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DONGYUE GROUP LIMITED
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 189)
POLL RESULTS AT THE ANNUAL GENERAL MEETING
HELD ON 30 MAY 2019
At the Annual General Meeting of Dongyue Group Limited (the "Company") held on 30 May 2019 (the "AGM"), a poll was taken for voting on all the proposed resolutions as set out in the notice of the AGM dated 17 April 2019 (the "Notice"). The poll results in respect of all the resolutions proposed at the AGM are as follows:
Ordinary Resolutions | No. of Votes (%) | ||
For | Against | ||
1. | To receive, consider and adopt the audited consolidated | 1,139,771,962 | 0 |
financial statements of the Company and its subsidiaries and | (100%) | (0%) | |
the reports of the directors and auditors for the year ended 31 | |||
December 2018. | |||
2. | (A) To re-elect Mr. Zhang Zhefeng as an executive director | 1,106,711,754 | 35,323,208 |
of the Company. | (96.91%) | (3.09%) | |
(B) To re-elect Mr. Zhang Bishu as an executive director of | 1,102,911,497 | 39,123,465 | |
the Company. | (96.57%) | (3.43%) | |
(C) To re-elect Mr. Yue Rundong as an independent non- | 1,131,621,889 | 10,413,073 | |
executive director of the Company. | (99.09%) | (0.91%) | |
3. | To authorize the board of directors of the Company to fix the | 1,139,728,162 | 2,000 |
directors' remuneration. | (99.99%) | (0.01%) | |
4. | To re-appoint Elite Partners CPA Limited as auditors of the | 1,122,732,782 | 19,302,180 |
Company and to authorize the board of directors of the | (98.31%) | (1.69%) | |
Company to fix their remuneration. | |||
5. | To declare a final dividend for the year ended 31 December | 1,142,039,962 | 0 |
2018. | (100%) | (0%) | |
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Ordinary Resolutions | No. of Votes (%) | |||
For | Against | |||
6. | (A) | To grant general mandate to the Directors to issue new | 932,613,603 | 207,115,559 |
shares of the Company. (Ordinary resolution 6A of the | (81.83%) | (18.17%) | ||
Notice) | ||||
(B) | To grant general mandate to the Directors to repurchase | 1,139,730,162 | 0 | |
shares of the Company. (Ordinary resolution 6B of the | (100%) | (0%) | ||
Notice) | ||||
(C) | To extend the general mandate to issue new shares of the | 940,226,670 | 201,808,292 | |
Company by adding the number of the shares | (82.33%) | (17.67%) | ||
repurchased. (Ordinary resolution 6C of the Notice) | ||||
As more than 50% of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as ordinary resolutions by the shareholders of the Company at the AGM.
As at the date of the AGM, the total number of issued shares of the Company was 2,111,689,455 shares, which was the total number of shares entitling the holders to attend and vote for or against the resolutions at the AGM. There were no shares of the Company entitling the holders to attend and vote only against any of the proposed resolutions or abstain from voting at the AGM.
The Company's Hong Kong branch share registrar, Tricor Investor Services Limited, was appointed as the scrutineer for the vote-taking at the AGM.
By Order of the Board
Dongyue Group Limited
Zhang Jianhong
Chairman
Hong Kong, 30 May 2019
As at the date of this announcement, the Directors of the Company are Mr. Zhang Jianhong, Mr. Fu Kwan, Mr. Liu Chuanqi, Mr. Zhang Zhefeng, Mr. Zhang Bishu and Mr. Zhang Jian as executive Directors, and Mr. Ting Leung Huel, Stephen, Mr. Yang Xiaoyong and Mr. Yue Run Dong as independent non-executive Directors.
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