TIDMCYPC
RNS Number : 5527A
China Yangtze Power Co. Ltd.
24 May 2023
China Yangtze Power Co., Ltd.
Announcement o n Resolutions of the 2022 Annual General Meeting
of Shareholders
The board of directors and all directors of China Yangtze
Power Co., Ltd. (the "Company") warrant that there are
no false representations and misleading statements contained
in, or material omissions from, this announcement, and
severally and jointly accept the responsibility for the
truthfulness, accuracy and completeness of the contents
of this announcement.
Important Notes:
l Whether there is veto of a proposal at this meeting: no
I. Convening and Attendance of the Meeting
i. Time: 23 May 2023
ii. Venue: Conference Room 4205, No. 88 Sanyang Road, Jiangan
District, Wuhan City, Hubei Province
iii. Common shareholders present at the meeting and preferred
shareholders with resumed voting rights and their holdings:
1. Number of shareholders and representatives
present at the meeting 324
2. Sum of shares with voting rights held
by the shareholders present at the meeting
(share) 18,193,063,508
---------------
3. Proportion of shares with voting rights
held by the shareholders present at the
meeting in all voting shares of the Company
(%) 74.3539
---------------
iv. Whether the voting method complies with the provisions of
the Company Law and the Articles of Association, and the presiding
situation of the General Meeting.
The convening and holding form and procedures of the General
Meeting comply with the relevant provisions of the Company Law,
Securities Law, Articles of Association of China Yangtze Power Co.,
Ltd., and the Procedural Rules for General Meetings of China
Yangtze Power Co., Ltd.; the resolutions of the meeting are lawful
and effective. Director Ma Zhenbo presided over the meeting.
v. Attendance of Directors, Supervisors and Secretary of the Board of Directors of the Company
1 There are 13 incumbent directors in the Company; 2 attended
the meeting (Ma zhenbo Director, Huang Delin Director ;
2 There are 7 incumbent supervisors in the Company; 1 attended
the meeting Huang Xun Supervisor ;
3 Zhang Xingliao, Director and General Manager of the Company,
Zhan Plain, Chief Financial Officer, Xue Ning, Secretary to the
Board of Directors and Pan Jing, General Counsel attended the
meeting.
II. Proposal Review
i. Non-cumulative voting proposal
1 Name of the proposal: 2022 Report on the work of the Board of
Directors
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,180,796,111 99.9326 5,932,414 0.0326 6,334,983 0.0348
--------------- ----------- ---------- ----------- ---------- -----------
2 Name of the proposal: 2022 Report on the work of the
Supervisory Board
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,180,583,311 99.9314 6,140,214 0.0338 6,339,983 0.0348
--------------- ----------- ---------- ----------- ---------- -----------
3 Name of the proposal: Profit distribution proposal for the
year 2022
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,186,010,580 99.9612 1,422,144 0.0078 5,630,784 0.0310
--------------- ----------- ---------- ----------- ---------- -----------
4 Name of the proposal: 2022 Annual Report
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,180,796,111 99.9326 3,798,601 0.0209 8,468,796 0.0465
--------------- ----------- ---------- ----------- ---------- -----------
5 Name of the proposal: Report on the 2022 financial accounts
and 2023 budget
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,179,920,811 99.9278 4,643,901 0.0255 8,498,796 0.0467
--------------- ----------- ---------- ----------- ---------- -----------
6 Name of the proposal: Proposal to engage an auditor for the
financial report for the year 2023
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ----------- ----------- ----------- -----------
A shares 18,121,694,375 99.6077 52,401,234 0.2880 18,967,899 0.1043
--------------- ----------- ----------- ----------- ----------- -----------
7 Name of the proposal: Proposal to engage an internal control
auditor for the year of 2023
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,178,985,179 99.9226 5,011,101 0.0275 9,067,228 0.0499
--------------- ----------- ---------- ----------- ---------- -----------
8 Name of the proposal: Proposal to make short-term fixed income
investments for the year of 2023
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ------------ ----------- ---------- -----------
