Zhejiang Cangnan Instrument : NOTICE OF THE EXTRAORDINARY GENERAL MEETING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, 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 notice.

Zhejiang Cangnan Instrument Group Company Limited

(浙江蒼南 儀錶集團股 份有限公司 )

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

(Stock Code: 1743)

NOTICE OF THE EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the extraordinary general meeting (the "EGM") of Zhejiang Cangnan Instrument Group Company Limited (the "Company") will be held at 12:00 noon on 17 May 2021 at Conference Room, 7/F, Building 1, Zhejiang Cangnan Instrument Group Company Limited, Industrial Demonstrative Park, Lingxi Town, Cangnan County, Zhejiang Province, the PRC for the purposes of considering and, if thought fit, passing the following resolution:

Save as defined otherwise, capitalized terms defined in the Offer Document dated 1 April

2021 issued by the Company shall have the same meanings when used herein.

RESOLUTION

1. THAT subject to the passing of this same resolution by the Shareholders at the EGM, as approved by way of poll by at least two-thirds (2/3) of the votes attaching to the Shares held by all the Shareholders that are cast either in person or by proxy at the EGM, the approval of the Share Buy-back Offer and the Voluntary Withdrawal pursuant to the Takeovers Code, the Share Buy-back Code and the Listing Rules, and any directors of the Company is authorized to take whatever action necessary and deemed appropriate to give effect to the Share Buy-back Offer and the Voluntary Withdrawal.

By order of the Board of Directors of

Zhejiang Cangnan Instrument Group Company Limited

Mr. HONG Zuobin

Chairman

Hong Kong, 1 April 2021

As at the date of this notice, the Board of the Company comprises Mr. Hong Zuobin, Mr. Huang Youliang, Mr. Jin Wensheng, Mr. Yin Xinjing, Mr. Zhang Shengyi, Ms. Lin Zichan and Mr. Lin Zhongzhu as executive Directors, Mr. Ye Xiaosen and Mr. Hou Zukuan as non-executive Directors and Mr. Ng Jack Ho Wan, Mr. Wong Hak Kun, Mr. Wang Jingfu, Mr. Li Jing and Mr. Su Zhongdi as independent non-executive Directors.

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Notes:

1. ELIGIBILITY FOR ATTENDING THE EGM
   The Shareholders whose names appear on the register of members of the Company on the close of business on 16 April 2021 are entitled to attend and vote at the EGM. Shareholders of the Company who wish to attend the EGM but have not registered the transfer documents are required to deposit the transfer documents together with the relevant share certificates at the Share Registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17/F, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong (for H Shareholders) or the Board office of the Company in the PRC at Industrial Demonstrative Park, Lingxi Town, Cangnan County, Zhejiang province, the PRC (for Domestic Shareholders), by no later than 4:30 p.m. on 16 April 2021 for registration.
2. PROXY
   Shareholders entitled to attend and vote at the EGM may appoint one or more proxies to attend and vote in their stand. A proxy need not be a Shareholder of the Company.
   The instrument appointing a proxy must be in writing under the hand of a Shareholder or his attorney duly authorized in writing. If the Shareholder is a corporate body, the proxy form must be either executed under its common seal or under the hand of its director(s) or duly authorized attorney(s). If the proxy form is signed by an attorney of the Shareholder, the power of attorney authorizing that attorney to sign or other authorizations document must be notarized.
   For Shareholders, the proxy form together with the power of attorney or other authorization document (if any) must be lodged at the Share Registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong (for H Shareholders) or the Board office of the Company in the PRC at Industrial Demonstrative Park, Lingxi Town, Cangnan County, Zhejiang province, the PRC (for Domestic Shareholders), in person or by post not less than 48 hours before the time fixed for holding the EGM (i.e. by no later than 12:00 noon on 15 May 2021) or any adjournment thereof (as the case may be). Shareholders can still attend and vote at the EGM upon completion and return of the proxy form.
3. REPLY SLIP
   Shareholders who intend to attend the EGM in person or by proxy should deliver the reply slip to the Share Registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong (for H Shareholders) or the Board office of the Company in the PRC at Industrial Demonstrative Park, Lingxi Town, Cangnan County, Zhejiang province, the PRC (for Domestic Shareholders), on or before Tuesday, 27 April 2021.
4. ADDRESS AND TELEPHONE NUMBER OF THE CONTACT PERSON WHO HANDLES THE MEETING AFFAIRS

Name:	The Board Office of the Company in the PRC
Address:	Industrial Demonstrative Park, Lingxi Town, Cangnan County, Zhejiang Province, the
	PRC
Telephone:	[phone]
Fax No.:	[phone]

1. PROCEDURES FOR VOTING AT THE EGM
   Any vote of Shareholders at the EGM must be taken by poll.
2. OTHER BUSINESS
   Shareholders (in person or by proxy) attending the EGM are responsible for their own transportation and accommodation expenses. Shareholders or their proxies attending the EGM shall produce their identity documents.
3. References to time and dates in this notice are to Hong Kong time and dates.

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