SPT Energy : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 12 JUNE 2018 2018-06-12

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SPT Energy Group Inc.

華油能源集團有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1251)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 12 JUNE 2018

At the annual general meeting (the "AGM") of SPT Energy Group Inc. (the "Company") held on 12 June 2018, voting on all the proposed resolutions as set out in the notice of the AGM dated 27

April 2018 and the supplemental notice of the AGM dated 25 May 2018 was taken by poll.

As at the date of the AGM, the total number of issued shares of the Company was 1,844,147,665 shares. The total number of shares of the Company entitling the shareholders to attend and vote for or against the resolutions proposed at the AGM was 1,844,147,665 shares. There were no shareholders of the Company entitled to attend and abstain from voting in favour of any resolutions proposed 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") nor were any shareholders of the Company required under the Listing Rules to abstain from voting at the AGM.

The Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited was appointed as the scrutineer at the AGM for the purpose of vote-taking. The poll results in respect of the respective resolutions proposed at the AGM were as follows:

No. of Votes (%)

ORDINARY RESOLUTIONS

2.

1. To consider, receive and adopt the audited consolidated financial statements of the Company and the reports of the directors and auditor for the year ended 31 December 2017.

For	Against
849,431,537	0
100%	0%
848,717,537	714,000
99.915944%	0.084056%
849,431,537	0
100%	0%
841,830,982	7,600,555
99.105219%	0.894781%
To authorise the board of directors of the Company to fix the	849,431,537	0
remuneration of the directors.	100%	0%

(a)To re-elect the following persons as directors of the Company:

• (i) Mr. Lin Yang as non-executive director;

• (ii) Ms. Zhang Yujuan as independent non-executive director;

• (iii) Mr. Wu Kwok Keung Andrew as independent non-executive director;

(b)

ORDINARY RESOLUTIONS			No. of Votes (%)
			For	Against
3.	To re-appoint PricewaterhouseCoopers as auditor of the Company and authorise the board of directors of the Company to fix their remuneration.		849,431,537 100%	0 0%
4.	(A)	To give a general mandate to the directors of the Company to allot, issue and deal with additional shares not exceeding 20% of the issued share capital of the Company.	804,576,101 94.719358%	44,855,436 5.280642%
	(B)	To give a general mandate to the directors of the Company to repurchase shares not exceeding 10% of the issued share capital of the Company.	849,431,537 100%	0 0%
	(C)	Conditional upon passing of ordinary resolutions numbered 4(A) and 4(B), to extend the authority given to the directors of the Company pursuant to ordinary resolution numbered 4(A) to issue shares by adding to the aggregate nominal amount of the issued share capital of the Company which may be allotted by the directors of the Company pursuant to such general mandate of an amount representing the number of shares repurchased under ordinary resolution numbered 4(B).	804,576,101 94.719358%	44,855,436 5.280642%
5.	To refresh the scheme mandate limit up to 10% of the issued share capital of the Company.		804,584,101 94.720300%	44,847,436 5.279700%
6.	(a) (b)	To increase the authorised share capital of the Company from US$200,000 divided into 2,000,000,000 shares of US$0.0001 each to US$500,000 divided into 5,000,000,000 Share by the creation of an additional 3,000,000,000 new shares; and To authorise any one director to do all such acts and things and execute all such documents to give effect to the increase in authorised share capital.	804,576,101 94.719358%	44,855,436 5.280642%

As more than 50% of votes were cast in favour of each of the resolutions, all of the above ordinary resolutions were approved by the shareholders of the Company.

By order of the board of directors

SPT Energy Group Inc.

Mr. Wang Guoqiang

Chairman

Hong Kong, 12 June 2018

As at the date of this announcement, the executive directors are Mr. Wang Guoqiang, Mr. Ethan Wu, Mr. Liu Ruoyan and Mr. Li Qiang; the non-executive directors are Mr. Lin Yang and Ms. Chen Chunhua; and the independent non-executive directors are Ms. Zhang Yujuan, Mr. Wu Kwok Keung Andrew and Mr. Wan Kah Ming.

*

for identification purpose only