Haier Smart Home Co.,Ltd.
Haier Smart Home: Announcement on Resolutions of the 8th Meeting of the Tenth Session of the Board of Directors
DGAP-News: Haier Smart Home Co.,Ltd.
/ Key word(s): Miscellaneous
Haier Smart Home: Announcement on Resolutions of the 8th Meeting of the Tenth Session of the Board of Directors Qingdao / Shanghai / Frankfurt, 3 June 2020 – Haier Smart Home Co., Ltd. (D-Share ISIN CNE1000031C1, A-Share ISIN CNE000000CG9, “Haier Smart Home” or the “Company”) published a mandatory announcement in accordance with applicable trading rules of the Shanghai Stock Exchange and applicable PRC laws in relation to the Resolutions of the 8th Meeting of the Tenth Session of the Board of Directors. The 8th Meeting of the Tenth Session of the Board of Directors of Haier Smart Home Co., Ltd. (hereinafter referred to as the “Company”) was convened at Meeting Room A105, Haier University, Haier Information Industrial Park on the afternoon of 3 June 2020, with the due count of the directors being 9 and the actual count being 9. Among the directors, Dai Deming, Qian Daqun, Wong Hak Kun, Wu Changqi, Yan Yan and Lin Sui attended the Meeting by the way of conference calls. The attendance was in compliance with the requirements under the laws and regulations as well as the Articles of Association. Notice of the Meeting was dispatched by email on 1 June 2020, and the supervisors and the senior management of the Company attended the Meeting. The notification and convening of the Meeting complied with the requirements under the Company Law and the Articles of Association. The Meeting was moderated by Mr. Liang Haishan, the chairman of the board of directors. The following resolutions have been considered and approved after prudent review by the attending directors: I. The Proposal on Supplementing Members of the Professional Committees of the Board of Directors of Haier Smart Home Co., Ltd. (Poll Result: For: 9; Against: 0; Abstain: 0) II. The Proposal of its Subsidiary – Haier Electronics Group Co., Ltd. to Request its General Meeting to Authorize its Directors to Handle the Matters of Repurchasing Shares, Issuing Additional Shares and Granting Restricted Shares for the Purpose of Equity Incentive of Haier Smart Home Co., Ltd. (Poll Result: For: 9; Against: 0; Abstain: 0) Haier Electronics Group Co., Ltd. (hereinafter referred to as “Haier Electronics”), a subsidiary of the Company, intends to convene the annual general meeting on 23 June 2020, pursuant to which the proposals related to that the general meeting of Haier Electronics conducted the general authorization for its directors will be considered, including repurchasing shares not exceeding 10% of Haier Electronics’s issued share capital, issuing additional shares not exceeding 20% of Haier Electronics’s issued share capital (the issue price discount rate shall be limited to 15% of the benchmark price of the shares within 5 trading days before the issuance), expanding the general authorization to issue the shares of Haier Electronics to include the shares repurchased by Haier Electronics and other relevant matters. In addition, according to the requirements of the relevant overseas regulations, Haier Electronics will authorize its directors to grant no more than 9 million restricted shares under its Restricted Share Award Scheme. These shares will be held by the trustee on behalf of the motivated party in trust. For details of the above, please refer to the Notice of the Annual General Meeting published by Haier Electronics on 13 May 2020 on the website of the Hong Kong Stock Exchange (http://www.hkexnews.hk/index_c.htm). The Board of Directors considered and approved to agree that Haier Electronics requests its General Meeting to authorize its directors to handle the above-mentioned matters related to the repurchase of shares, additional shares issuance, and allotment of new shares for the purpose of equity incentives in order to grant restricted shares pursuant to the requirements of the Articles of Association of the Company. The Company will authorize relevant persons to vote at the General Meeting of Haier Electronics in accordance with the decision-making of the Board of Directors. It is hereby notified the above. The Board of Directors of Haier Smart Home Co., Ltd. The complete document is available at: http://smart-home.haier.com/investor_relations_en/. About Haier Smart Home Co., Ltd.: IR contact:
03.06.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Haier Smart Home Co.,Ltd. |
Haier Industrial Park, Laoshan District | |
266101 Qingdao | |
China | |
Phone: | +49 6172 9454 143 |
Fax: | +49 6172 9454 42143 |
E-mail: | y.sun@haier.de |
Internet: | www.haier.net |
ISIN: | CNE1000031C1, CNE000000CG9 (A-share), |
WKN: | A2JM2W |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1062451 |
End of News | DGAP News Service |