Stock code: 600416 Stock abbreviation: XEMC No.: 2007 Lin-012
Xiangtan Electric Co., Ltd
Announcement on the Resolution of the First Extraordinary General Meeting of Shareholders in 2007
The Company and all members of the Board of Directors guarantee that the contents of the announcement are true, accurate and complete, and they are jointly and severally liable for the false records, misleading statements or major omissions of the announcement.
Important tips:
*There is no rejection or modification of the proposal at this meeting;
*There are no new proposals submitted for voting at this meeting.
1、 Convening and attendance of the meeting
The 2007 Annual General Meeting of Shareholders of Xiangtan Electric Co., Ltd. was held at 9:00 a.m. on June 13, 2007 in the conference room of Xiangtan Xiangdian Hotel. Nine shareholders and their authorized representatives attended the meeting, representing 120921817 shares in total, accounting for 51.46% of the total voting shares of the company. Directors, supervisors and some senior executives of the Company attended the meeting. The meeting was held in accordance with the provisions of the Company Law, the Articles of Association and the Rules of Procedure of the General Meeting of Shareholders of Xiangtan Electric Machinery Co., Ltd. The meeting was presided over by Mr. Zhou Jianxiong, the chairman of the company.
2、 Proposal review
The meeting deliberated and adopted the following proposals by open ballot:
1. The Proposal on the Establishment of Xiangdian Heavy Mining Vehicle Company (tentative name) with the Assets of the Vehicle Business Department was reviewed and passed
27852292 consent votes, accounting for 100% of the total number of effective voting shares attending the meeting; There were 0 dissenting votes and 0 abstention votes.
Among them, the related shareholder Xiangtan Motor Group Co., Ltd. evaded voting, and the number of shares with voting rights represented by it was not included in the total number of valid votes.
2. The Proposal on Transferring the Equity of Xiangdian Pump Casting Co., Ltd. was reviewed and passed
27852292 consent votes, accounting for 100% of the total number of effective voting shares attending the meeting; There were 0 dissenting votes and 0 abstention votes.
Among them, the related shareholder Xiangtan Motor Group Co., Ltd. evaded voting, and the number of shares with voting rights represented by it was not included in the total number of valid votes.
3、 Witness of lawyers
The Extraordinary General Meeting of Shareholders was witnessed by Mr. Dai Changjiu and Mr. Wang Zhangguo, lawyers of Beijing Changjiu Law Firm, and issued a legal opinion. They believed that the convening procedure of the General Meeting of Shareholders, the qualification of shareholders or shareholders' representatives attending the meeting, and the voting procedure were in accordance with the provisions of the Company Law, the Articles of Association and other relevant normative documents, The resolution formed at this meeting is legal and effective.
4、 Documents for future reference
1. Resolutions of the first extraordinary general meeting of shareholders in 2007 signed by the directors attending the meeting;
2. Legal opinion of lawyer.
It is hereby announced.
Board of Directors of Xiangtan Electric Co., Ltd
June 14, 2007
