POLL RESULTS OF THE GENERAL MEETING HELD ON 3 NOVEMBER 2021

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.

POLL RESULTS OF THE GENERAL MEETING

HELD ON 3 NOVEMBER 2021

The Board is pleased to announce that the resolution set out in the Notice was duly passed by the Shareholders (who are entitled to vote and not required to abstain from voting under the Listing Rules) by way of poll at the GM held on 3 November 2021.

Reference is made to the Notice of General Meeting (the "Notice") and the circular (the "Circular") each dated 18 October 2021 issued by Shoucheng Holdings Limited (the "Company") to the shareholders of the Company (the "Shareholders"). Capitalized terms used herein shall have the same meanings as those defined in the Circular unless defined otherwise.

POLL RESULTS OF THE GM

The Board is pleased to announce that the poll results in respect of the resolution proposed at the general meeting held on 3 November 2021 (the "GM") are as follows:

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				Ordinary Resolution			Number of Votes (%)
						For	Against
1.		To	approve and adopt the Plan (as defined in the		4,421,607,235	108,347,309
		Circular) and to authorize the directors of the Company		(97.61%)	(2.39%)
		(the "Directors") to do all such acts and to enter into
		all such transactions, arrangements and agreements as
		may be necessary or expedient in order to give full
		effect to the Plan, including without limitation to:
		(i)	to administer or authorize any person(s) as
			deemed appropriate at the sole discretion of the
			board of Directors to administer the Plan under
			which share options will be granted to the
			person(s) eligible under the Plan ("Selected
			Employee(s)", as defined in the Plan) to
			purchase shares of the Company pursuant to the
			Plan, including but not limited to determining
			and granting the share options and
			implementing the Plan in accordance with the
			terms of the Plan;
		(ii)	to consent, if it so deems fit and expedient, to
			such	conditions,	modifications	and/or
			variations as the Directors think fit or as may be
			required or imposed by the relevant authorities
			in relation to the Plan; and
		(iii)	to act on the relevant matters as the Directors in
			their sole discretion consider necessary or
			expedient in order to give full effect to the Plan.
		The resolution was duly passed.
Note:	The full text of the above resolution was set out in the Notice.

As at the date of the GM, the total number of issued Shares was 7,291,017,194 Shares.

As at the date of the GM, Mr. Zhao Tianyang, Mr. Li Wei and Ms. Zhang Meng (each being a proposed grantee under the Initial Grant and a Shareholder), holding an aggregate of 2,084,000 Shares, representing approximately 0.0286% of the total number of issued Shares, were materially interested in the resolution put forward at the GM and had abstained from voting on such resolution at the GM. Accordingly, the total number of Shares held by the Shareholders entitled to attend and vote on the resolution as set out in the Notice at the GM was 7,288,933,194.

There were no Shares entitling the holders to attend and abstain from voting in favour of the resolution at the GM as set out in Rule 13.40 of the Listing Rules. Save as disclosed above, there were no Shares requiring the holders to abstain from voting at the GM under the Listing Rules and no parties had indicated in the Circular that they intended to vote against or to abstain from voting on the resolution at the GM.

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Tricor Tengis Limited, the share registrar of the Company, acted as the scrutineer for the purpose of vote-taking at the GM.

By order of the Board

Shoucheng Holdings Limited

Zhao Tianyang

Chairman

Hong Kong, 3 November 2021

As at the date of this announcement, the Board comprises Mr. Zhao Tianyang (Chairman), Mr. Xu Liang, Mr. Li Wei (President) and Ms. Zhang Meng as Executive Directors; Mr. Liu Jingwei, Mr. Ho Gilbert Chi Hang, Mr. Li Hao and Dr. Zhao Xianming as Non-executive Directors; Dr. Wang Xin, Mr. Choi Fan Keung Vic, Mr. Deng Yougao, Ms. Zhang Quanling and Ms. Zhuge Wenjing as Independent Non-executive Directors.

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