions made at the EGM are lawful and valid.

The Company has nine Directors and six of them attended the EGM. Mr. Tso Fai, the Vice Chairman of the Company, did not attend the EGM as he was on a business trip; Mr. Liu Jing, being an independent non-executive Director of the Company, did not attend the EGM due to other work commitments. Ms. Cheung Kit Man Alison, being an independent non-executive Director of the Company, did not attend the EGM due to the temporary travel restriction imposed by the government as response to COVID-19 pandemic. The Company has three Supervisors and two of them attended the EGM. Mr. Ma Weihua, being a Supervisor, did not attend the EGM as he was on a business trip. Ms. Li Xiaoxi, the Secretary to the Board of the Company, attended the EGM.

2. Poll Results of the EGM

(1) Pursuant to the requirements of the Listing Rules, the resolutions proposed at the EGM were voted by way of poll. The poll results in respect of the resolutions proposed at the EGM are as follows:

Special resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
1	Resolution on the Plan for the Issuance of H Shares by the Company (The following sub-resolutions must be approved individually)
1.1	Class and par value of the Shares to be issued	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.2	Method and time of issuance	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.3	Target subscribers and subscription method	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.4	Issue price and pricing method	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.5	Number of Shares to be issued	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.6	Distribution plan for the accumulated profits before the Issuance	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.7	Place of listing of Shares under the Issuance	1,298,737,360	99.989345	136,800	0.010532	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.8	Use of Proceeds	1,298,719,860	99.987997	154,400	0.011888	1,500	0.000115
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.9	Validity period of the resolution in relation to the Issuance	1,298,719,760	99.987990	154,400	0.011887	1,600	0.000123
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.

Special resolutions

For

Against

Abstain

Number of shares voted

Percentage of total number of votes %

Number of shares voted

Percentage of total number of votes %

Number of shares voted

Percentage of total number of votes %

2

Resolution on the Grant of Mandate to the Board of Directors of the Company and its Authorized Persons by the General Meeting to Handle Matters, at their Full Discretion, regarding the Issuance of H Shares

1,298,719,760

99.987990

154,400

0.011887

1,600

0.000123

As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.

3

Resolution on the Amendments to the Articles of Association of the Company

1,241,165,081

95.556875

57,697,079

4.442078

13,600

0.001047

As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.

Ordinary resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
4	Resolution on the Amendments to the Rules of Procedure for General Meetings	1,241,185,481	95.558445	57,676,679	4.440508	13,600	0.001047
As more than half of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as an ordinary resolution.
5	Resolution on the Amendments to the Rules of Procedure for the Board of Directors	1,298,834,360	99.996813	27,800	0.002140	13,600	0.001047
As more than half of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as an ordinary resolution.

(2) Pursuant to the requirements of the relevant laws and regulations of the PRC, the Company discloses the poll results of the A Shareholders (excluding Directors, Supervisors and senior management) who separately or collectively held less than 5% (exclusive) of the total issued share capital of the Company in respect of the following resolutions proposed at the EGM:

Special resolutions	For	Against	Abstain
Number of shares represented	Percentage in total shares with voting rights held by minority Shareholders attending the meeting (%)	Number of shares represented	Percentage in total shares with voting rights held by minority Shareholders attending the meeting (%)	Number of shares represented	Percentage in total shares with voting rights held by minority Shareholders attending the meeting (%)
1 Resolution on the Plan for the Issuance of H Shares by the Company (The following sub-resolutions must be approved individually)
1.1 Class and par value of the Shares to be issued	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.2 Method and time of issuance	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.3 Target subscribers and subscription method	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.4 Issue price and pricing method	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.5 Number of Shares to be issued	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.6 Distribution plan for the accumulated profits before the Issuance	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.7 Place of listing of Shares under the Issuance	356,582,495	99.986541	46,400	0.013011	1,600	0.000448
1.8 Use of Proceeds	356,582,595	99.986569	46,400	0.013011	1,500	0.000420
1.9 Validity period of the resolution in relation to the Issuance	356,582,495	99.986541	46,400	0.013011	1,600	0.000448

II. THE A SHARE CLASS MEETING 1. Convening and attendance of the A Share Class Meeting

As at the date of the A Share Class Meeting, the Company had a total of 2,002,986,332 A Shares, representing 100% of the total issued share capital of A Shares of the Company. The Shareholders, either in person or by authorized representative, attending the A Share Class Meeting, held a total of 1,008,977,570 A Shares, representing 50.373662% of the Company's total A Shares with voting rights.

Having made all reasonable enquiries, to the best knowledge, information and belief of the Directors, the Company has not imposed any restrictions on any Shareholder's voting on the resolutions proposed at the A Share Class Meeting, and no party has indicated that he/she will vote against or abstain from voting on the resolutions proposed at the A Share Class Meeting.

