On the afternoon of April 18, Guangbo Stock held 2015 shareholders’ meeting, which was hosted by Dai Guoping, president of Guangbo Stock.
Altogether 14 shareholders and shareholder representatives attended this shareholders’ meeting, 9 of them were at the spot and the other 5 participating in the network voting. Shareholders of this meeting didn’t have the case like entrusting independent directors to vote. The voting method adopted by the meeting was the combination of on-site voting and network voting. Lawyers Wang Gaoping and Deng Yin from Shanghai Yingming Firm attended this meeting and issued “legal opinion”.
The meeting examined and adopted“2015 the board working report”, “2015 work report of the board of supervisors”, “2015 annual financial report”, “2015 annual profit distribution plan”, “2015 full text and summary of annual report”, “bill on applying to the Banks for comprehensive line of credit in 2016”, “bill on providing guarantee security for subsidiary”, “bill on 2016 daily related transactions”, “bill on renewed public accounting firm”, “bill on authorizing company director payment in 2016”, “bill on authorizing company supervisor payment in 2016” these 11 bills.
This shareholder’s meeting’s convening routine, personnel qualification, qualification of the convener and voting procedure of the meeting all accorded with the regulation of company law, rules of the general meeting of shareholders and the articles of the company. The vote of this shareholders' meeting is legal and valid.
