Shenzhen Xindu Hotel Co., Ltd. (hereinafter referred to as "the Company") and all members of the board guarantee that the content of this announcement is true, accurate, and complete, without any false records, misleading statements, or major omissions.
On June 23, 2017, the Company received a letter jointly issued by directors Mr. Zhu Jicheng, Mr. Li Fengming, and independent directors Mr. Jiang Tao and Mr. Zhang Songwang, proposing to convene the eighth board meeting of 2017. The board was asked to review the following proposals: "Proposal to Exempt the Notice Period for the Eighth Board Meeting of 2017," "Proposal to Elect the Chairman of the Company," "Proposal to Dismiss General Manager Chen Huihan," and "Proposal to Appoint Mr. Jiang Tao as General Manager."
On the same day, the Company sent out a notice for the eighth board meeting via WeChat and email, and the meeting was held through remote voting. There were 9 directors eligible to attend the meeting, and all 9 participated in the voting, which complied with the relevant provisions of the Company Law and the Articles of Association.
The meeting reviewed the proposals:
- Proposal to Exempt the Notice Period for the Eighth Board Meeting of 2017
Voting results: 7 votes in favor, 0 votes against, 2 abstentions. Director Mr. Yang Zhiqiang abstained, stating he was unclear about the reason for the exemption. Director Mr. Su Congyue also abstained, citing the sudden nature of the meeting and lack of information. The proposal was approved, allowing the meeting to proceed on June 23, 2017.