China Fortune Investments : RESULTS OF EXTRAORDINARY GENERAL MEETING AND REMOVAL OF DIRECTORS

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 the Cayman Islands with limited liability)

(Stock code: 8116)

RESULTS OF EXTRAORDINARY GENERAL MEETING

AND

REMOVAL OF DIRECTORS

The Board announces that the resolutions as set out in the Notice were duly passed by the Shareholders by way of poll at the EGM held on 30 April 2019.

Reference is made to the circular of China Fortune Investments (Holding) Limited (the "Company") dated 10 April 2019 (the "Circular") and the notice of the extraordinary general meeting ("EGM") of the same date (the "Notice"). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board announces that the resolutions as set out in the Notice were duly passed by the Shareholders by way of poll at the EGM held on 30 April 2019.

The scrutineer for the poll at the EGM was Tricor Abacus Limited, the Hong Kong branch share registrar and transfer office of the Company.

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Details of the poll results in respect of the resolutions proposed at the EGM were as follows:

The full text of the resolutions were set out in the Notice.

As at the date of the EGM, the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions were 3,031,101,766 Shares. No Shareholder was required to abstain from voting on the resolutions proposed at the EGM and no Shareholder entitled to attend the EGM could vote only against the resolutions proposed at the EGM. None of the Shareholders have stated their intention in the Circular to vote against or to abstain from voting on the resolutions proposed at the EGM.

REMOVAL OF DIRECTORS

The Board further announces that since the resolutions in respect of the removal of Mr. Pan Xiaodong ("Mr. Pan") and Mr. Liu Yunming ("Mr. Liu") as executive Directors have been duly passed by the Shareholders at the EGM, Mr. Pan and Mr. Liu ceased to be directors of the Company with effect from the conclusion of the EGM.

The Board would like to thank Mr. Pan and Mr. Liu for their past contributions to the Company.

By order of the Board

China Fortune Investments (Holding) Limited

Cheng Chun Tak

Chairman

Hong Kong, 30 April 2019

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As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Cheng Chun Tak (Chairman), Mr. Stephen William Frostick and Ms. Li Ka Ki, one non-executive Director, namely Mr. Huang Shenglan and three independent non-executive Directors, namely Mr. Chang Jun, Mr. Xu Jingan and Mr. Lee Chi Hwa Joshua.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page on the GEM website at www.hkgem.com for at least 7 days from the date of its posting and on the website of the Company.

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