Cheerwin Group Limited — Declaration of Voting Results & Voting Rights Announcements 2021

Jul 23, 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.

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Cheerwin Group Limited 朝雲集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6601)

POLL RESULTS OF EXTRAORDINARY GENERAL MEETING HELD ON JULY 23, 2021

Reference is made to the circular of Cheerwin Group Limited (the “ Company ”) dated July 8, 2021 in relation to the proposed adoption of the share option scheme (the “ Circular ”). Terms used herein shall have the same meanings as defined in the Circular, unless the context requires otherwise.

The Board of the Company is pleased to announce that at the extraordinary general meeting (the “ EGM ”) of the Company held on Friday, July 23, 2021, the proposed resolution as set out in the notice of the EGM was duly passed by way of poll. The poll results are as follows:

notice of the EGM was duly passed by way of poll. The poll	results are as follows:	results are as follows:
Ordinary Resolution	Number of votes (%)
	For	Against
To approve the adoption of the share option scheme and to authorize the directors of the Company to grant options thereunder and to allot and issue shares pursuant to exercise of options. *	1,064,462,887 (90.509204%)	111,619,586 (9.490796%)

• The full text of the resolution is set out in the notice of EGM dated July 8, 2021.

As a majority of the votes were cast in favor of the ordinary resolution, such resolution was duly passed by way of poll at the EGM.

As at the date of the EGM, the total number of issued Shares was 1,333,333,500, which was the total number of Shares entitling the holders to attend and vote for or against the resolution proposed at the EGM. There was no restriction on any Shareholder casting votes on the proposed resolution at the EGM. There was no Share entitling the Shareholders to attend and vote only against the proposed resolution at the EGM as set out in rule 13.40 of the Listing Rules.

No Shareholder of the Company was required under the Listing Rules to abstain from voting on the ordinary resolution at the EGM. No party has stated its intention in the Circular that it would vote against the proposed resolution or that it would abstain from voting at the EGM.

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The Hong Kong share registrar of the Company, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer at the EGM for the purpose of vote-taking.

By order of the Board Cheerwin Group Limited Chen Danxia Executive Director, Chairman and Chief Executive Officer

Hong Kong, July 23, 2021

As at the date of this announcement, the Board comprises Ms. Chen Danxia, Mr. Xie Rusong and Mr. Zhong Xuyi as executive Directors; Mr. Chen Zexing as non-executive Director; and Dr. De-Chao Michael Yu, Mr. Guo Sheng and Mr. Chan Wan Tsun Adrian Alan as independent non-executive Directors.

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