Changan Minsheng APLL Logistics : Notice of 2021 First Extraordinary General Meeting

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重慶長安民生物流股份有限公司

Changan Minsheng APLL Logistics Co., Ltd. *

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01292)

NOTICE OF 2021 FIRST EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the 2021 first extraordinary general meeting ("EGM") of Changan Minsheng APLL Logistics Co., Ltd. (the "Company") will be held at the Company's Conference Room, No.1881, Jinkai Road, Yubei District, Chongqing, the People's Republic of China, at 10:00 a.m. on 27 April 2021, to consider and approve (if thought fit) the following resolutions:

SPECIAL RESOLUTIONS

• 1. To consider and approve the Share Appreciation Rights Scheme (comprising the grant of the Share Appreciation Rights to Incentive Recipients) as revised and approved by the State-owned Assets Supervision and Administration Commission of the State Council of the PRC and to authorize the board of directors to determine the specific date(s) of the proposed grant and to authorize the board of directors to grant Share Appreciation Rights to Incentive Recipients pursuant to the Share Appreciation Rights Scheme. (note 7)

• 2. To consider and approve the amendments to the Articles of Association of the Company. (note 7)

By Order of the Board

Changan Minsheng APLL Logistics Co., Ltd.

Xie Shikang

Chairman

Chongqing, the PRC

12 March 2021

Notes:

(1)In order to determine the shareholders of H shares who will be entitled to attend the EGM, the Company will suspend registration of transfer of shares from 26 March 2021 to 27 April 2021, both days inclusive. In order to qualify to attend the EGM and to vote thereat, non-registered holders of H shares of the Company whose transfer documents have not been registered must deposit the transfer documents accompanied by relevant share certificates with the Company's H share registrar's transfer office in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong by no later than 4:30 p.m. on 25 March 2021. Holders of H shares whose names are recorded in the register of members of the Company on 27 April 2021 are entitled to attend and vote at the EGM.

• (2) Shareholders who intend to attend the EGM will have to return the completed reply slip to the Company's H share registrar Computershare Hong Kong Investor Services Limited at 17th Floor, Hopewell Centre, 183

  Queen's Road East, Wanchai, Hong Kong (in respect of H shares) or the office of the board of directors of the Company at No.1881, Jinkai Road, Yubei District, Chongqing, the PRC (postal code: 401122) (in respect of domestic Shares, including non-H foreign Shares, same hereinafter) on or before 7 April 2021. The reply slip may be delivered by post, telegram or facsimile (Fax No. for H shareholders is (852) 2865 0990 or Fax No. for domestic shareholders is (8623) 8918 2265).

• (3) A shareholder who has the right to attend and vote at the EGM is entitled to appoint a proxy or proxies (whether or not a member) in writing to attend and vote on his behalf. In the event more than one proxy is appointed, the instruments of appointment should indicate the class and member of Shares the proxies are representing.

  The instrument appointing a proxy must be made in writing under the hand of the appointor or his attorney duly notarized in writing. If the appointor is a legal person, the relevant instrument must bear the chop of the legal person, or submitted in person by a director or duly authorized person.

  The instrument of appointment must be delivered to the Company's H share registrar Computershare Hong Kong Investor Services Limited (in respect of H shares) or the office of the board of directors of the Company (in respect of domestic Shares, including non-H foreign Shares) 24 hours before the commencement of the EGM (i.e. before 10:00 a.m. on 26 April 2021).

• (4) Shareholders and their proxies should show their documents of identity when attending the EGM.

• (5) After the completion and delivery of the form of proxy, a shareholder may still attend and vote at the EGM.

• (6) Shareholders attending the EGM will be responsible for their own travelling and accommodation expenses.

• (7) Please refer to the circular of the Company to be despatched to shareholders on or before 12 April 2021 for details.

• (8) Time and dates in this notice are Hong Kong time and dates.

As at the date of this notice, the board of directors of the Company comprises: (1) Mr. Xie Shikang, Mr. Chen Wenbo, Mr. William K Villalon and Mr. Shi Jinggang as the executive directors; (2) Mr. Chen Xiaodong, Mr. Man Hin Wai Paul (also known as Paul Man) and Mr. Xia Lijun as the non-executive directors; (3) Mr. Chong Teck Sin, Mr. Poon Chiu Kwok, Mr. Jie Jing and Ms. Zhang Yun as the independent non-executive directors.

* For identification purpose only