First Shanghai Investments : FORM OF PROXY FOR ANNUAL GENERAL MEETING

FORM OF PROXY FOR ANNUAL GENERAL MEETING

(OR ANY ADJOURNMENT THEREOF)

I/We1 of

being the registered holder(s) of2shares in the capital of First Shanghai Investments Limited

(the "Company") HEREBY APPOINT3 the Chairman of the meeting or of

as my/our proxy to attend the said meeting of the Company to be held at 29th Floor, International Medical Centre, 22 Des Voeux Road Central, Hong Kong on Friday, 28th May, 2021 at 3:00 p.m. for the purpose of considering and, if thought fit, passing the resolutions as set out in the notice convening the said meeting and at such meeting (or at any adjournment thereof) to vote for me/us in my/our name(s) in respect of the said resolutions as hereunder indicated, and, if no such indication is given, as my/our proxy thinks fit.

				ORDINARY RESOLUTION			FOR4	AGAINST4
1.	To receive and consider the audited financial statements and the reports of the
	directors and independent auditor for the year ended 31st December, 2020.
2.	(i)	To elect Mr. Xin Shulin as an executive director.
	(ii)	To elect Ms. Lao Yuanyuan as an executive director.
	(iii)	To elect Mr. Zhou Xiaohe as an independent non-executive director.
	(iv)	To authorise the board of directors to fix the remuneration of the directors.
3.	To appoint auditor and to authorise the board of directors to fix their remuneration.
4.	A.	To grant a general and unconditional mandate to the directors to issue shares
			of the Company.
	B.	To grant a general and unconditional mandate to the directors to repurchase
			shares of the Company.
	C.	To include the aggregate number of the shares repurchased by the Company
			to the mandate granted to the directors under resolution no. 4A.
Dated this			day of		, 2021	Signature(s)5

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2. 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 the shares in the capital of the Company registered in your name(s).
3. If any proxy other than the Chairman of the meeting is preferred, delete the words "the Chairman of the meeting or" and insert the name and address of the proxy desired in the space provided. A member may appoint more than one proxy to attend and vote in his stead. A proxy need not be a member of the Company but must attend the meeting in person to represent you. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, TICK IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK IN THE BOX MARKED "AGAINST". Failure to tick a box will entitle your proxy to cast your vote at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the meeting other than those referred to in the notice convening the meeting.
5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must either be executed under its common seal or under the hand of an officer or attorney or other person duly authorised.
6. To be valid, this form of proxy, together with the 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 registered office of the Company at Room 1903, Wing On House, 71 Des Voeux Road Central, Hong Kong or the office of the Company's share registrars, Computershare Hong Kong Investor Services Limited at Room 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Hong Kong, NOT LESS THAN 48 HOURS before the time appointed for holding the said meeting.
7. Where there are joint registered holders of any share, any one of such persons may vote at the meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto, but if more than one of such joint holders is present at the meeting, personally or by proxy, that one of the said persons so present whose name stands first on the register in respect of such share shall alone be entitled to vote in respect thereof.