Zhuguang : POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 21 NOVEMBER 2019

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ZHUGUANG HOLDINGS GROUP COMPANY LIMITED

珠 光 控 股 集 團 有 限 公 司 *

(incorporated in Bermuda with limited liability)

(Stock Code: 1176)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 21 NOVEMBER 2019

The Board is pleased to announce that the Resolution was duly passed by the Shareholders by way of poll at the SGM held on 21 November 2019.

Reference is made to the circular ("Circular") and the notice of the SGM ("Notice") of Zhuguang Holdings Group Company Limited ("Company"), both dated 5 November 2019. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the ordinary resolution as set out in the Notice ("Resolution") was duly passed by the Shareholders by way of poll at the SGM held on 21 November 2019.

As at the date of the SGM, there were a total of 7,194,417,247 Shares in issue. To the best of the Directors' knowledge, information and belief having made all reasonable enquiries, none of the Shareholders was required to abstain from voting on the Resolution at the SGM in accordance with the Listing Rules. As such, there were a total of 7,194,417,247 Shares, representing 100% of the total issued Shares as at the date of the SGM, entitling holders thereof to attend and vote on the Resolution at the SGM. None of the Shareholders was entitled to attend and abstain from voting in favour of the Resolution at the SGM according to Rule 13.40 of the Listing Rules. None of the Shareholders has stated his/her/its intention in the Circular to vote against the Resolution or to abstain from voting on the Resolution at the SGM.

• For identification purpose only

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Full text of the Resolution is set out in the Notice. The poll results of the Resolution are as follows:

Ordinary Resolution	Number of Votes (%)
For	Against
To authorise the Directors to create and issue the	4,599,188,801	6,506,000
Warrants, to approve the Warrant Instrument, to authorise	(99.86%)	(0.14%)
the Directors to allot and issue the Warrant Shares and
to take all such actions as they consider necessary,
appropriate, desirable or expedient for the purposes of
giving effect to or in connection with the Note Purchase
Agreement and all the transactions contemplated
thereunder.

As more than 50% of the votes were cast in favour of the Resolution, the Resolution was duly passed by the Shareholders as an ordinary resolution of the Company.

The Company's branch share registrar in Hong Kong, Tricor Abacus Limited, was appointed as the scrutineer for the vote-taking at the SGM.

On behalf of the Board

Zhuguang Holdings Group Company Limited

Chu Hing Tsung

Chairman

Hong Kong, 21 November 2019

As at the date of this announcement, the Board comprises (i) six executive Directors, namely Mr. Chu Hing Tsung (alias Mr. Zhu Qing Yi) (Chairman), Mr. Liu Jie (Chief Executive Officer), Mr. Liao Tengjia (Deputy Chairman), Mr. Huang Jiajue (Deputy Chairman), Mr. Chu Muk Chi (alias Mr. Zhu La Yi) and Ms. Ye Lixia; and (ii) three independent non-executive Directors, namely Mr. Leung Wo Ping JP, Mr. Wong Chi Keung and Dr. Feng Ke.

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