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.

TUNGTEX (HOLDINGS) COMPANY LIMITED

同 得 仕（ 集 團 ）有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00518)

POLL RESULTS OF THE 2020 ANNUAL GENERAL MEETING

HELD ON 26 AUGUST 2020

The board of directors of Tungtex (Holdings) Company Limited (the "Company") announces that at the 2020 annual general meeting of the Company held on 26 August 2020 (the "AGM"), all proposed resolutions set out in the notice of the AGM dated 24 July 2020 ("AGM Notice") were duly passed by the shareholders of the Company by way of poll.

The poll results taken at the AGM were as follows:

Number of Votes

ORDINARY RESOLUTIONS

(Approximate %)

For

Against

1.

To receive the audited consolidated financial statements of the

258,163,305

0

Company and its subsidiaries and the reports of the directors

(100%)

(0%)

and of the independent auditor for the year ended 31 March

2020.

2.

(a) To re-elect Mr. Martin Tung Hau Man as an executive

236,689,305

21,474,000

director.

(91.68%)

(8.32%)

(b) To re - elect Mr . Tony Chang Chung Kay as an

236,689,305

21,474,000

independent non-executive director.

(91.68%)

(8.32%)

(c) To re-elect Mr. Kenneth Yuen Ki Lok as an independent

236,689,305

21,474,000

non-executive director.

(91.68%)

(8.32%)

3.

To authorise the board of directors to fix the directors'

190,137,305

68,026,000

remuneration.

(73.65%)

(26.35%)

4.

To re-appoint D & PARTNERS CPA LIMITED as auditor and

258,163,305

0

to authorise the board of directors to fix their remuneration.

(100%)

(0%)

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Number of Votes

ORDINARY RESOLUTIONS

(Approximate %)

For

Against

5.

To grant a general mandate to the directors to buy back shares

258,163,305

0

not exceeding 10% of the total number of issued shares of the

(100%)

(0%)

Company (Note).

6.

To grant a general mandate to the directors to issue, allot and

190,137,305

68,026,000

deal with additional shares not exceeding 20% of the total

(73.65%)

(26.35%)

number of issued shares of the Company (Note).

7.

To extend the general mandate granted to the directors to

190,137,305

68,026,000

issue, allot and deal with additional shares by adding to it the

(73.65%)

(26.35%)

number of shares to be bought back by the Company (Note).

Note: The full text of Resolutions 5, 6 and 7 is set out in the AGM Notice.

As at the date of the AGM, the total number of issued shares of the Company was 451,067,557 shares, being the total number of shares entitling the holders thereof to attend and vote on all the resolutions at the AGM.

There were no restrictions on any shareholder to cast votes on any of the resolutions proposed at the AGM.

The Company's share registrar, Tricor Secretaries Limited, was appointed as the scrutineer for the vote-taking at the AGM.

For and on behalf of the Board

Tungtex (Holdings) Company Limited

Martin Tung Hau Man

Chairman

Hong Kong, 26 August 2020

As at the date of this announcement, the executive directors of the Company are Mr. Martin Tung Hau Man, Mr. Raymond Tung Wai Man and Mr. Billy Tung Chung Man; and the independent non-executive directors are Mr. Tony Chang Chung Kay, Mr. Robert Yau Ming Kim, Mr. Leslie Chang Shuk Chien and Mr. Kenneth Yuen Ki Lok.

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Tungtex (Holdings) Company Limited published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2020 11:26:03 UTC