Binhai Investment : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 14 MAY 2021

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(Incorporated in Bermuda with limited liability)

(Stock Code: 2886)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 14 MAY 2021

The Board is pleased to announce that all the resolutions proposed at the AGM were duly passed by the Shareholders by way of poll.

Reference is made to the circular of Binhai Investment Company Limited (the "Company") dated 7 April 2021 (the "Circular") setting out, inter alia, the notice of annual general meeting dated 7 April 2021. Capitalized terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

The Board is pleased to announce that all the resolutions proposed at the AGM held on 14 May 2021 were duly passed by the Shareholders by way of poll.

The poll results in respect of all the resolutions proposed at the AGM are as follows:

	Resolutions proposed at the AGM	Number of Votes (%)
	For	Against
1.	To receive and consider the audited consolidated financial	955,873,892	0
	statements for the year ended 31 December 2020 and the	(100%)	(0%)
	report of the directors and the independent auditor's report
	thereon.
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.

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	Resolutions proposed at the AGM	Number of Votes (%)
	For	Against
2.	To approve a final dividend for the year ended 31	955,873,892	0
	December 2020.	(100%)	(0%)
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.
3(A).	(a) To re-elect Mr. Gao Liang as executive Director.	955,873,892	0
		(100%)	(0%)
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.
	(b) To re-elect Mr. Yu Ke Xiang as non-executive	955,873,892	0
	Director.	(100%)	(0%)
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.
	(c) To re-elect Mr. Ip Shing Hing, J.P. as independent	955,873,892	0
	non-executive Director.	(100%)	(0%)
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.
3(B).	To authorize the Board to fix the remuneration of	955,873,892	0
	Directors.	(100%)	(0%)
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.
4.	To re-appoint PricewaterhouseCoopers as auditor of the	955,873,892	0
	Company for the ensuing year and to authorize the Board	(100%)	(0%)
	to fix the remuneration of auditor.
	As more than 50% of the votes were cast in favour of this resolution, the resolution was
	duly passed.

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	Resolutions proposed at the AGM	Number of Votes (%)
	For	Against
5.	(A) To grant a general mandate to the Directors to allot	955,873,892	0
	and issue new Shares (Ordinary Resolution No. 5(A)	(100%)	(0%)
	of the notice of the AGM).

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as ordinary resolution.

(B) To grant a general mandate to the Directors to	955,873,892	0
repurchase Shares (Ordinary Resolution No. 5(B) of	(100%)	(0%)
the notice of the AGM).

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as ordinary resolution.

(C) To extend the general mandate granted to the	955,873,892	0
Directors to issue new Shares (Ordinary Resolution	(100%)	(0%)
No. 5(C) of the notice of the AGM).

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as ordinary resolution.

(D) To approve an increase in the authorized share	955,873,892	0
capital of the Company from HK$750,000,000 to	(100%)	(0%)
HK$828,000,000 by the creation of an additional
780,000,000 ordinary shares of HK$0.10 each of
the Company (Ordinary Resolution No. 5(D) of the
notice of the AGM).

As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as ordinary resolution.

As at the date of the AGM, there are a total of 1,352,025,133 issued and fully paid up Shares. In relation to all resolutions proposed at the AGM, the total number of Shares entitling the holders to attend and vote on the above resolutions at the AGM was 1,352,025,133 Shares.

No Shareholder was required to attend and abstain from voting in favour of any of the resolutions at the AGM. No Shareholder was required under the Listing Rules to abstain from voting on any of the resolutions at the AGM, or has stated his/her/its intention in the Circular to vote against or to abstain from voting on the relevant resolution(s) at the AGM.

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Hong Kong Registrars Limited, the branch share registrar of the Company in Hong Kong, acted as scrutineer for the poll at the AGM.

Shareholders may refer to the Circular for details of the above resolutions nos. 5(A) to 5(D) passed at the AGM. The Circular may be viewed and downloaded from the Company's website at www.binhaiinv.com or the designated website of the Stock Exchange.

By order of the Board

BINHAI INVESTMENT COMPANY LIMITED

GAO Liang

Executive Director

Hong Kong, 14 May 2021

As at the date of this announcement, the Board comprises three executive Directors, namely, Mr. Wang Zhiyong, Mr. Zuo Zhi Min and Mr. Gao Liang, three non-executive Directors, namely, Mr. Wang Gang, Mr. Shen Hong Liang and Mr. Yu Ke Xiang, and three independent non-executive Directors, namely, Mr. Ip Shing Hing, J.P., Mr. Lau Siu Ki, Kevin and Professor Japhet Sebastian Law.

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