ADAMA Ltd.Announcement on the Resolutions of 2019 Annual
General Meeting
I. Important Notice
1. No proposal was vetoed at the meeting.
2. The meeting didn’t change any resolution made by the previous shareholdersmeetings.II. Holding of the Meeting
1. Time of the On-site Meeting: starts at 14:30 on May 20, 2020
2. Venue: 6F A7 Building, No.10, Chaoyang Park South Road, Chaoyang District,Beijing
3. Nature of Meeting: Combination of on-site voting and online voting
4. Convener: The Board of Directors of the Company
5. Host: Eric Fyrwald
6. Time/Date of Online Voting:
Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No. 2020-31
The Company and all members of its board of directors hereby confirm that allinformation disclosed herein is true, accurate and complete with no false ormisleading statement or material omission.
Online voting: online voting via the trading system of Shenzhen Stock Exchange will befrom 9:30 a.m. to 11:30 a.m. and from 1:00 p.m. to 3:00 p.m. on May 20, 2020; onlinevoting via the online voting system of the Shenzhen Stock Exchange will be any timefrom 9:15 a.m. to 3:00 p.m. on May 20, 2020.
7. The convening and holding procedures comply with the Company Law, Rules ofListing of Shenzhen Stock Exchange and other laws and regulations, as well as theArticles of Association of the Company.III. Attendance in the Meeting
1. Attendance of Shareholders
26 shareholders participated in the on-site meeting or via online voting system,representing 1,864,698,206 shares, accounting for 76.2173% of the Company’s totalshares. Among them, 6 shareholders participated in the on-site meeting, representing1,823,827 shares, accounting for 0.0745% of the Company’s total shares and 20shareholders participated via online voting system, representing 1,862,874,379 shares,accounting for 76.1428% of the Company’s total shares.
2. Attendance of B-share Shareholders
10 B-share shareholders participated in the on-site meeting or via online voting system,representing 4,337,528 shares, accounting for 2.5966％of the Company’s total B shares.Among them, 5 shareholders participated in the on-site meeting, representing 908,727shares, accounting for 0.5440％of the Company’s total B shares and 5 shareholdersparticipated via online voting system, representing 3,428,801 shares, accounting for
2.0526％of the Company’s total B shares.
3. Attendance of Mid-small Shareholders
25 Mid-small shareholders participated in the on-site meeting or via online voting system,representing 53,815,167 shares, accounting for 2.1996％of the Company’s total shares.Among them, 6 shareholders participated in the on-site meeting, representing 1,823,827shares, accounting for 0.0745％of the Company’s total shares and 19 shareholdersparticipated via online voting system, representing 51,991,340 shares, accounting for
2.1251％of the Company’s total shares.
Some of the directors, supervisors and senior executives of the Company, as well as thelawyers engaged by the Company as witnesses attended the meeting.IV. Deliberation and Voting on the ProposalsThe following proposals were voted at the meeting by means of online and on-site voting:
1. Proposal on the 2019 Annual Report and its Abstract
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
2. Proposal on the 2019 Financial Statements
2.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645% of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188% of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
2.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
3. Proposal on the Pre-Plan of the 2019 Dividend Distribution
1.1 Voting Summary:
1,860,241,905 shares for it, accounting for 99.7610％of all the shares held by theparticipating shareholders; 4,144,200 shares against it, accounting for 0.2222％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,358,866 shares for it, accounting for 91.7192% of all the shares held by theparticipating Mid-small shareholders; 4,144,200 shares against it, accounting for 7.7008%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
4. Proposal on the 2019 Working Report of the Board of Directors
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
5. Proposal on the Engagement with an Audit Firm for the Audit of the Financial
Statements and Internal Control of the Company for 2020
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
6. Proposal on the Expected Related Party Transactions in the Ordinary Course of
Business in 2020The proposal is a related-party matter. As China National Agrochemical Co.,Ltd andJingzhou Sanonda Holding Co.,Ltd are controlled by China National Chemical Co.,Ltdwhich is the actual controller of the Company, they are affiliated shareholders of theCompany, which hold 1,810,883,039 shares and 119,687,202 shares of the Companyrespectively. Such affiliated shareholders will refrain from voting on this proposal.
1.1 Voting Summary:
49,423,866 shares for it, accounting for 91.8400％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 7.5800％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.5799% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
7. Proposal on the 2019 Working Report of the Board of Supervisors
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
8. Proposal on the Overall Achievement of the Committed Performance included inthe Major Assets Restructuring Project and the Planned Compensation to theCompany by the ObligorsThe proposal is a related-party matter. As China National Agrochemical Co.,Ltd andJingzhou Sanonda Holding Co.,Ltd are controlled by China National Chemical Co.,Ltdwhich is the actual controller of the Company, they are affiliated shareholders of theCompany, which hold 1,810,883,039 shares and 119,687,202 shares of the Companyrespectively. Such affiliated shareholders will refrain from voting on this proposal.
