Hong Kong Exchanges and Clearing : ANNOUNCEMENT OF THE POLL RESULTS OF THE FIRST EXTRAORDINARY GENERAL MEETING OF 2019

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.

ANNOUNCEMENT OF THE POLL RESULTS OF THE FIRST

EXTRAORDINARY GENERAL MEETING OF 2019

References are made to the circular (the "Circular") and notice of the first extraordinary general meeting of 2019 dated 12 July 2019, and the further notice of the first extraordinary general meeting of 2019 to be held on 27 August 2019 dated 9 August 2019 published by Beijing North Star Company Limited (the "Company"). Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

POLL RESULTS OF THE EGM

The Board is pleased to announce that the EGM was held at Meeting Room One, 12th Floor, Tower A, Hui Xin Building, No. 8 Bei Chen Dong Road, Chao Yang District, Beijing, the PRC at 9:00 a.m. on Tuesday, 27 August 2019. As at the date of the EGM, the total number of issued Shares of the Company was 3,367,020,000 Shares. Holders of such Shares were entitled to attend and vote on the resolutions proposed at the EGM. 22 Shareholders (including proxies thereof) attended the EGM, holding 1,329,213,030 Shares, representing 39.477432% of the total issued share capital of the Company, among which 1,236,828,234 Shares were A Shares, representing 36.733617% of the total issued Shares of the Company, and 92,384,796 Shares were H Shares, representing 2.743815% of the total issued Shares of the Company. Mr. LI Wei-Dong, the director and general manager of the Company, acted as the chairman of the EGM.

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

		Number of Shares voted and
		percentage (%) of the total issued
		Shares carrying voting rights held
		by Shareholders present, in person
		and by proxies, at the EGM
	Special Resolutions
	For	Against	Abstain
1.	To consider and approve the "Amendments	1,328,793,730	402,000	17,300
	to the Articles of Association" of the	(99.968455%)	(0.030243%)	(0.001302%)
	Company.
2.	To consider and approve "The resolution	1,323,549,669	5,646,061	17,300
	on the proposed amendments to 'resolution	(99.573931%)	(0.424767%)	(0.001302%)
	on authorisation in relation to provision
	of guarantee of the Company'" of the
	Company.

Note: The full text of the above special resolutions was set out in the EGM Notice.

The above special resolutions were passed by more than two-thirds of the voting rights held by the Shareholders present, in person or by proxies, at the EGM being cast in favour of the above special resolutions.

There was no Share entitling the holder thereof to attend the EGM and abstain from voting in favour of the proposed special resolutions as set out in Rule 13.40 of the Listing Rules or abstain from voting as required under the Listing Rules.

Hong Kong Registrars Limited was appointed as the scrutineer for the poll voting process at the EGM.

The process of the EGM was witnessed by ZHANG Jing and LI Zhuoying, the lawyers of Beijing Da Cheng Law Offices, who presented a legal opinion concluding that the procedures for convening and holding the EGM, the eligibility of the persons attending the EGM, the matters considered, the method of voting and the voting procedures were in compliance with the relevant laws, rules and regulations, and the Articles of Association.

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ARTICLES OF ASSOCIATION

The Company confirms that there is no conflict between the Articles of Association of the Company as amended by the above "Amendments to the Articles of Association" and the provisions of the Listing Rules, and it will not affect the Company's compliance with its obligations under the Listing Rules. The Company will comply with the Articles of Association and the Listing Rules in effect from time to time if any repurchase of H shares is to be conducted.

By order of the Board

BEIJING NORTH STAR COMPANY LIMITED

GUO Chuan

Executive Director and Company Secretary

Beijing, PRC, 27 August 2019

As at the date of this announcement, the Board comprises nine directors, of whom six are executive directors, namely, Mr. HE Jiang-Chuan, Mr. LI Wei-Dong, Ms. LI Yun, Mr. CHEN De-Qi, Ms. ZHANG Wen-Lei and Mr. GUO Chuan and three are independent non-executive directors, namely, Mr. FU Yiu-Man, Mr. DONG An-Sheng and Mr. WU Ge.

Should there be any differences between the Chinese and English versions of this announcement, the Chinese version shall prevail.

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