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.

(Incorporated in Hong Kong with limited liability)

(Stock code: 00123) POLL RESULTS OF THE GENERAL MEETING

Reference is made to the circular of Yuexiu Property Company Limited ("Company") dated 23 November 2016 in relation to, among other things, (1) the discloseable and connected transaction in relation to the proposed acquisition of the entire interest in Guangzhou Zhongjing Huifu Real Estate Development Co., Ltd* and (2) the discloseable and connected transaction in relation to the proposed disposal of all of the issued shares of Talent Sky Enterprises Limited. Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that at the GM held on 9 December 2016, all of the proposed resolutions as set out in the notice of the GM dated 23 November 2016 (the "GM Notice") were duly passed by the Independent Shareholders by way of poll. Please refer to the GM Notice for the full version of the resolutions. The vote-taking at the GM was scrutinised by the Company's share registrar, Tricor Abacus Limited.

The poll results taken at the GM were as follows:

ORDINARY RESOLUTIONS

Number of Votes (%)

For

Against

1.

Subject to and conditional upon the passing of ordinary resolution numbered 2:

  1. the Nansha Acquisition (including the entering into of the Nansha Equity Transfer Agreement by the Nansha Acquisition Seller and the Nansha Acquisition Purchaser) and the consummation of transactions contemplated thereunder as more particularly described in the Circular and on the terms and conditions set out in the Nansha Equity Transfer Agreement be hereby approved, ratified and confirmed; and

  2. authorization be granted to any one Director to complete and do all such acts or things (including executing all such documents, instruments and agreements as may be required) as the Company, such Director or, as the case may be, the Board may consider necessary, desirable or expedient or in the interest of the Company to give effect to the terms of the matters contemplated under the Nansha Equity Transfer Agreement, the Nansha Loan Assignment Agreement and all transactions contemplated thereunder and all other matters incidental thereto or in connection therewith.

1,180,328,584

(99.07%)

11,090,614

(0.93%)

ORDINARY RESOLUTIONS

Number of Votes (%)

For

Against

2.

Subject to and conditional upon the passing of ordinary resolution numbered 1:

  1. the Talent Sky Disposal (including the entering into of the Talent Sky SPA and the deed of assignment in relation to the Assignment of Talent Sky Loan (the "Talent Sky Deed of Assignment") by the Talent Sky Disposal Seller and the Talent Sky Disposal Purchaser) and the consummation of transactions contemplated thereunder as more particularly described in the Circular and on the terms and conditions set out in the Talent Sky SPA be hereby approved, ratified and confirmed; and

  2. authorization be granted to any one Director to complete and do all such acts or things (including executing all such documents, instruments and agreements as may be required) as the Company, such Director or, as the case may be, the Board may consider necessary, desirable or expedient or in the interest of the Company to give effect to the terms of the matters contemplated under the Talent Sky SPA, the Talent Sky Deed of Assignment and all transactions contemplated thereunder and all other matters incidental thereto or in connection therewith.

1,180,328,584

(99.07%)

11,090,614

(0.93%)

As at the date of the GM, the Company had 12,401,306,631 Shares in issue, which was the total number of Shares entitling the Shareholders to attend the GM. There were no Shares entitling any Shareholder to attend and abstain from voting in favour of the resolutions proposed at the GM as set out in Rule 13.40 of the Listing Rules. As at the date of the GM, GZYX and its associates (which include YXE) held an aggregate of 6,159,447,662 Shares in the Company, representing approximately 49.67% of all of the issued Shares of the Company, and were required to abstain, and have abstained, from voting in respect of all of the resolutions proposed at the GM. Save as disclosed above, no Shareholder who was eligible to vote at the GM, whether he or she was voting in presence or by proxy, was required to abstain from voting on the resolutions proposed at the GM. As such, Independent Shareholders representing 6,241,858,969 Shares were entitled to attend and vote on all of the resolutions proposed at the GM.

Hong Kong, 9 December 2016

By Order of the Board

Yuexiu Property Company Limited Yu Tat Fung

Company Secretary

As at the date of this announcement, the Board comprises:

Executive Directors: ZHANG Zhaoxing (Chairman), ZHU Chunxiu, LIN Zhaoyuan,

LI Feng, OU Junming and OU Shao

Independent Non-executive Directors:

YU Lup Fat Joseph, LEE Ka Lun and LAU Hon Chuen Ambrose

* For identification purpose only

Yuexiu Property Co. Ltd. published this content on 09 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 December 2016 12:50:02 UTC.

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