A shares 17,942,075,397 98.6204 243,649,527 1.3392 7,338,584 0.0404
--------------- ----------- ------------ ----------- ---------- -----------
9 Name of the proposal: Proposal on the Company's guarantee plan
for the year of 2023
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ----------- ----------- ----------- -----------
A shares 18,116,033,545 99.5766 24,291,970 0.1335 52,737,993 0.2899
--------------- ----------- ----------- ----------- ----------- -----------
10 Name of the proposal: Proposal on the Company's Investment
Plan for the year of 2023
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ----------- ----------- ----------- -----------
A shares 18,114,688,454 99.5692 25,201,070 0.1385 53,173,984 0.2923
--------------- ----------- ----------- ----------- ----------- -----------
11 Name of the proposal: Proposal to amend the Company's Management System of Fund Raising
Voting result: Adopted
Voting:
Type of shareholder Agree Against Abstain from
voting
Number of Proportion Number Proportion Number Proportion
votes (%) of votes (%) of votes (%)
--------------- ----------- ---------- ----------- ---------- -----------
A shares 18,176,750,210 99.9103 9,509,922 0.0523 6,803,376 0.0374
--------------- ----------- ---------- ----------- ---------- -----------
ii. Result of cumulative voting proposal
1 Proposal on additional directors
Proposal Proposal Votes Proportion Whether elected
No. name of the votes or not
in the effective
voting rights
present at
the meeting
(%)
Candidate
for the Director-
12.01 Wang Hong 18,533,304,001 101.8702 Yes
------------------- --------------- ------------------ ----------------
Candidate
for the Director
12.02 - Teng Weiheng 16,801,245,467 92.3497 Yes
------------------- --------------- ------------------ ----------------
Proposal on additional Supervisors
Proposal Proposal Votes Proportion Whether elected
No. name of the votes or not
in the effective
voting rights
present at
the meeting
(%)
Candidate
for the Supervisor
13.01 - Xu Haiyun 17,649,367,330 97.0115 Yes
-------------------- --------------- ------------------ ----------------
iii. Voting of shareholders less than 5% when a major issue is involved
Proposal Proposal name Approval Objection Abstention
No.
Number Proportion Number Proportion Number Proportion
of votes (%) of votes (%) of votes (%)
---------------- ----------- ----------- ----------- ----------- -----------
Profit distribution
proposal for
3 the year 2022 4,962,914,193 99.8581 1,422,144 0.0286 5,630,784 0.1133
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
Proposal to
engage an
auditor for
the financial
report for
6 the year 2023 4,898,597,988 98.5640 52,401,234 1.0544 18,967,899 0.3816
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
Proposal to
engage an
internal control
auditor for
the year of
7 2023 4,955,888,792 99.7167 5,011,101 0.1008 9,067,228 0.1825
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
Proposal on
the Company's
guarantee
plan for the
9 year of 2023 4,892,937,158 98.4501 24,291,970 0.4888 52,737,993 1.0611
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
Candidate
for the Director-
12.01 Wang Hong 5,310,207,614 106.8459 0 0.0000 0 0.0000
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
Candidate
for the Director
12.02 - Teng Weiheng 3,578,149,080 71.9954 0 0.0000 0 0.0000
-------------------- -------------- ------------- ----------- ----------- ----------- -----------
iv. Relevant information of voting on the proposal
N/A
III. Lawyer Witness
1. The law firm for authentication of the General Meeting: Beijing DeHeng Law Offices
Lawyer: Wang Xi, Xue Jin
2. Conclusion and opinion by the witnessing lawyer:
The lawyers of the Deheng law firm believe that, the convening
and holding procedures of this meeting, the individuals present at
the meeting, the qualifications of the convener, the proposals and
voting procedures of this meeting, and the voting results comply
with the relevant laws and regulations and normative documents such
as the Company Law, Securities Law, and Rules for the General
Meeting, as well as the Articles of Association. The resolutions
passed at this meeting are legally valid.
The announcement is hereby given.
China Yangtze Power Co., Ltd Board of Directors
23 May 2023
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END
RAGKZGZKDDNGFZM
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