China VAST Industrial Urban Development : FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON WEDNESDAY, 2 JUNE 2021

China VAST Industrial Urban Development Company Limited

中國宏泰產業市鎮發展有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 6166)

FORM OF PROXY FOR THE ANNUAL GENERAL MEETING

TO BE HELD ON WEDNESDAY, 2 JUNE 2021

I/We (Note 1)

of

being the registered holder(s) of (Note 2)shares of HK$0.01 each in the share capital of

China VAST Industrial Urban Development Company Limited (the "Company") hereby appoint the Chairman of the meeting (Note 3) or of

as my/our proxy to attend, act and vote for me/us and on my/our behalf as directed below at the annual general meeting (the "AGM") of the Company for the year 2021 to be held at 3:00 p.m. on Wednesday, 2 June 2021 at Units 3707-08, 37/F, West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong (and at any adjournment thereof).

Please tick ("✓") in the appropriate boxes to indicate how you wish your vote(s) to be cast on a poll (Note 4).

		ORDINARY RESOLUTIONS		FOR	AGAINST
1.		To receive, consider and adopt the audited consolidated financial statements of the Company and
		its subsidiaries and the reports of the directors and auditor for the year ended 31 December 2020.
2.		To declare a final dividend of HK$0.18 per Share for the year ended 31 December 2020.
3(a).	To re-elect Mr. Yang Yun as executive director and to authorize the board of directors to fix his
		remuneration.
3(b).	To re-elect Mr. Wang Yagang as executive director and to authorize the board of directors to fix his
		remuneration.
3(c).	To re-elect Ms. Zhao Ying as non-executive director and to authorize the board of directors to fix
		her remuneration.
4.		To re-appoint Deloitte Touche Tohmatsu as auditor and to authorize the board of directors to fix
		their remuneration.
5.		To give a general mandate to the directors to repurchase shares of the Company not exceeding
		10% of the total number of the issued Shares of the Company as at the date of passing of this
		resolution.
6.		To give a general mandate to the directors to allot and issue new shares of the Company not
		exceeding 20% of the total number of the issued Shares of the Company as at the date of passing
		of this resolution.
7.		To extend the general mandate granted to the directors to allot and issue new shares in the capital
		of the Company by the aggregate amount of the shares repurchased by the Company.
Date:			2021	Signature(s) (Note 5)

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares of the Company registered in your name(s).
3. Please insert the name and address of the proxy desired. If any proxy other than the Chairman of the meeting is preferred, please strike out the words "the Chairman of the meeting" and insert the name and address of the proxy desired in the space provided. A member who is the holder of two or more shares entitled to attend and vote at the AGM may appoint a proxy / more than one proxy to attend and vote on his behalf, provided that if more than one proxy is so appointed, the appointment shall specify the number and class of shares in respect of which each such proxy is so appointed. A proxy need not be a member of the Company. ANY ALTERATION MADE TO THIS FORM OF PROXY
   MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE TICK ("✓") THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLEASE TICK ("✓") THE BOX MARKED "AGAINST". If no direction is given, your proxy will vote or abstain at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the AGM other than those referred to in the notice convening the AGM.
5. This form of proxy must be signed by you or your attorney duly authorized in writing. In case of a corporation, the same must be either under its common seal or under the hand of an officer or attorney so authorized.
6. In case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of votes of the other joint holder(s) and for this purpose seniority will be determined by the order in which the names stand in the Register of Members of the Company.
7. In order to be valid, this form of proxy together with the power of attorney or other authority (if any) under which it is signed or a certified copy thereof, must be deposited at the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time fixed for holding the AGM or any adjournment thereof.
8. Completion and delivery of the form of proxy will not preclude you from attending and voting at the AGM if you so wish.