First Shanghai Investments : ANNOUNCEMENT OF POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

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FIRST SHANGHAI INVESTMENTS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 227)

ANNOUNCEMENT OF POLL RESULTS OF

THE EXTRAORDINARY GENERAL MEETING

Reference is made to the notice of extraordinary general meeting (the "Notice of EGM") and the circular (the "Circular") issued by First Shanghai Investments Limited (the "Company") both dated 23 September 2019 in relation to the Disposal pursuant to the Agreement. Unless otherwise specified, terms used in this announcement shall have the meanings as those defined in the Circular.

The Board is pleased to announce that the proposed ordinary resolution approving the Disposal as set out in the Notice of EGM (the "Resolution") was passed by the Shareholders at the EGM held on 15 October 2019 by way of poll.

POLL RESULT OF THE EGM

As at 15 October 2019, being the date of the EGM, the number of total issued Shares of the Company was 1,418,973,012 Shares, which was the total number of shares entitling the holders to attend and vote for or against the Resolution at the EGM. There were no restrictions on any shareholders to cast votes on the proposed Resolution at the EGM, and none of the Shareholders is required under the Listing Rules, or has stated any intention, to abstain from voting.

The Resolution, which was voted on by poll, was approved by the Shareholders as an ordinary resolution of the Company. The poll result is set out as follows:

	Number of votes (%)	Total
Ordinary resolution proposed at the EGM			number of
For	Against
	votes
(a) the execution, delivery and performance of	562,522,167	32,000	562,554,167
the sale and purchase agreement dated 26	Shares	Shares	Shares
August 2019 entered into, among others,	(99.99%)	(0.01%)	(100.00%)
Leader Capital Investments Limited and 上
海 張 江 （ 集 團 ） 有 限 公 司 (Shanghai

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Zhangjiang (Group) Company Limited) (the "Agreement") (a copy of the Agreement has been produced to the meeting and marked "A" and initiated by the chairman of the meeting for identification purposes) and the transactions contemplated thereunder be and are hereby approved, ratified and confirmed; and

1. any one director of the Company be and is hereby authorised to sign, agree, ratify, perfect, execute or deliver (including under seal where applicable) such documents and to do or authorise doing all such acts and things incidental to the Agreement and the transactions contemplated thereunder as he may in his absolute discretion consider necessary, desirable or expedient and in the best interests of the Company in connection with the implementation of, giving effect to or completion of the Agreement and the transactions contemplated thereunder.

Computershare Hong Kong Investor Services Limited, the Hong Kong branch registrar of the Company, acted as the scrutineer for the vote-taking at the EGM.

By order of the Board

First Shanghai Investments Limited

YEUNG Wai Kin

Company Secretary

Hong Kong, 15 October 2019

As at the date of this announcement, the Board comprises three executive directors, being Mr. LO Yuen Yat, Mr. XIN Shulin and Mr. YEUNG Wai Kin, one non-executive director, Mr. KWOK Lam Kwong, Larry, S.B.S., J.P., and four independent non-executive directors, being Prof. WOO Chia-Wei, Mr. LIU Ji, Mr. YU Qihao and Mr. ZHOU Xiaohe.

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