Doyen International : Announcements and Notices - Voting Results of the Resolutions Proposed at the Extraordinary General Meeting

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(incorporated in Hong Kong with limited liability)

The Board is pleased to announce that the Resolutions proposed at the EGM were duly passed by way of poll.

Reference is made to the circular (the "Circular") of Doyen International Holdings Limited (the "Company") to the shareholders of the Company dated 29 December 2016. Terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

Pursuant to Rule 13.39(5) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), the board (the "Board") of directors (the "Directors") of the Company is pleased to announce that the following ordinary resolutions (the "Resolutions") were duly passed by the Independent Shareholders and Shareholders respectively by way of poll at the extraordinary general meeting (the "EGM") of the Company held on 17 January 2017:

As at the date of the EGM, the total number of shares of the Company in issue was 1,274,038,550 shares (the "Shares"). Mr. Lo and his associates, who were, in aggregate, interested in 785,373,018 Shares, representing approximately 61.64% of the total issued share capital of the Company as at the date of the EGM and 江蘇華西集團公司 (Jiangsu Huaxi Group Company*) and its subsidiaries, which were, in aggregate, interested in 120,000,000 Shares, representing approximately 9.42% of the total issued share capital of the Company as at the date of the EGM, had abstained from voting in relation to the Doyen Loan Agreement, the Baoxu Loan Agreement and the JV Loan Agreement at the EGM (the "Resolution 1"). Saved as aforesaid, there were no Shares entitling the Shareholders to attend and abstain from voting in favour as set out in Rule 13.40 of the Listing Rules and no Shareholders were required under

the Listing Rules to abstain from voting at the EGM. Accordingly, there were in aggregate 368,665,532 Shares entitling the holders of which to attend and vote for or against Resolution 1 at the EGM.

None of the Shareholders is required to abstain from voting on the ordinary resolution in relation to the re-election of Mr. Cho Chun Wai as an executive Director (the "Resolution 2"). Accordingly, there were in aggregate 1,274,038,550 Shares entitling the holders of which to attend and vote for or against the Resolution 2 at the EGM.

No Shareholder had stated his/her/its intention to the Circular to vote against the Resolutions.

The Company's branch share registrar, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer at the EGM for the vote-taking.

As more than 50% of the votes were cast in favour of each of the Resolutions, the Resolutions proposed at the EGM were duly passed as ordinary resolution of the Company.

By order of the Board

Company Secretary and Executive Director

Hong Kong, 17 January 2017

As at the date of this announcement, the Board comprises Mr. Lo Siu Yu (Chairman), Ms. Luo Shaoying (Vice Chairman) and Mr. Cho Chun Wai as executive Directors; Mr. Wang Xiaobo and Mr. Qin Hong as non-executive Directors; and Mr. Chan Ying Kay, Dr. Zhu Wenhui and Mr. Wang Jin Ling as independent non-executive Directors.

Note:

1. The full texts of the Resolutions appear in the notice of the EGM contained in the Circular.

* For identification purpose only