Hailan : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 31 OCTOBER 2019 AND RETIREMENT OF EXECUTIVE DIRECTORS

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Hailan Holdings Limited

海 藍 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 2278)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 31 OCTOBER 2019 AND

RETIREMENT OF EXECUTIVE DIRECTORS

POLL RESULTS OF THE ANNUAL GENERAL MEETING

At the annual general meeting (the ''AGM'') of Hailan Holdings Limited (the ''Company'') held on 31 October 2019, all the resolutions as set out in the notice of the AGM dated 30 September 2019 were taken by poll. The poll results are as follows:

		Ordinary Resolutions	Number of Votes (%)
		For	Against
1.	To receive, consider and adopt the audited	225,012,000	0
	consolidated financial statements of the Company and	(100.00)%	(0.00)%
	its subsidiaries and the reports of the directors of the
	Company (the ''Directors'') and auditors of the
	Company for the year ended 31 December 2018.
2.	(a)	To re-elect Ms. Zhou Li as an executive Director.	225,000,000	12,000
			(99.99)%	(0.01)%
	(b)	To re-elect Mr. Chen Zhonghua as an executive	225,012,000	0
		Director.	(100.00)%	(0.00)%
	(c)	To re-elect Dr. Zhao Guoqing as an independent	225,000,000	12,000
		non-executive Director.	(99.99)%	(0.01)%
	(d)	To authorise the board (the ''Board'') of	225,012,000	0
		Directors to fix the remuneration of the	(100.00)%	(0.00)%
		Directors.
3.	To re-appoint Mazars CPA Limited as auditors of the	225,013,000	0
	Company and to authorise the Board to fix their	(100.00)%	(0.00)%
	remuneration.

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	Ordinary Resolutions	Number of Votes (%)
	For	Against
4.	To grant a general mandate to the Directors to allot,	225,000,000	12,000
	issue and deal with additional shares of the Company	(99.99)%	(0.01)%
	not exceeding 20% of the total number of issued
	shares of the Company as at the date of passing of
	this resolution.
5.	To grant a general mandate to the Directors to	225,013,000	0
	repurchase shares of the Company not exceeding 10%	(100.00)%	(0.00)%
	of the total number of issued shares of the Company
	as at the date of passing of this resolution.
6.	To extend the general mandate granted to the	225,000,000	12,000
	Directors to allot, issue and deal with additional	(99.99)%	(0.01)%
	shares in the capital of the Company under the
	ordinary resolution no. 4 by the aggregate number of
	the shares repurchased by the Company pursuant to
	the ordinary resolution no. 5.

Notes:

1. As at the date of the AGM, the total number of shares of the Company in issue was 300,000,000 shares, being the total number of shares of the Company entitling the holders to attend and vote on the resolutions at the AGM.
2. There were no shares entitling the holders to attend and abstain from voting in favour of the resolutions at the AGM 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'').
3. No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM.
4. None of the shareholders of the Company have stated their intention in the Company's circular dated 30 September 2019 to vote against or to abstain from voting on any of the resolutions at the AGM.
5. The Company's Hong Kong branch share registrar, Tricor Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM.
6. Please refer to the notice of the AGM dated 30 September 2019 for the full text of the above resolutions.

As more than 50% of the votes were cast in favour of each of the Resolutions numbered 1 to 6, all such resolutions were duly passed as ordinary resolutions by the shareholders by way of poll at the AGM.

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RETIREMENT OF EXECUTIVE DIRECTORS

Mr. Chen Xiang (''Mr. Chen'') had retired from office as an executive Director after the conclusion of the AGM in accordance with Article 108(a) of the Articles of Association of the Company and did not offer himself for re-election thereat.

Ms. Chan Si Yu (''Ms. Chan'') had retired from office as an executive Director after the conclusion of the AGM in accordance with Article 112 of the Articles of Association of the Company and did not offer herself for re-election thereat.

Each of Mr. Chen and Ms. Chan has confirmed that they have no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in relation to their retirement aforementioned.

The Board would like to take this opportunity to express its gratitude to both Mr. Chen and Ms. Chan for their valuable contributions and support during their tenures.

By order of the Board

Hailan Holdings Limited

Chairperson

Zhou Li

The PRC, 31 October 2019

As at the date of this announcement following the conclusion of the AGM, the executive Directors are Ms. Zhou Li, Ms. Fan Wenyi and Mr. Chen Zhonghua; the non-executive Director is Ms. Yao Yu; and the independent non-executive Directors are Mr. Li Yong, Mr. E Junyu and Dr. Zhao Guoqing.

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