Tsun Yip Holdings Limited — Proxy Solicitation & Information Statement 2011

Dec 19, 2011

TSUN YIP HOLDINGS LIMITED

進 業 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 8356)

PROXY FORM

Form of proxy for use by the shareholders of Tsun Yip Holdings Limited (進業控股有限公司) (the “Company”) at the extraordinary general meeting (the “Meeting”) to be convened at 10:00 a.m. on Monday, 16 January 2012 at Room 3, United Conference Centre Limited, 10/F, United Centre, 95 Queensway, Hong Kong (or any adjournment thereof).

I/We[(Note][a)] of ,

being the registered holder(s) of the Company (the ‘‘Shares’’ and each, a ‘‘Share’’) hereby appoint of

(Note b) share(s) of HK$0.001 each in the share capital of

to act as my/our proxy[(Note][c)] at the Meeting to be held at 10:00 a.m. on Monday, 16 January 2012 at Room 3, United Conference Centre Limited, 10/F, United Centre, 95 Queensway, Hong Kong and at any adjournment thereof and to vote on my/our behalf as directed below.

Please tick (‘‘✓’’) in the appropriate boxes to indicate how you wish your vote(s) to be cast[(Note][d)] .

SPECIAL RESOLUTION FOR AGAINST Subject to and conditional upon the relevant approval of the Registrar of Companies in the Cayman Islands being obtained, the name of the Company be changed from ‘‘Tsun Yip Holdings Limited 進業控股有限公司’’ to ‘‘CNC Holdings Limited 中國新華電視控股有限公 司’’, and that any one or more of the directors of the Company be and is/are hereby authorised to do all such acts, deeds and things and execute all such documents and make all such arrangements as he/she/they consider in his/her/their absolute discretion necessary or expedient to give effect to the aforesaid change of name of the Company.

Date this day of

Shareholder’s signature x x[(Notes][e,][f,][g][and][h)]

Notes:

• a. Full name(s) and address(es) are to be inserted in BLOCK CAPITALS. The names of all joint holders should be stated.

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

• c. A proxy need not be a member of the Company. Please insert the name and address of the proxy desired in the space provided. A member of the Company who is the holder of two or more shares may appoint more than one proxy to attend and vote on his/her behalf at the Meeting provided that if more than one proxy is so appointed, the appointment shall specify the number of shares in respect of which each such proxy is so appointed. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.

• d. If you wish to vote for the resolution set out above, please tick (‘‘✓’’) the box marked ‘‘For’’. If you wish to vote against the resolution, please tick (‘‘✓’’) the box marked ‘‘Against’’. If this form returned is duly signed but without specific direction on the proposed resolution, the proxy will vote or abstain at his/her discretion in respect of the resolution. A proxy will also be entitled to vote at his/her discretion on any resolution properly put to the Meeting other than that set out in the notice convening the Meeting. On a poll every member of the Company present in person (in the case of a member being a corporation, by its duly authorised representative) or by proxy shall have one vote for every fully paid share of which he/she is the holder. A person entitled to more than one vote on a poll need not use all his/her votes or cast all the votes he/she uses in the same way.

• 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 the senior joint holder whose name stands first on the register of members of the Company 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 of the Company, or his/her 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. Completion and delivery of this form of proxy will not preclude you from attending and voting at the Meeting if you so wish.

• 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 Company’s branch share registrar in Hong Kong, Tricor Investor Services 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.