JIANGLING MOTORS CORPORATION, LTD. Share's name: | Jiangling Motors | Share's code: | 000550 | No.: | 2015-012 |
Jiangling B | 200550 |
Jiangling Motors Corporation, Ltd.
Public Announcement on the Resolutions of 2015 First Special Shareholders' MeetingThe Board of Directors and its members, the Supervisory Board and its members, and the senior executives undertake that the information disclosed herein is truthful, accurate and complete and does not contain false statements, misrepresentations or major omissions.
I. Important NoteNone of proposals was added, rejected and changed during the shareholders' meeting.
II. Convening Status of the Meeting1. Time: 1: 00 p.m., March 3, 2015
2. Place: the conference centre on the second floor of the Administration Building of Jiangling Motors Corporation, Ltd. (hereinafter referred to as 'JMC')
3. Convening method: vote on the spot as well as online voting.
4. Convener: Board of Directors of JMC
5. Meeting Chairman: Chairman Wang Xigao
6.The convening of the meeting complied with the stipulations of the Company Law, the Rules Governing the Listing of Stocks and the Articles of Association of JMC.
III. Attending Status of the Meeting
Type | Presence in Person | Online voting | Total | ||||||
Persons | Representing shares | Representing shares as % of the total share capital | Persons | Representing shares | Representing shares as % of the total share capital | Persons | Representing shares | Representing shares as % of the total share capital | |
A share | 2 | 378,982,425 | 43.90 | 1 | 2,884,780 | 0.33 | 3 | 381,867,205 | 44.24 |
B share | 2 | 304,777,809 | 35.31 | 0 | 0 | - | 2 | 304,777,809 | 35.31 |
Total | 4 | 683,760,234 | 79.21 | 1 | 2,884,780 | 0.33 | 5 | 686,645,014 | 79.55 |
including： minority shareholders | 2 | 53,355,840 | 6.18 | 1 | 2,884,780 | 0.33 | 3 | 56,240,620 | 6.52 |
1. N330 Programapproval
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 381,867,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 686,645,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
2. J20 Heavy Truck Program long lead fundingapproval
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 362,226,134 | 94.86 | 19,641,071 | 5.14 | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 667,003,943 | 97.14 | 19,641,071 | 2.86 | 0 | - |
including： minority shareholders | 36,599,549 | 65.08 | 19,641,071 | 34.92 | 0 | - |
Voting result: The proposal was approved.
3. Proposal on the routine related party transaction framework with Ford Motor Company
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 381,867,205 | 100 | 0 | - | 0 | - |
B share | 28,549,415 | 100 | 0 | - | 0 | - |
Total | 410,416,620 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
4. Proposal on the routine related party transaction framework with JMCG Interior Trim Factory
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
5. Proposal on the routine related party transaction framework with JMCG Import and Export Co., Ltd.
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
6. Proposal on the routine related party transaction framework with JMCG Finance Company
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 20,871,793 | 75.37 | 6,819,412 | 24.63 | 0 | - |
B share | 279,084,390 | 91.57 | 25,693,419 | 8.43- | 0 | - |
Total | 299,956,183 | 90.22 | 32,512,831 | 9.78 | 0 | - |
including： minority shareholders | 23,727,789 | 42.19 | 32,512,831 | 57.81 | 0 | - |
Voting result: The proposal was approved.
7. Proposal on the routine related party transaction framework with Jiangling-Lear Interior Trim Factory
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
8. Proposal on the routine related party transaction framework with GETRAG (Jiangxi) Transmission Company
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 381,867,205 | 100 | 0 | - | 0 | - |
B share | 28,549,415 | 100 | 0 | - | 0 | - |
Total | 410,416,620 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
9. Proposal on the routine related party transaction framework with Jiangxi Jiangling Chassis Company
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
10. Proposal on the routine related party transaction framework with Jiangxi Specialty Vehicles Jiangling Motors Group Co., Ltd.
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
11. Proposal on the routine related party transaction framework with Nanchang Bao-jiang Steel Processing & Distribution Co., Ltd.
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 27,691,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 332,469,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
12. Amendments to the Articles of Association of JMC
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 381,867,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 686,645,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
13. Proposal on revising the Rules of Shareholders' Meeting of JMC
Type | Favor | Against | Abstention | |||
Shares | percentage（%） | Shares | percentage（%） | Shares | percentage（%） | |
A share | 381,867,205 | 100 | 0 | - | 0 | - |
B share | 304,777,809 | 100 | 0 | - | 0 | - |
Total | 686,645,014 | 100 | 0 | - | 0 | - |
including： minority shareholders | 56,240,620 | 100 | 0 | - | 0 | - |
Voting result: The proposal was approved.
V. Legal Opinion Issued by the Lawyer
1. Name of Law Firm: Jiangxi Hua Bang Law Firm
2. Name of the lawyer: Yang Ailin, Zhou Zhen
3. Legal opinion: the convening, the qualification of the shareholders or proxy, vote procedure and other relevant items of the meeting complied with the stipulations of the Laws & Requirements and the Articles of Association of the Company, and the resolutions of the meeting were legitimate and valid.
VI. Documents for Reference1. The Minutes of the 2015 First Special Shareholders' Meeting of Jiangling Motors Corporation, Ltd.
2. Legal Opinion issued by Jiangxi Hua Bang Law Firm on the 2015 First Special Shareholders' Meeting of Jiangling Motors Corporation, Ltd.
Board of Directors
Jiangling Motors Corporation, Ltd.
March 4, 2015
|
distributed by
|
