Sinopharm Tech Holdings Limited — Proxy Solicitation & Information Statement 2006

Nov 20, 2006

(incorporated in the Cayman Islands with limited liability) (Stock Code: 8156)

PROXY FORM

Form of proxy for use by shareholders at the extraordinary general meeting (the “Meeting”) of China Vanguard Group Limited to be convened at 30th Floor, Sunshine Plaza, 353 Lockhart Road, Hong Kong at 10:30 a.m. on Thursday, 7 December 2006

I/We (note a)

being the holder(s) of

of

(note b) shares of

HK$0.01 each of China Vanguard Group Limited (the “ Company ”) hereby appoint the Chairman of the Meeting

or

of

to act as my/our proxy (note c) at the Meeting of the Company to be held at 30/F., Sunshine Plaza, 353 Lockhart Road, Hong Kong at 10:30 a.m. on Thursday, 7 December 2006 and at any adjournment thereof and to vote on my/our behalf as directed below.

Please make a mark in the appropriate boxes to indicate how you wish your vote(s) to be cast on a poll (note d) .

	FOR	FOR	FOR	AGAINST	AGAINST	AGAINST
To approve, confirm and ratify the bond purchase agreement dated 7 November
2006 and the transactions contemplated thereunder, including the deemed
disposal of the interest in Aptus Holdings Limited held by the Company and the
matters set out in the notice of the Meeting attached to the circular of the
Company dated 20 November 2006
Dated the day of 2006
Shareholder’s signature (notes e, f, g and h)

Shareholder’s signature

Notes:

• (a) Full name(s) and address(es) are to be inserted in BLOCK CAPITALS.

• (b) Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all of the shares in the capital of the Company registered in your name(s).

• (c) A proxy need not be a member of the Company. If you wish to appoint some person other than the Chairman of the Meeting as your proxy, please delete the words “the Chairman of the Meeting or” and insert the name and address of the person appointed proxy in the space provided.

• (d) If you wish to vote for any of the resolution(s) set out above, please tick (“�”) the boxes marked “For”. If you wish to vote against any resolution(s), please tick (“�”) the boxes marked “Against”. If this form returned is duly signed but without specific direction on any of the proposed resolutions, the proxy will vote or abstain at his/her discretion in respect of all resolutions; or if in respect of a particular proposed resolution there is no specific direction, the proxy will, in relation to that particular proposed resolution, vote or abstain at his/her discretion. A proxy will also be entitled to vote at his/her discretion on any resolution properly put to the Meeting other than those set out in the notice convening the Meeting.

• (e) In the case of a joint holding, this form of proxy may be signed by any joint holder, but if more than one joint holders are present at the Meeting, whether in person or by proxy, that one of the joint holders whose name stands first on the register of members in respect of the relevant joint holding shall alone be entitled to vote in respect thereof.

• (f) The form of proxy must be signed by a shareholder, or his attorney duly authorised in writing, or if the shareholder is a corporation, either under its common seal or under the hand of an officer or attorney so authorised.

• (g) To be valid, this form of proxy together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited at the offices of the Company’s branch share registrar and transfer office in Hong Kong, Standard Registrars Limited, at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not later than 48 hours before the time of the Meeting or any adjourned meeting.

• (h) Any alteration made to this form should be initialled by the person who signs the form.

* For identification purpose only