2. Poll Results of the A Share Class Meeting

Pursuant to the requirements of the Listing Rules, the resolutions proposed at the A Share Class Meeting were voted by way of poll. The poll results in respect of the resolutions proposed at the A Share Class Meeting are as follows:

Special resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
1	Resolution on the Plan for the Issuance of H Shares by the Company (The following sub-resolutions must be approved individually)
1.1	Class and par value of the Shares to be issued	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.2	Method and time of issuance	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.3	Target subscribers and subscription method	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.4	Issue price and pricing method	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.5	Number of Shares to be issued	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.6	Distribution plan for the accumulated profits before the Issuance	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.7	Place of listing of Shares under the Issuance	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
Special resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
1.8	Use of Proceeds	1,008,929,670	99.995253	46,400	0.004598	1,500	0.000149
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.9	Validity period of the resolution in relation to the Issuance	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
2	Resolution on the Grant of Mandate to the Board of Directors of the Company and its Authorized Persons by the General Meeting to Handle Matters, at their Full Discretion, regarding the Issuance of H Shares	1,008,929,570	99.995243	46,400	0.004598	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.
3	Resolution on the Amendments to the Articles of Association of the Company	1,003,397,623	99.446970	5,578,347	0.552871	1,600	0.000159
As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.

III. THE H SHARE CLASS MEETING

1. Convening and attendance of the H Share Class Meeting

As at the date of the H Share Class Meeting, the Company had a total of 505,631,200 H Shares, representing 100% of the total issued share capital of H Shares of the Company. The Shareholders, either in person or by authorized representative, attending the H Share Class Meeting, held a total of 290,064,190 H Shares, representing 57.366751% of the Company's total H Shares with voting rights.

Having made all reasonable enquiries, to the best knowledge, information and belief of the Directors, the Company has not imposed any restrictions on any Shareholder's voting on the resolutions proposed at the H Share Class Meeting, and no party has indicated that he/she will vote against or abstain from voting on the resolutions proposed at the H Share Class Meeting.

2. Poll Results of the H Share Class Meeting

Pursuant to the requirements of the Listing Rules, the resolutions proposed at the H Share Class Meeting were voted by way of poll. The poll results in respect of the resolutions proposed at the H Share Class Meeting are as follows:

Special resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
1	Resolution on the Plan for the Issuance of H Shares by the Company (The following sub-resolutions must be approved individually)
1.1	Class and par value of the Shares to be issued	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.2	Method and time of issuance	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.3	Target subscribers and subscription method	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.4	Issue price and pricing method	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.5	Number of Shares to be issued	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.6	Distribution plan for the accumulated profits before the Issuance	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.7	Place of listing of Shares under the Issuance	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
1.8	Use of Proceeds	289,936,990	99.956148	127,200	0.043852	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
Special resolutions	For	Against	Abstain
Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %	Number of shares voted	Percentage of total number of votes %
1.9	Validity period of the resolution in relation to the Issuance	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned sub-resolution, the abovementioned sub-resolution was duly passed as a special resolution.
2	Resolution on the Grant of Mandate to the Board of Directors of the Company and its Authorized Persons by the General Meeting to Handle Matters, at their Full Discretion, regarding the Issuance of H Shares	289,919,390	99.950080	144,800	0.049920	0	0.000000
As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.
3	Resolution on the Amendments to the Articles of Association of the Company	237,945,458	82.032001	52,106,732	17.963862	12,000	0.004137
As more than 2/3 of the votes were cast in favour of the abovementioned resolution, the abovementioned resolution was duly passed as a special resolution.

The full text of the abovementioned resolutions is set out in the Circular, the respective notices of the EGM, the A Share Class Meeting and the H Share Class Meeting.

Computershare Hong Kong Investor Services Limited, Fujian Zenith Law Firm (the PRC legal advisor of the Company), shareholder representatives and supervisor representatives acted as the scrutineers of the EGM, the A

Share Class Meeting and the H Share Class Meeting.

WITNESSING BY LAWYER

Fujian Zenith Law Firm, the PRC legal advisor of the Company, witnessed the EGM, the A Share Class Meeting and the H Share Class Meeting and is of the opinion that the convening and holding procedures of the EGM, the A Share Class Meeting and the H Share Class Meeting conform to the requirements under the Company Law, the Rules for General Meetings, Implementation Rules for Online Voting and the Articles of Association; that the convener and attendees of the EGM, the A Share Class Meeting and the H Share Class Meeting satisfy the respective eligibility requirements; and that the voting procedures and results of the EGM, the A Share Class Meeting and the H Share Class Meeting are both legitimate and valid.

By order of the Board

Fuyao Glass Industry Group Co., Ltd.

Cho Tak Wong

Chairman

Fuzhou, Fujian, the PRC

February 27, 2021

As of the date of this announcement, the Board of Directors comprises Mr. Cho Tak Wong, Mr. Tso Fai, Mr. Ye Shu and Mr. Chen Xiangming, as executive Directors; Mr. Wu Shinong and Ms. Zhu Dezhen, as non-executive Directors; Ms. Cheung Kit Man Alison, Mr. Liu Jing and Mr. Qu Wenzhou, as independent non-executive Directors.