KEYNE LTD — Declaration of Voting Results & Voting Rights Announcements 2021

Jun 4, 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.

PUXING ENERGY LIMITED 普星能量有限公司

(Incorporated in Cayman Islands with limited liability)

(Stock Code: 90)

POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 4 JUNE 2021

References are made to the circular (the “ Circular ”) together with the notice convening the AGM (the “ Notice ”) of Puxing Energy Limited (the “ Company ”) both dated 5 May 2021. Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as those defined in the Circular.

At the AGM of the Company held on 4 June 2021, all the proposed resolutions as set out in the Notice were duly passed by the Shareholders by way of poll and the poll results are set out as follows:

		Number of Shares voted	Number of Shares voted
	Ordinary Resolutions	(approximate percentage)
		For	Against
1.	To consider and adopt the audited consolidated	335,231,282	275
	financial statements for the year ended 31 December	(100.00%)	(0.00%)
	2020 together with the reports of the Directors
	and the independent auditor (the “Auditor”) of the
	Company thereon.
2.	To declare a final dividend of HK$0.10 per share for	335,231,282	275
	the year ended 31 December 2020.	(100.00%)	(0.00%)
3.	(a)(i)To re-elect Mr. Wei Junyong as an	335,231,281	276
	executive Director;	(100.00%)	(0.00%)
	(a)(ii)To re-elect Mr. Xu Anliang as an	335,231,281	276
	executive Director; and	(100.00%)	(0.00%)
	(a)(iii)To re-elect Mr. Tse Chi Man as an	335,231,282	275
	independent non-executive Director.	(100.00%)	(0.00%)
	(b)To authorise the Board to fix their	335,231,282	275
	remuneration.	(100.00%)	(0.00%)

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		Number of Shares voted	Number of Shares voted
	Ordinary Resolutions	(approximate percentage)
		For	Against
4.	To re-appoint KPMG as the Auditor and to authorise	335,231,282	275
	the Board to fix their remuneration.	(100.00%)	(0.00%)
5.	To grant a general mandate to the Directors to	335,125,280	106,277
	allot, issue and otherwise deal with the Shares not	(99.97%)	(0.03%)
	exceeding 20% of the aggregate number of Shares in
	issue, on the terms as set out in resolution no. 5 in
	the notice of AGM.
6.	To grant a general mandate to the Directors to	335,231,281	276
	repurchase the Shares not exceeding 10% of the	(100.00%)	(0.00%)
	aggregate number of Shares in issue, on the terms as
	set out in resolution no. 6 in the notice of AGM.
7.	To extend the general mandate granted to the	335,125,080	106,477
	Directors to issue, allot and deal with the Shares	(99.97%)	(0.03%)
	pursuant to resolution no. 5 by adding the aggregate
	number of Shares repurchased pursuant to the
	foregoing resolution no. 6, if passed.

As at the date of the AGM, the total number of issued Shares in the Company was 458,600,000, which was the total number of Shares entitling the holders thereof to attend and vote for or against the resolutions proposed at the AGM. There were no restrictions on any Shareholders to cast votes on any of the proposed resolutions at the AGM and no Shareholders was required under the Listing Rules to abstain from voting on the proposed resolutions.

As more than 50% of the votes were cast in favour of each of the above ordinary resolutions numbered 1 to 7, all such resolutions were duly passed as ordinary resolutions.

The share registrar of the Company, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer to monitor the vote taking at the AGM.

By Order of the Board Puxing Energy Limited XU Anliang Chairman

Hong Kong, 4 June 2021

As at the date of this announcement, the Board comprises five Directors, of whom two are executive Directors, namely Mr. Xu Anliang and Mr. Wei Junyong; and three are independent non-executive Directors, namely Mr. Tse Chi Man, Mr. Yao Xianguo and Mr. Yu Wayne W.

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