Sincere Watch Hong Kong : POLL RESULTS OF ANNUAL GENERAL MEETING HELD ON 30 AUGUST 2019

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 444)

POLL RESULTS OF ANNUAL GENERAL MEETING

HELD ON 30 AUGUST 2019

Reference is made to the circular of Sincere Watch (Hong Kong) Limited (the "Company") dated 25 July 2019 (the "Circular"). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the proposed resolutions as set out in the AGM Notice dated 25 July 2019 were duly passed by the Shareholders by way of poll at the AGM held on 30 August 2019.

As at the date of the AGM, the total number of Shares in issue of the Company was 6,043,950,000 Shares, which was the total number of Shares entitling the holders to attend and vote for or against the proposed resolutions at the AGM. There were no restrictions on any Shareholders to cast votes on any of the proposed resolutions at the AGM.

Tricor Investor Services Limited, the Company's branch share registrar and transfer office in Hong Kong, was appointed as scrutineer for the vote-taking at the AGM. Set out below are the poll results of the respective resolutions put to vote at the AGM:

			Number of Shares voted
		Ordinary Resolutions	(%)
			For		Against
1.	To receive and adopt the audited consolidated financial	2,970,120,180		0
	statements and the reports of the directors and the	(100.00%)		(0.00%)
	independent auditor for the year ended 31 March 2019.
2.	(A) (a)	To re-elect Mr. Chu, Kingston Chun Ho as	2,969,260,180		860,000
		an executive director.	(99.97%)		(0.03%)
	(b)	To re-elect Mr. An Muzong as an executive	2,970,120,180		0
		director.	(100.00%)		(0.00%)
	(c)	To re-elect Ms. Lo Miu Sheung, Betty as an	2,969,260,180		860,000
		independent non-executive director.	(99.97%)		(0.03%)
	(B) To authorise the board of directors to fix the	2,970,120,180		0
	directors' remuneration.	(100.00%)		(0.00%)
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		Number of Shares voted
	Ordinary Resolutions	(%)
		For		Against
3.	To re-appoint BDO Limited as auditor and to authorise	2,970,120,180		0
	the board of directors to fix the auditor's remuneration.	(100.00%)		(0.00%)
4.	To grant a general mandate to the directors to	2,970,120,180		0
	repurchase Shares. *	(100.00%)		(0.00%)
5.	To grant a general mandate to the directors to allot and	2,957,380,180		12,740,000
	issue new Shares. *	(99.57%)		(0.43%)
6.	To extend the general mandate granted to the directors	2,957,380,180		12,740,000
	to issue Shares by adding the aggregate number of	(99.57%)		(0.43%)
	Shares repurchased by the Company. *

* The full text of resolution nos. 4 to 6 is set out in the AGM Notice dated 25 July 2019.

As more than 50% of the votes were cast in favour of each resolution, all the above resolutions were duly passed as ordinary resolutions of the Company.

By Order of the Board

Sincere Watch (Hong Kong) Limited

Chu Yuet Wah

Chairman

Hong Kong, 30 August 2019

As at the date of this announcement, the Executive Directors of the Company are Mrs. Chu Yuet Wah (Chairman), Mr. Zhang Xiaoliang (Deputy Chairman and Chief Executive Officer), Mr. Chu, Kingston Chun Ho, Mr. Yang Guangqiang and Mr. An Muzong; and the Independent Non-executive Directors of the Company are Ms. Lo Miu Sheung, Betty, Mr. Yu Zhenxin, Mr. Zong Hao and Mr. Chiu Sin Nang, Kenny.

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