Jilin Province Chuncheng Heating : POLL RESULTS OF EXTRAORDINARY GENERAL MEETING HELD ON 24 FEBRUARY 2021

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Jilin Province Chuncheng Heating Company Limited*

Λ؍޲݆۬ᆠɢٰ΅Ϟࠢʮ̡

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

(Stock code: 1853)

POLL RESULTS OF EXTRAORDINARY GENERAL MEETING

HELD ON 24 FEBRUARY 2021

References are made to the notice of the extraordinary general meeting (the "EGM") and the circular (the "Circular") of Jilin Province Chuncheng Heating Company Limited* (the "Company") both dated 15 January 2021. Unless otherwise defined in this announcement, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

POLL RESULTS OF THE EGM

The Board is pleased to announce that the EGM was held on Wednesday, 24 February 2021 at 9:00 a.m. at the Conference Room, 907, Chuncheng Heating, No. 998 Nanhu Road, Nanguan District, Changchun City, Jilin Province, the PRC.

As at the date of the EGM, the total number of Shares entitling the holders to attend the EGM and vote on any resolution proposed at the meeting was 466,700,000 Shares, comprising 350,000,000 Domestic Shares and 116,700,000 H Shares. No Shareholder was required to abstain from voting on any of the resolutions at the EGM. There were no restrictions on any Shareholders to cast votes on any of the resolutions at the EGM, and there were no Shares entitling the holders to attend the EGM and vote only against the resolutions proposed at the meeting.

Shareholders holding a total of 350,715,000 Shares, representing approximately 75.15% of the total share capital of the Company as at the date of the EGM, attended the EGM. The EGM was legally and validly convened in compliance with the requirements of the relevant PRC laws and regulations, the Listing Rules and the Articles of Association. The EGM was chaired by Mr. Liu Changchun, the chairman of the Board. The voting at the EGM was taken by way of poll. The poll results in respect of the resolutions proposed at the EGM were as follows:

Ordinary Resolutions	Number of votes (Approximate percentage)
For	Against	Abstain
1.	To consider and approve the Proposed Change of Accounting Standard by the Company such that all the financial statements of the Company, together with the results of the Company for the year ending 31 December 2020 and the financial periods thereafter, shall be prepared under the China Accounting Standards for Business Enterprises.	350,715,000 (100%)	0 (0%)	0 (0%)
2.	To consider and approve the appointment of Da Hua Certified Public Accountants (Special General Partnership) as the Company's external auditors for the year 2020 and to authorize the Board of the Company to determine its remuneration.	350,715,000 (100%)	0 (0%)	0 (0%)
Special Resolution
3.	To consider and approve the Proposed Amendments to the Articles of Association of the Company and to authorize the Board and any executive Director of the Company to deal with the industrial and business registration and filing procedures in relation to the Proposed Amendments to the Articles of Association.	350,610,000 (99.97%)	105,000 (0.03%)	0 (0%)

Note: Please refer to the Circular for the full text of the resolutions.

As the above ordinary resolutions were approved by a majority of more than half of the votes cast and the above special resolution was approved by a majority of more than two-thirds of the votes case, all resolutions were duly passed. Computershare Hong Kong Investor Services Limited, the Company's H Share registrar, acted as the scrutineer in respect of the voting at the EGM.

By order of the Board

Jilin Province Chuncheng Heating Company Limited*

LIU Changchun

Chairman

Jilin, the PRC, 24 February 2021

As at the date of this announcement, the non-executive Director is Mr. Liu Changchun (Chairman); the executive Directors are Mr. Yang Zhongshi, Mr. Shi Mingjun, Mr. Xu Chungang and Mr. Li Yeji; and the independent non-executive Directors are Mr. Wang Yuguo, Mr. Fu Yachen and Mr. Poon Pok Man.

*

For identification purpose only