Xiwang Special Steel : Form of proxy for use at the extraordinary general meeting (the "EGM") to be held on Friday, 19 March 2021 (or any adjournment thereof)

XIWANG SPECIAL STEEL COMPANY LIMITED

Гˮत፻Ϟࠢʮ̡

(incorporated in Hong Kong with limited liability)

(Stock code: 1266)

Form of proxy for use at the extraordinary general meeting (the ''EGM'')

to be held on Friday, 19 March 2021 (or any adjournment thereof)

I/We,(1)

of being the registered holder(s) of(2)

ordinary share(s) in the capital of Xiwang Special Steel Company Limited (the ''Company''), hereby appoint the Chairman of the EGM or(3)

of as my/our proxy to attend for me/us on my/our behalf at the EGM (or at any adjournment thereof) to be held at Boardroom 3-4, Mezzanine Floor, Renaissance Hong Kong Harbour View Hotel, No. 1 Harbour Road, Wanchai, Hong Kong at 2:30 p.m. on Friday, 19 March 2021, Hong Kong for the purpose of considering and, if thought fit, passing the following resolution(6) as set out in the notice convening the EGM and at the EGM (or at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the resolution as directed below or, if no such indication is given, as my/our proxy thinks fit.

ORDINARY RESOLUTION(6)

1. To approve, ratify and confirm (a) the entering into of the New Guarantee

Agreement by the Company and the transactions contemplated thereunder; (b) to approve the proposed Guarantee Annual Caps in relation to the New Guarantee Agreement; and (c) to authorise any one Director or any two Directors (or any one Director jointly with the company secretary), as the case may be, to execute documents and do all things to give effect to the same.

Dated
Notes:
1.	Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The names of all joint holders should be stated.
2.	Please insert the number of shares of the Company to which the proxy relates 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.	If any proxy other than the Chairman of the EGM is preferred, strike out the words ''the Chairman of the EGM, or'' and insert the name and address of the proxy desired in the
space provided. ANY ALTERATION MADE TO THIS FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4.	IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, TICK (✓) IN THE RELEVANT BOX UNDER THE COLUMN MARKED ''FOR''. IF YOU WISH TO
VOTE AGAINST A RESOLUTION, TICK (✓) IN THE RELEVANT BOX UNDER THE COLUMN MARKED ''AGAINST''. Failure to tick either box will entitle your
proxy to cast your vote at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution put to the EGM other than those referred to in the notice
convening the EGM.
5.	This form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be under its common seal or under the hand of an
officer or attorney duly authorized.
6.	The description of the resolutions is by way of summary only. The full text of the resolution is set out in the notice of the EGM contained in the circular of the Company dated
26 February 2021.
7.	Where there are joint registered holders of any share, any one of such persons may vote at the EGM, either personally or by proxy, in respect of such share as if he were solely
entitled thereto, but if more than one of such joint holders be present at the EGM personally or by proxy, the vote of the senior who tenders a vote shall be accepted to the
exclusion of the votes of the other joint holders, and seniority shall be determined by the order in which the holders stand in the register of members of the Company.
8.	To be valid, the form of proxy together with the power of attorney or other authority, if any, under which it is signed or a notarially certified copy of such power of attorney or
authority, must be deposited at Company's share registrar, Boardroom Share Registrars (HK) Limited at 2103B, 21/F, 148 Electric Road, North Point, Hong Kong not less than 48
hours (excluding any part of a day that is a public holiday) before the time appointed for the holding of the EGM or any adjournment thereof. Completion and return of the form
of proxy will not preclude a member of the Company from attending and voting in person at the EGM and, in such event, the instrument appointing a proxy shall be deemed to be
revoked.
9.	A shareholder of the Company entitled to attend and vote at the EGM is entitled to appoint more than one proxy to attend and vote instead of him/her. The proxy need not be a
member of the Company but must attend the EGM in person to represent you.
10.	Unless otherwise indicated, capitalised terms used herein shall have the same meaning as those defined in the circular of the Company dated 26 February 2021.
PERSONAL INFORMATION COLLECTION STATEMENT
1.	''Personal Data'' in these statements has the same meaning as ''personal data'' in the Personal Data (Privacy) Ordinance, Chapter 486 of the Laws of Hong Kong (the ''PDPO'').
2.	Your supply of the Personal Data to the Company is on a voluntary basis and is used for processing your instructions and/or requests as stated in this form of proxy.
3.	Your Personal Data will not be transferred to other third parties (other than the Share Registrar of the Company) unless it is a requirement to so do by law, for example, in
response to a court order or a law enforcement agency's request and will be retained for such period as may be necessary for our verification and record purposes.
4.	You have the right to request access to and/or correction of your Personal Data in accordance with the provisions of the PDPO. Any such request should be in writing addressed
to the Personal Data Privacy Officer of Boardroom Share Registrars (HK) Limited, Room 2103B, 21/F., 148 Electric Road, North Point, Hong Kong.

2021

Shareholder's signature(5)