Changhong Jiahua : 2019/05/17 - POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 17 MAY 2019

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Changhong Jiahua Holdings Limited

長 虹 佳 華 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 8016)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 17 MAY 2019

Reference is made to the notice of the special general meeting (the "SGM Notice") of Changhong Jiahua Holdings Limited (the "Company") and the circular (the "Circular") of the Company dated 30 April 2019. Capitalised terms used herein shall have the same meanings as those defined in the Circular unless the context requires otherwise.

POLL RESULTS OF THE SGM

The Board is pleased to announce that the proposed resolution as set out in the SGM Notice was duly passed by the Shareholders by way of poll at the SGM held on 17 May 2019. The poll results of the SGM are as follows:

No.	Ordinary Resolution (Note)	Number of votes (%)
For	Against
1.	To approve, confirm and ratify the VIE Agreements (as	186,929,241	0
	defined in the circular of the Company dated 30 April	(100%)	(0%)
	2019) and the transactions contemplated thereunder; and
	to authorize the directors of the Company to do all such
	acts and things, and to sign and execute all documents for
	and on behalf of the Company in connection with the VIE
	Agreements and the transactions contemplated thereunder.

Note: The full text of the resolution is set out in the SGM Notice.

As more than 50% of the votes were cast in favour of the above resolution, the resolution was duly

passed as ordinary resolution of the Company.

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The Company's Hong Kong branch share registrar, the Hong Kong Registrars Limited, was appointed as the scrutineer for the vote-taking at the SGM.

As at the date of the SGM, the number of issued Shares was 1,454,652,000 Shares.

As disclosed in the Circular, Sichuan Changhong, Changhong Hong Kong and Fit Generation, holding 1,008,368,000 Shares in aggregate, representing approximately 69.32% of the issued share capital of the Company, as at the date of the SGM, were required under the GEM Listing Rules to abstain from voting, and had abstained from voting, on the resolution at the SGM.

Accordingly, the total number of Shares entitling the Shareholders to attend and vote on the resolution at the SGM was 446,284,000 Shares, representing approximately 30.68% of the number of issued Shares as at the date of the SGM. Save as disclosed above, (i) no Shareholder had stated his/her/its intention in the Circular to vote against or to abstain from voting in the resolution proposed at the SGM; (ii) there is no other restriction on any Shareholder to cast votes on the resolution proposed at the SGM and (iii) no other Shareholders were required under the GEM Listing Rules to abstain from voting at the SGM.

By Order of the Board

Changhong Jiahua Holdings Limited

Zhao Yong

Chairman

Hong Kong, 17 May 2019

As at the date of this announcement, the Board comprises Mr. Zhao Yong, Mr. Zhu Jianqiu, Mr. Yang Jun and Mr. Luo Yongping as executive Directors, and Mr. Jonathan Chan Ming Sun, Mr. Gao Xudong and Mr. Meng Qingbin as independent non-executive Directors.

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 GEM website at www.hkgem.com on the "Latest Listed Company Information" page for at least 7 days from the date of its posting thereon and on the website of the Company at www.changhongit.com.hk.

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