Last checked at 19 May 2021 08:55
19 May 2021
China Yangtze Power Co., Ltd.(a joint stock company established under the laws of the People's Republic of China with limited liability)
Announcement on the Addition of Proposals and Postponement of the 2020 Annual General Meeting
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.
The board of directors of China Yangtze Power Co., Ltd. (the "Company") hereby announces that:
I. Addition of Interim Proposals
1. Proposer: China Three Gorges Corporation
2. Explanation of the proposal procedure:
The Company has published the Notice of General Meeting on 30 April 2021. China Three Gorges Corporation, the Company's largest substantial shareholder, severally or jointly holding approximately 55.72% of the Company's total issued shares, submitted the written interim proposal to the convener of the general meeting on 18 May 2021. In accordance with the relevant regulations of the Rules of Shareholders' General Meeting of Listed Companies, the convener of the general meeting publishes this announcement.
3. Details of the interim proposal
Resolution 11: Resolution on the election of a supervisor of the Company
At the recommendation of shareholders, the Company proposed to elect Mr. Zeng Yi as a supervisor of the Company for a term commencing on the date on which the resolution is considered and approved at the general meeting and ending upon the conclusion of the term of office of the Fifth Session of the Board of Supervisors.
Appendix: Biography of Mr. Zeng Yi
Zeng Yi, male, born in January 1970. He successively served as the deputy head and head of the division of finance, accounting and pricing of Dongfang Boiler (Group) Co., Ltd.（东方锅炉（集团）股份有限公司）, the deputy head of property and finance department of Dongfang Electric Corporation and the deputy head and head of finance department of Dongfang Electric Corporation Limited, the head of property and finance department of both Dongfang Electric Corporation and Dongfang Electric Corporation Limited, the head of audit department of both Dongfang Electric Corporation and Dongfang Electric Corporation Limited and the director and general manager of Dongfang Electric Finance Co., Ltd.. He is currently a party member and the chief accountant of China Three Gorges Corporation.
II. Reasons for the postponement of the 2020 Annual General Meeting
The company was originally scheduled to hold the 2020 Annual General Meeting on 26 May 2021. Due to the need for overall arrangement, it is planned to postpone the original meeting date to 31 May 2021 (Monday), and the equity registration date and meeting place will remain unchanged.
The postponement of the 2020 Annual General Meeting complies with the relevant laws and regulations and the Articles of Association.
III. Save for the aforesaid additional interim proposal, other matters set out in the Notice of General Meeting dated 30 April 2021 remain unchanged.