CSC Financial : (I) POLL RESULTS OF THE 2020 SECOND EXTRAORDINARY GENERAL MEETING HELD ON JULY 28, 2020; AND (II) AMENDMENTS TO THE ARTICLES OF ASSOCIATION; AND (III) APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

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.

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6066)

1. POLL RESULTS OF THE 2020 SECOND EXTRAORDINARY GENERAL MEETING HELD ON JULY 28, 2020;

AND

1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION; AND

1. APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

Reference is made to the circular of CSC Financial Co., Ltd. (the "Company") dated June 11, 2020 (the "Circular"). Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Circular.

1. POLL RESULTS OF THE 2020 SECOND EXTRAORDINARY GENERAL MEETING HELD ON JULY 28, 2020
   The 2020 second extraordinary general meeting (the "EGM") of the Company was held at 9:30 a.m. on Tuesday, July 28, 2020 at Multi-function Hall, B1/F, Office Building of CSC Financial Co., Ltd., No. 188 Chaonei Avenue, Dongcheng District, Beijing, PRC. The EGM was convened in accordance with the Company Law and the Articles of Association.
   The EGM was convened by the Board. No resolution was rejected or amended at the EGM, and no new resolution was proposed at the EGM for voting and approval.
   As at the date of convening the EGM, the total number of issued Shares of the Company is 7,646,385,238 Shares (including 6,385,361,476 A Shares and 1,261,023,762 H Shares), which is the total number of Shares entitling the holders to attend and vote on the resolutions at the EGM. A total of 32 Shareholders and proxies, holding an aggregate of 6,016,987,709 Shares with voting rights of the Company, representing approximately 78.69% of the total Shares with voting rights of the Company, have attended the EGM.

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To the best knowledge, information and belief of the Board after having made all reasonable enquiries, there were no restrictions on any Shareholders to cast votes on any of the resolutions at the EGM. None of the Shareholders has any material interest in the matters considered at the EGM and is required to abstain from voting at the EGM. There were no Shares of the Company entitling the holders to attend the EGM but abstain from voting in favour as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). None of the Shareholders is required to abstain from voting on the resolutions proposed at the EGM in accordance with the Listing Rules. None of the Shareholders has stated his/her/its intention in the Circular to vote against or to abstain from voting on any of the EGM resolutions at the EGM. All EGM resolutions were put to vote by way of poll.

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

	SPECIAL RESOLUTIONS	NO. OF SHARES VOTED (%)
	FOR	AGAINST	ABSTAIN
1.	To consider and approve the resolution on	6,016,949,009	38,700	0
	amendments to the Articles of Association and	(99.999357%)	(0.000643%)	(0%)
	Rules of Procedures for Shareholders General
	Meetings
	ORDINARY RESOLUTIONS
2.	To consider and approve the resolution on the	6,015,048,702	1,939,007	0
	addition of director of the Company	(99.967774%)	(0.032226%)	(0%)

As more than two-thirds (inclusive) of the votes were cast in favour of the above special resolution numbered 1, the above resolution was duly passed by the Shareholders.

As more than half of the votes were cast in favour of the above ordinary resolution numbered 2, the above resolution was duly passed by the Shareholders.

In compliance with the requirements of the Articles of Association and the Listing Rules, Computershare Hong Kong Investor Services Limited (the Company's H Share registrar), two representatives from the Company's Shareholders, one supervisor of the Company and one representative from Beijing Tian Yuan Law Firm (the Company's PRC legal advisers) acted as the scrutineers for the vote-taking at the EGM.

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The lawyers of Beijing Tian Yuan Law Firm witnessed the 2020 second EGM of the Company and certified that the convening and holding procedures, qualification of the attendees and voting procedures of the EGM conformed to the requirements of PRC law, regulations and the Articles of Association; qualification of the attendees of on-site meetings of the EGM and qualification of the conveners are lawful and valid; the voting procedure and voting results of the EGM were lawful and valid.

1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
   Reference is made to the Circular relating to, among other things, the proposed amendments to the Articles of Association published by the Company on June 11, 2020. The Board announces that such proposed amendments to the Articles of Association were duly approved by the Shareholders at the EGM. The Company will be in strict accordance with the regulations to complete the relevant record-filing procedures of the Articles of Association. For the full text of the amended Articles of Association, please refer to the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Company (www.csc108.com). Shareholders of the Company should be aware that the English version of the Articles of Association is a translation from the Chinese version. The Chinese version of the Articles of Association shall prevail in the case of discrepancies and/or inconsistencies between the two versions.

1. APPOINTMENT OF NON-EXECUTIVE DIRECTOR
   Mr. WANG Xiaolin ("Mr. Wang") has been appointed as the Director of the second session of the Board of the Company at the EGM. Mr. WANG assumed office officially from the date of approval of his appointment at the EGM of the Company, with a term of office ending when the term of the second session of the Board of the Company expires. Upon the approval of the appointment of Mr. WANG at the EGM, the Company will enter into an appointment letter with Mr. WANG. Mr. WANG will not receive any director's fee from the Company as a non-executive Director of the Company. Please refer to the Circular for Mr. WANG's biography and other details. As of the date of this announcement, such information has not changed.

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The Company would like to take this opportunity to express its warmest welcome to Mr. WANG Xiaolin on his joining of the Board.

By Order of the Board

CSC Financial Co., Ltd.

Wang Changqing

Chairman

Beijing, the PRC

July 28, 2020

As at the date of this announcement, the executive Directors of the Company are Mr. WANG Changqing and Mr. LI Geping; the non-executive Directors of the Company are Mr. YU Zhongfu, Ms. ZHANG Qin, Ms. ZHU Jia, Mr. WANG Xiaolin, Mr. WANG Hao, Mr. WANG Bo and Mr. XU Gang; the independent non-executive Directors of the Company are Mr. FENG Genfu, Ms. ZHU Shengqin, Mr. DAI Deming, Mr. BAI Jianjun and Mr. LIU Qiao.

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