CLPH China Logistics Property : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 8 JUNE 2018

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China Logistics Property Holdings Co., Ltd 中國物流資產控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1589)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 8 JUNE 2018

The Board is pleased to announce that the ordinary resolution proposed at the EGM held on 8 June 2018 was duly passed by way of poll.

Reference is made to the circular of China Logistics Property Holdings Co., Ltd (the "Company") dated 23 May 2018 in relation to the continuing connected transactions (the "Circular"). Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular, unless the context otherwise requires.

The board of directors (the "Board") of the Company is pleased to announce that the ordinary resolution proposed at the extraordinary general meeting of the Company held on 8 June 2018 (the "EGM") was duly passed by way of poll. The poll results of the EGM were as follows:

Number of Votes (%)(Note (a))Ordinary Resolution

1."THAT the continuing connected transactions contemplated under the lease framework agreement entered into between the Company and Shanghai Yushuo Investment Holdings Co., Ltd. ( 上海宇碩投資控股 有限公司 ) on 25 April 2018 and the proposed annual caps be and are hereby generally and unconditionally approved and the directors of the Company acting together or by committee, or any director of the Company acting individually, be and is hereby authorised to do all such further acts and things and execute such further documents and take all such steps which in his/her/ their opinion may be necessary, desirable or expedient to implement and/or give effect to the terms of such continuing connected transactions."

For 1,723,750,967 (99.966949%)

Against 569,900 (0.033051%)

Notes:

• (a) Pursuant to Rule 13.39(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), the voting of the resolution proposed at the EGM had been taken by poll. The number and percentage of votes are based on the total number of shares voted by the shareholders at the EGM in person or by proxy.

• (b) As a majority of the votes were cast in favour of the ordinary resolution no. 1, the ordinary resolution was duly passed.

• (c) The total number of shares of the Company in issue as at the date of the EGM: 3,243,543,199 shares.

• (d) The total number of shares of the Company entitling the holders to attend and vote on the ordinary resolution no. 1 at the EGM: 2,355,943,199 shares.

• (e) The total number of shares of the Company entitling the holders to attend and abstain from voting in favour of the ordinary resolution at the EGM as set out in Rule 13.40 of the Listing Rules: Nil.

• (f) The total number of shares of the Company that are required under the Listing Rules to abstain from voting at the EGM: 887,600,000 shares.

• (g) Mr. Li Shifa and his associates have stated their intention in the Circular to abstain from voting on the ordinary resolution no. 1 at the EGM and have done so accordingly. None of the other shareholders of the Company have stated their intention in the Circular to vote against or to abstain from voting on the ordinary resolution no. 1 at the EGM.

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

By order of the Board

China Logistics Property Holdings Co., Ltd

Li Shifa

Chairman

PRC, 8 June 2018

As of the date of this announcement, Mr. Li Shifa, Mr. Pan Naiyue, Mr. Wu Guolin, Ms. Li Huifang, Mr. Chen Runfu, Mr. Cheuk Shun Wah and Ms. Shi Lianghua are the executive directors, Mr. Huang Xufeng, Ms. Li Qing and Mr. Fu Bing are the non-executive directors, and Mr. Guo Jingbin, Mr. Fung Ching Simon, Mr. Wang Tianye, Mr. Leung Chi Ching Frederick and Mr. Chen Yaomin are the independent non-executive directors.