Shengli Oil & Gas Pipe : POLL RESULTS FOR THE EXTRAORDINARY GENERAL MEETING HELD ON 16 OCTOBER 2019

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SHENGLI OIL & GAS PIPE HOLDINGS LIMITED

勝 利 油 氣 管 道 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1080)

POLL RESULTS FOR THE EXTRAORDINARY GENERAL MEETING

HELD ON 16 OCTOBER 2019

Reference is made to the circular of Shengli Oil & Gas Pipe Holdings Limited (the ''Company'') dated 25 September 2019 (the ''Circular'') and notice of the extraordinary general meeting of the Company (the ''EGM''). Terms used herein shall have the same meanings as defined in the Circular, unless the context requires otherwise.

The Board is pleased to announce that at the EGM held on 16 October 2019, the proposed resolution as set out in the notice of the EGM (the ''Resolution'') were duly passed by the Shareholders by way of poll. The Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer at the EGM for the purpose of vote-taking.

As at the date of the EGM, the number of issued Shares was 3,274,365,600, which was the total number of Shares entitling the holders to attend and vote for or against the Resolution. There were no Shares entitling the Shareholders to attend and vote only against the Resolution. No Shareholder was required under the Listing Rules to abstain from voting at the EGM and no Shareholder has stated his/her/its intention in the Circular to vote against or to abstain from voting on the Resolution.

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The poll results in respect of the Resolution is as follows:

	Numbers of votes cast
Ordinary resolution proposed at the EGM	and approximate percentage
of total number of votes cast
	For	Against
The conditional sale and purchase agreement dated 15 August 2019	1,644,616,341	12,427,500
(the ''Agreement'') entered into between Shenzhen Zhongcheng	99.250020%	0.749980%
NEEQ Investment Corporation LLP* (深圳中城新三板投資企業（有
限合夥）) (''Shenzhen Zhongcheng'') and Zhejiang Shengguan
Industries Company Limited* (浙江勝管實業有限公司) (''Zhejiang
Shengguan'') in respect of the disposal of the 45% equity interests
in Shanghai Guoxin Industrial Co., Ltd* (上海國心實業有限公司),
being all of the equity interests held by Zhejiang Shengguan, to
Shenzhen Zhongcheng, a copy of which has been produced to the
meeting and contained in the document marked ''A'' for the
purpose of identification, and the transactions contemplated under
the Agreement, be and are hereby approved, ratified and
confirmed; and the directors of the Company be and are hereby
authorized for and on behalf of the Company to sign, execute,
perfect and deliver all such other documents and deeds, and do all
such acts, matters and things as they may in their discretion
consider necessary to carry the Agreement into effect.

Further details of the Resolution is set out in the Circular and the notice of the EGM.

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

By order of the Board

Shengli Oil & Gas Pipe Holdings Limited

Zhang Bizhuang

Executive Director and Chief Executive Officer

Zibo, Shandong, 16 October 2019

As at the date of this announcement, the Directors of the Company are:

Executive Directors: Mr. Zhang Bizhuang, Mr. Jiang Yong,

Mr. Wang Kunxian, Ms. Han Aizhi and Mr. Song Xichen

Non-executive Director:

Mr. Wei Jun

Independent non-executive Mr. Chen Junzhu, Mr. Wu Geng and Mr. Qiao Jianmin Directors:

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