On the afternoon of May 17, 2018, the 2017 annual shareholders’
meeting of CAERI was successfully held in Chongqing.The meeting was convened by
the company's board of directors and presided over by its chairman, Li Kaiguo.Shareholders
and shareholders' representatives, directors, supervisors, senior management
and witnessing lawyers attended the meeting.A total of 38 shareholders and
shareholders' representatives attended the meeting on site and online,
including 6 shareholders attending the meeting on site and 32 shareholders
voting online.The voting shares held by the shareholders and shareholders’representatives
attending the meeting accounted for 75.26% of the company's total equity.
17 proposals were examined and adopted on the meeting, including
the company’s “2017 Annual Report”and its summary, “2017 Annual Directors’
Report”, “2017 Annual Financial Statements and 2018 Financial Budget Report”,
distribution of profits, daily related transactions expectation, guarantees
provided for subsidiaries and modification of the “Rules of Procedure of Shareholders'
This shareholders' meeting was witnessed by Chen Shuai, lawyer
of Beijing Jia Yuan Law Offices, on site. He issued the “Legal Opinions” and
believed that: The convening and convening procedures of the 2017 annual
shareholders' meeting of the company conform to the provisions of the Company Law, Articles of Association and other normative documents; qualification
of the persons attending shareholders' meeting of the company is legal and
valid; and, voting procedures of this shareholders' meeting of the company
conform to provisions of the Company Law, Articles of Association and other
normative documents, and voting resultsare legal and valid.
meeting, Li Kaiguo (chairman of the board of the company), Wan Xinming (general
manager), Liu Anmin (secretary of board of directors) and other leaders of the
company exchanged opinions with shareholders and investors attending the
meeting on development strategy, state of operation, state-owned enterprise
reform, industrial development and other issues of the company.