China New Consumption Group Limited — Proxy Solicitation & Information Statement 2022

Sep 2, 2022

STATE INNOVATION HOLDINGS LIMITED 國科控股有限公司

(Formerly known as “BEAVER GROUP (HOLDING) COMPANY LIMITED ”) 永勤集團(控股)有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8275)

FORM OF PROXY FOR THE EXTRAORDINARY GENERAL MEETING TO BE HELD ON 23 SEPTEMBER 2022 (OR AT ANY ADJOURNMENT THEREOF)

I/We, [(note][1)] of

,

being the registered holder(s) of [(note][2)] ordinary share(s) of HK$0.5 each in the capital of State Innovation Holdings Limited (the “ Company ”) hereby appoint the chairman of the extraordinary general meeting of the Company, or [(note][3)] of

as my/our proxy to attend and vote for me/us and on my/our behalf at the extraordinary general meeting of the Company (the “ EGM ”) to be held at Units 1203B, 1204–1205, 12/F, World-Wide House, 19 Des Voeux Road Central, Central, Hong Kong, on 23 September 2022 at 11:00 a.m. and at any adjournment thereof for the purpose of considering and, if thought fit, passing the ordinary resolutions as set out in the notice convening the EGM as indicated below or if no such indication is given, as my/our proxy thinks fit and in respect of any other business that may properly come before the EGM and/or at any adjournment thereof:

		FORM OF PROXY FOR THE EXTRAORDINARY GENERAL MEETING TO BEHELD ON 23 SEPTEMBER 2022 (OR AT ANY ADJOURNMENT THEREOF)	FORM OF PROXY FOR THE EXTRAORDINARY GENERAL MEETING TO BEHELD ON 23 SEPTEMBER 2022 (OR AT ANY ADJOURNMENT THEREOF)	FORM OF PROXY FOR THE EXTRAORDINARY GENERAL MEETING TO BEHELD ON 23 SEPTEMBER 2022 (OR AT ANY ADJOURNMENT THEREOF)
		e 1),
		registered holder(s) of (note 2) share(s) of HK$0.5 each in the capital of State Innovation Holdings Limited (the “Company”) hereby appoint the chairman of the extraordinaryeeting of the Company, or (note 3)
		r proxy to attend and vote for me/us and on my/our behalf at the extraordinary general meeting of the Company (the “EGM”) to be held at Units204–1205, 12/F, World-Wide House, 19 Des Voeux Road Central, Central, Hong Kong, on 23 September 2022 at 11:00 a.m. and at anyent thereof for the purpose of considering and, if thought fit, passing the ordinary resolutions as set out in the notice convening the EGM as below or if no such indication is given, as my/our proxy thinks fit and in respect of any other business that may properly come before the EGM any adjournment thereof:
			ORDINARY RESOLUTIONS (note 5)FOR	(note 5)AGAINST (note 5)
	1.Ta	o n	approve the issue of the Convertible Bond (I) (as defined in the circular) and the allotmentd issue of the Conversion Shares (I) under the Specific Mandate.
	2.Tisu	o sn	approve the Placing Agreement and the transaction contemplated thereunder, including theue of the Convertible Bond (II) and the allotment and issue of the Conversion Shares (II)der the Specific Mandate.
	3.To		approve the Increase in Authorised Share Capital (as defined in the circular).
			day of 2022Signature (note 6):

1. Where there are joint holders of any share any one of such joint holders may vote, either in person or by proxy, in respect of such share as if he were solely entitled thereto, but if more than one of such joint holders be present at the EGM the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holders, and for this purpose seniority shall be determined by the order in which the names stand in the register of members of the Company in respect of the joint holding.

2. The notice of the EGM is set out in the Company’s circular dated 2 September 2022.

PERSONAL INFORMATION COLLECTION STATEMENT

Your supply of your and your proxy’s (or proxies’) name(s) and address(es) is on a voluntary basis for the purpose of processing your request for the appointment of a proxy (or proxies) and your voting instructions for the EGM of the Company (the “ Purposes ”). We may transfer your and your proxy’s (or proxies’) name(s) and address(es) to our agent, contractor, or third party service provider who provides administrative, computer and other services to us for use in connection with the Purposes and to such parties who are authorised by law to request the information or are otherwise relevant for the Purposes and need to receive the information. Your and your proxy’s (or proxies’) name(s) and address(es) will be retained for such period as may be necessary to fulfill the Purposes. Request for access to and/or correction of the relevant personal data can be made in accordance with the provisions of the Personal Date (Privacy) Ordinance and any such request should be in writing by mail to the Company/Tricor Investor Services Limited at the above address.