China Vanguard You Champion : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 24 JANUARY 2018

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POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 24 JANUARY 2018

Reference is made to the circular and the supplemental circular of China Vanguard You Champion Holdings Limited (the "Company") dated 5 December 2017 and 8 January 2018 respectively (the "Circular") and the notice of the extraordinary general meeting and the supplemental notice of the extraordinary general meeting of the Company (the "EGM") dated 5 December 2017 and 8 January 2018 respectively (the "Notice"). Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Circular.

POLL RESULTS OF THE EGM

The Board is pleased to announce that at the EGM of the Company held on Wednesday, 24 January 2018, the ordinary resolutions (the "Resolutions") as set out in the Notice were duly passed by the Independent Shareholders by way of poll.

The poll results in respect of the Resolution proposed are as follows:

ORDINARY RESOLUTIONS			Number of Votes (%)
			For	Against
1.	To grant a general mandate to the directors to issue, allot and otherwise deal with the shares of the Company		1,565,125,856 (87.08%)	232,137,530 (12.92%)
2.	To add the total number of the shares repurchased by the Company to the mandate granted to the directors under resolution no. 1		1,565,125,856 (87.08%)	232,137,530 (12.92%)
3.	a.	To re-elect Mr. TO Yan Ming Edmond as an independent non-executive Director	1,402,365,856 (85.80%)	232,137,530 (14.20%)
b.	To re-elect Dr. LIU Ta-pei as an independent non-executive Director	1,402,365,856 (85.80%)	232,137,530 (14.20%)

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

Sky Base Partners CPA Limited, the auditors of the Company, was appointed as the scrutineer at the EGM for the purpose of vote-taking.

As at the date of the EGM, the total issued Share capital of the Company was 3,290,855,068 Shares, which was the total number of Shares entitling the holders to attend and vote for or against the resolution at the EGM. No Shareholder was required to attend and abstain from voting in favour of the Proposed Resolutions at the EGM as set out in the GEM Listing Rules and there was no other Shareholder that was required to abstain from voting at the EGM under the GEM Listing Rules. There were no Shares of the Company entitling Shareholders to attend and vote only against any of the Proposed Resolutions at the EGM.

By Order of the Board

CHINA VANGUARD YOU CHAMPION

HOLDINGS LIMITED 眾彩羽翔股份有限公司*

CHAN Ting

Executive Director and Chief Executive Officer

Hong Kong, 24 January 2018

As at the date of this announcement, the Board of the Company comprises Madam CHEUNG Kwai Lan, Mr. CHAN Ting as Executive Directors, Mr. CHAN Tung Mei as Non-executive Director and Mr. TO Yan Ming Edmond , Mr. YANG Qing Cai and Dr. LIU Ta-pei as Independent Non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page of the GEM website atwww.hkgem.comfor a minimum period of 7 days from the date of its posting and on the website of the Company atwww.cvg.com.hk.

* For identification purposes only