Ching Lee : POLL RESULTS OF ANNUAL GENERAL MEETING HELD ON 28 JUNE 2017

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Ching Lee Holdings Limited

正 利 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 8318)

POLL RESULTS OF ANNUAL GENERAL MEETING HELD ON 28 JUNE 2017

Poll Results of Annual General Meeting (the ''AGM'')

The board of directors (the ''Board'') of Ching Lee Holdings Limited (the ''Company'') is pleased to announce that the AGM was held at 9:30 a.m. on Wednesday, 28 June 2017 at Diamond Room 8, Basement 1, Eaton, Hong Kong, 380 Nathan Road, Kowloon, Hong Kong and the proposed resolutions set out in the notice of the AGM dated 26 May 2017 was duly passed by way of poll as ordinary resolutions at the AGM.

As at the date of the AGM, there were 1,000,000,000 Shares of HK$0.01 each in issue, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions proposed at the AGM. The shareholders of the Company and authorised proxies holding an aggregate of 645,022,300 shares carrying voting rights voted at the AGM. 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 17.47A of The Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the ''GEM Listing Rules'') and there were no Shares requiring the holders to abstain from voting at the AGM under the GEM Listing Rules.

The poll results are as follows:

As Ordinary Resolutions		Number of votes cast (percentage of total number of votes cast, %)
		For	Against
1.	To receive, consider and adopt the audited consolidated financial statements, the report of the directors and the independent auditor's report of the Company for the year ended 31 March 2017.	645,022,300 (100.00%)	0 (0.00%)
2.	(a) (i) To re-elect Mr. Ng Choi Wah as an executive director of the Company.	645,022,300 (100.00%)	0 (0.00%)
	(ii) To re-elect Mr. Lui Yiu Wing as an executive director of the Company.	645,022,300 (100.00%)	0 (0.00%)
	(iii) To re-elect Dr. Wai Wing Hong Onyx as an independent non-executive director of the Company.	645,022,300 (100.00%)	0 (0.00%)
	(b) To authorise the board of directors of the Company to fix the remuneration of the director of the Company.	645,022,300 (100.00%)	0 (0.00%)
3.	To re-appoint BDO Limited as the auditor of the Company and to authorise the board of directors of the Company to fix their remuneration.	645,022,300 (100.00%)	0 (0.00%)
4.	To grant a general and unconditional mandate to the directors of the Company to allot, issue and deal with shares of the Company for an aggregate number not exceeding 20% of the number of the issued shares of the Company as at the date of the passing of this resolution.	645,022,300 (100.00%)	0 (0.00%)
5.	To grant a general and unconditional mandate to the directors of the Company to repurchase shares of the Company for a total number not exceeding 10% of the number of the issued shares of the Company as at the date of the passing of this resolution.	645,022,300 (100.00%)	0 (0.00%)
6.	To extend the general and unconditional mandate granted to the directors of the Company under resolution no. 4 above by an amount representing the number of the issued shares of the Company repurchased by the Company pursuant to the general mandate under resolution no. 5 above (up to a maximum number equivalent to 10% of the number of the issued shares of the Company as at the date of the passing of the said resolution no. 5).	645,022,300 (100.00%)	0 (0.00%)

As all of the votes were cast in favour of each of the resolutions, all the resolutions were duly passed as ordinary resolutions of the Company.

According to the requirements of the GEM Listing Rules, Tricor Investor Services Limited, the Company's share registrar, acted as the scrutineer in respect of vote-taking at the AGM.

By order of the Board

Ching Lee Holdings Limited Ng Choi Wah

Chairman

Hong Kong, 28 June 2017

As at the date of this announcement, the executive Directors are Mr. Ng Choi Wah, Mr. Lui Yiu Wing and Mr. Lam Ka Fai, and the independent non-executive Directors are Dr. Wai Wing Hong Onyx, Mr. Tong Hin Sum Paul and Mr. Chau Kam Wing Donald.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, (i) the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive; (ii) there are no other matters the omission of which would make any statement herein or in this announcement misleading; and (iii) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the ''Latest Company Announcements'' page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the Company's website at www.chingleeholdings.com.