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HENGXIN TECHNOLOGY LTD.
亨 鑫 科 技 有 限 公 司 *
(carrying on business in Hong Kong as HX Singapore Ltd.)
(incorporated in Singapore with limited liability)
(Stock Code: 1085)
POLL RESULTS OF THE ANNUAL GENERAL MEETING
HELD ON 27 APRIL 2018
The Board is pleased to announce that all the proposed resolutions set out in the notice convening the AGM were duly passed by way of poll at the AGM held on 27 April 2018.
POLL RESULTS OF THE ANNUAL GENERAL MEETING
The board (the ''Board'') of directors (the ''Director(s)'') of Hengxin Technology Ltd. (the ''Company'', together with its subsidiaries, collectively, the ''Group'') is pleased to announce the results of the poll conducted in respect of the resolutions proposed at the annual general meeting of the Company held on 27 April 2018 (the ''AGM'') as follows.
the audited financial statements of the Company and the Group for the year ended 31 December 2017 together with the auditors' report thereon.
To receive and adopt the report of the Directors and 129,920,700
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
* For identification purpose only
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
3. To re-elect Mr. Du Xiping as an executive Director
(Note 1).
129,920,700 0
(100%) (0%)As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
4. To re-elect Ms. Zhang Zhong as a non-executive 129,920,700 0
Director(Note 2).
(100%) (0%)
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
5. To re-elect Dr. Li Jun as an independent non-executive 129,918,700 2,000 Director(Note 3). (99.9985%) (0.0015%) As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
6. To approve the payment of Directors' fees of 129,918,700 2,000 HK$1,858,000 for the financial year ending 31 (99.9985%) (0.0015%) December 2018.
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
7. To re-appoint Messrs KPMG LLP as the auditors of 129,920,700 0
the Company and to authorise the Directors to fix their remuneration.
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(100%) (0%)
8. To give authority to the Directors to issue shares in the 129,920,700 0
capital of the Company pursuant to the Share Issue Mandate(Note 4).
(100%) (0%)
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
acquire issued shares in the capital of the Company pursuant to the Share Purchase Mandate(Note 4).
To give authority to the Directors to make purchases or 129,920,700
10. To give authority to the Directors to offer and grant 129,920,700 0
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
options and to allot and issue shares pursuant to the (100%) Hengxin Share Option Scheme(Note 4).
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
Notes:
(1) Mr. Du Xiping will, upon re-election, remain as an executive Director and a member of the nominating committee of the Company and he will be considered non-independent.
(2) Ms. Zhang Zhong will, upon re-election, remain as a non-executive Director and a member of the audit committee of the Company and she will be considered non-independent.
(3) Dr. Li Jun will, upon re-election, remain as an independent non-executive Director, a member of the audit committee, the chairman of the remuneration committee and a member of the nominating committee of the Company and he will be considered independent.
(4) For full text of the relevant resolution, please refer to the Company's circular dated 23 March 2018, which can be viewed at and downloaded from the websites of the Company (www.hengxin.com.sg) and Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk).
The total number of shares entitling the shareholders of the Company to attend and vote on the above resolutions was 388,000,000 shares, which is the total number of shares of the Company in issue as at the date of the AGM. There were no shares of the Company entitling the holders to attend and abstain from voting in favour as set out in rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'') and no shareholders of the Company were required under the Listing Rules to abstain from voting at the AGM. No parties have indicated in the circular of the Company dated 23 March 2018 containing the notice of AGM that they intend to vote against or to abstain from voting on any of the resolutions at the AGM.
The Company's Hong Kong branch share registrar, Tricor Investor Services Limited, acted as scrutineer for the vote-taking at the AGM.
By Order of the Board Hengxin Technology Ltd.
Cui Wei Chairman
Hong Kong, 27 April 2018
As at the date of this announcement, the executive Directors are Mr. Du Xiping and Mr. Xu Guoqiang; the non-executive Directors are Mr. Cui Wei and Ms. Zhang Zhong; and the independent non-executive Directors are Mr. Tam Chi Kwan Michael, Dr. Li Jun and Mr. Pu Hong.