Billion Industrial : Announcement Poll Results at the Extraordinary General Meeting Held on 15 February 2018

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BILLION INDUSTRIAL HOLDINGS LIMITED ϵ҃ྼุછٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2299)

ANNOUNCEMENT

POLL RESULTS

AT THE EXTRAORDINARY GENERAL MEETING

HELD ON 15 FEBRUARY 2018

Reference is made to the announcements of Billion Industrial Holdings Limited (the "Company") dated 11 December 2017, 29 December 2017, 5 January 2018 and 26 January 2018, the circular (the "Circular") of the Company dated 31 January 2018 and the notice (the "Notice") of the extraordinary general meeting (the "EGM") of the Company as set out in the Circular. Unless otherwise stated, terms used herein shall have the same meanings as those defined in the Circular and the Notice.

At the EGM held on 15 February 2018, all the proposed resolutions as set out in the Notice were duly passed by the Independent Shareholders by way of poll. The poll results were as follows:

As at the date of the EGM, the total number of issued shares of the Company ("Shares") was 2,126,332,000. To the best knowledge, information and belief of the Directors, having made all reasonable inquiries, apart from Kingom Power Limited, Hong Kong (Rong An) Investment Limited and Winwett Investments Limited which held in aggregate 1,585,552,808 Shares, representing 74.57% of the issued share capital of the Company as at the date of the EGM, no Shareholders or their associates were required under Rule 14A.36 of the Listing Rules to abstain from voting on the proposed resolutions at the EGM. There was no Share entitling a Shareholder to attend and abstain from voting in favour of the proposed resolutions at the EGM pursuant to Rule 13.40 of the Listing Rules. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote for or against the proposed resolutions at the EGM was 540,779,192. There was no restriction on any Independent Shareholders to cast votes on any of the proposed resolutions at the EGM.

The Board confirmed that Kingom Power Limited, Hong Kong (Rong An) Investment Limited and Winwett Investments Limited had abstained from voting on the proposed resolutions at the EGM.

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

Computershare Hong Kong Investor Services Limited, the Company's Hong Kong branch share registrar, acted as the scrutineer for the vote-taking at the EGM.

By order of the Board

Billion Industrial Holdings Limited

Sze Tin Yau

Co-chairman

Hong Kong, 15 February 2018

As at the date of this announcement, the board of directors of the Company comprises Mr. Sze Tin Yau, Mr. Wu Jinbiao, Mr. Wu Zhongqin and Mr. Liu Jingui as executive Directors, Mr. Zeng Wu as non-executive Director and Mr. Chan Shek Chi, Mr. Ma Yuliang and Mr. Lin

Jian Ming as independent non-executive Directors.