BEIJING, Dec. 20, 2016 /PRNewswire/ -- Lianluo Smart
Limited (Nasdaq: LLIT) ("Lianluo Smart" or the "Company"), a
professional intelligent smart products provider in China, today announced the results of its 2016
annual general meeting of shareholders. The meeting was held at
9:00 p.m. Eastern Standard Time, on
Monday December 19, 2016.
A total of 13,067,065 shares were represented in person or by
proxy at the Company's 2016 annual general meeting, representing a
quorum of approximately 75.48% of the Company's outstanding
shares. During the meeting, the shareholders of Lianluo Smart
approved all of the following matters submitted to them:
(i) The shareholders elected Ping
Chen to serve as a Class III member of the Board of
Directors, to serve a term expiring at the Annual Meeting of
Shareholders in 2019 or until his successor is duly elected and
qualified;
(ii) The shareholders ratified the appointment of HHC, CPA
as the Company's independent registered public accounting firm for
the fiscal year ending December 31,
2016; and
(iii) The shareholders approved the transaction of any
other business properly coming before the meeting.
About Lianluo Smart Limited
Lianluo Smart Limited is a professional intelligent smart
products provider, which develops, markets and sells medical
wearable devices, intelligent smart devices and ecosystem platform
in China. The medical wearable
devices sector's major products are wearable sleep respiratory
devices. It provides medical-grade detection and monitoring to OSA
(Obstructive Sleep Apnea) syndrome patients. The smart devices
sector is specialized in easy-using smart devices for sports,
social contact, entertainment, remote-control and family health
management. The smart ecosystem platform interconnects things and
things, things and human. Lianluo Smart is endeavoring to become a
leading provider of intelligent smart products both in domestic and
international markets. More information may be found at
http://www.dehaier.com.cn which we use now pending the
reservation of the new website.
Forward-looking Statements
This news release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, fulfillment of bids and contracts,
changes in technology, economic conditions, the impact of
competition and pricing, government regulation, and other risks
contained in reports filed by the company with the Securities and
Exchange Commission. All such forward-looking statements, whether
written or oral, and whether made by or on behalf of the company,
are expressly qualified by the cautionary statements and any other
cautionary statements which may accompany the forward-looking
statements. In addition, the company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
For more information, please contact:
Lianluo Smart Limited
Mary Li
+86 10-5166-0080 ext. 211
investor@lianluosmart.com
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SOURCE Lianluo Smart Limited