Huali University : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 15 SEPTEMBER 2020

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.

華立大学集團有限公司

Huali University Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1756)

POLL RESULTS OF

THE EXTRAORDINARY GENERAL MEETING

HELD ON 15 SEPTEMBER 2020

Reference is made to the circular (the "EGM Circular") and the notice of extraordinary general meeting (the "Notice of EGM") of Huali University Group Limited (the "Company"), both dated 28 August 2020. Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the EGM Circular and the Notice of EGM.

POLL RESULTS OF THE EGM

The Board is pleased to announce that at the EGM held on 15 September 2020, the proposed resolution set out in the Notice of EGM was duly passed by the Shareholders by way of poll.

As at the date of the EGM, the total number of issued Shares was 1,200,000,000 Shares. As disclosed in the EGM Circular, Mr. Zhang and his associates, in aggregate holding 900,000,000 Shares, were required to abstain from voting on the resolution proposed at the EGM. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote for or against the proposed resolution at the EGM was 300,000,000 Shares. Save as disclosed above, no other Shareholder was required to abstain from voting at the EGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favor of the resolution proposed at the EGM under the Listing Rules. None of the Shareholders has indicated in the EGM Circular that they intended to vote against or to abstain from voting on the resolution proposed at the EGM.

1

The Company's share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer for the purpose of vote-taking at the EGM. The poll results taken at the EGM in respect of the proposed resolution are as follows:

Ordinary Resolutions			Number of Votes (%)
		For	Against
(a) the entering into of the framework agreement	17,389,000	0
dated 17 July 2020 between	the Company	(100%)	(0%)
and Guangzhou	Huali Construction	Co.,
Ltd.* ( 廣東華立建築有限公司 ) ("Huali
Construction") (the "Construction Services
Framework Agreement"), pursuant to which
Huali Construction and/or its subsidiaries
have agreed to provide construction services
for the school campuses of the Company and
its subsidiaries in the People's Republic of
China (including the existing campuses and
the proposed new campuses) for the period
commencing on the date falling upon the
passing of this resolution until 31 August
2023 (a copy of the Construction Services
Framework Agreement marked "A" has
been produced to the EGM and signed by
the chairman of the EGM for the purpose of
identification), the transactions	contemplated
thereunder and	the proposed	annual	caps
be and are hereby approved, ratified and
confirmed

1. any director of the Company be and is hereby authorised to execute the Construction Services Framework Agreement and all such other documents and to do all such acts or things for and on behalf of the Company, and to make and agree to any variations of a minor or non-material nature in or to the terms of the Construction Services Framework Agreement as he/she may consider appropriate or desirable relating to or in connection with the matters contemplated therein

For details of the above-mentioned resolution, please refer to the EGM Circular.

2

As more than 50% of the votes were cast in favor of the above resolution, the above resolution was duly passed by the Shareholders as an ordinary resolution of the Company at the EGM. Accordingly, the condition precedent for the Construction Services Framework Agreement as disclosed in the section headed "Letter from the Board" in the EGM Circular has been fulfilled on the date of this announcement.

By the order of the Board

Huali University Group Limited

Zhang Zhifeng

Chairman

Hong Kong, 15 September 2020

As at the date of this announcement, the executive Directors are Mr. Zhang Zhifeng, Mr. Ye Yaming and Mr. Dong Xiaolin; the non-executive Director is Mr. Zhang Yude; and the independent non-executive Directors are Ms. Chiu Lai Kuen Susanna, M.H., J.P., Mr. Yang Ying and Mr. Ding Yi.

3