1.1 Voting Summary:
49,612,566 shares for it, accounting for 92.1907％of all the shares held by theparticipating shareholders; 3,890,500 shares against it, accounting for 7.2294％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.5799% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
944,927 shares for it, accounting for 21.7849% of all the shares held by the participatingB-share shareholders; 3,080,500 shares against it, accounting for 71.0197% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,612,566 shares for it, accounting for 92.1907% of all the shares held by theparticipating Mid-small shareholders; 3,890,500 shares against it, accounting for 7.2294%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
9. Proposal on the Share Buyback and Cancellation and the Decrease of theRegistered Capital of the CompanyThe proposal is a related-party matter. As China National Agrochemical Co.,Ltd andJingzhou Sanonda Holding Co.,Ltd are controlled by China National Chemical Co.,Ltdwhich is the actual controller of the Company, they are affiliated shareholders of theCompany, which hold 1,810,883,039 shares and 119,687,202 shares of the Companyrespectively. Such affiliated shareholders will refrain from voting on this proposal.
1.1 Voting Summary:
50,379,566 shares for it, accounting for 93.6159％of all the shares held by theparticipating shareholders; 3,123,500 shares against it, accounting for 5.8041％of all the
shares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.5799% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
944,927 shares for it, accounting for 21.7849% of all the shares held by the participatingB-share shareholders; 3,080,500 shares against it, accounting for 71.0197% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
50,379,566 shares for it, accounting for 93.6159% of all the shares held by theparticipating Mid-small shareholders; 3,123,500 shares against it, accounting for 5.8041%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a special resolution, this proposal has been approved with morethan 2/3 of the total number of shares held by the participating shareholders.
10. Proposal on Revisions to the Articles of Association of the Company and relevant
Rules of Procedures
1.1 Voting Summary:
1,860,358,105 shares for it, accounting for 99.7672％of all the shares held by theparticipating shareholders; 4,028,000 shares against it, accounting for 0.2160％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all the
shares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,475,066 shares for it, accounting for 91.9352% of all the shares held by theparticipating Mid-small shareholders; 4,028,000 shares against it, accounting for 7.4849%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a special resolution, this proposal has been approved with morethan 2/3 of the total number of shares held by the participating shareholders.
11. Proposal on Terminating the Use of Raised Funds on Certain DesignatedProjects Included in the Project of Share Issuance for Assets Purchase andSupporting Finance
1.1 Voting Summary:
1,860,358,105 shares for it, accounting for 99.7672％of all the shares held by theparticipating shareholders; 4,028,000 shares against it, accounting for 0.2160％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,475,066 shares for it, accounting for 91.9352% of all the shares held by theparticipating Mid-small shareholders; 4,028,000 shares against it, accounting for 7.4849%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
12. Proposal on the Compliance with the Conditions for Public Issuance of
Corporate Bonds to Qualified Investors
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.
13. Proposal on the Plan on Public Issuance of Corporate Bonds
13.01 Issue Size
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.02 Issuance Method
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0
shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.03 Term of the Bonds and Products
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (among
them, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.04 Par Value and Issuance Price
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 shares
abstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.05 Purpose of Raised Funds
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.06 Interest Rate and Repayment Method of the Bonds
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.07 Guarantee
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.08 Options on Adjustment of the Nominal Rate of the Bonds, Redemption or Resale
Terms and Other Terms on Rights
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.09 Underwriting
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.10 Issuance Objects
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.11 Repayment Guarantee
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
13.12 Validity Period of the Resolution
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this sub-proposal has been approved withmore than 50% of the total number of shares held by the participating shareholders.
14. Proposal on Requesting the Shareholders Meeting to Authorize the Board ofDirectors and Persons Authorized by the Board of Directors to Manage AllMatters Related to the Public Issuance of Corporate Bonds
1.1 Voting Summary:
1,860,306,905 shares for it, accounting for 99.7645％of all the shares held by theparticipating shareholders; 4,079,200 shares against it, accounting for 0.2188％of all theshares held by the participating shareholders; 312,101 shares abstained (among them, 0shares are considered as abstained due to non-voting), accounting for 0.0167% of all theshares held by the participating shareholders. Among them:
(1) Voting Summary of B-share Shareholders:
908,727 shares for it, accounting for 20.9503% of all the shares held by the participatingB-share shareholders; 3,116,700 shares against it, accounting for 71.8543% of all theshares held by the participating B-share shareholders; 312,101 shares abstained (amongthem, 0 shares are considered as abstained due to non-voting), accounting for 7.1954% ofall the shares held by the participating B-share shareholders.
(2) Voting Summary of Mid-small Shareholders:
49,423,866 shares for it, accounting for 91.8400% of all the shares held by theparticipating Mid-small shareholders; 4,079,200 shares against it, accounting for 7.5800%of all the shares held by the participating Mid-small shareholders; 312,101 sharesabstained (among them, 0 shares considered as abstained due to non-voting), accountingfor 0.5799% of all the shares held by Mid-small shareholders present.
1.2 Voting Result: As a general resolution, this proposal has been approved with morethan 50% of the total number of shares held by the participating shareholders.The above proposals were disclosed on the website of Juchao Information(http://www.cninfo.com.cn) on April 28, 2020 and May 12, 2020.V. Legal Opinion
1. Name of the law firm: King & Wood Mallesons, Beijing
2. Names of the lawyers: Wang Hanying, Kang Yachan
3. Conclusive opinion:
In the lawyers’ opinion, the convening and holding procedures comply with the CompanyLaw, Rules for the Shareholders’ Meetings of Listed Companies, Notice of the ShenzhenStock Exchange on Issuing the Detailed Implementing Rules of the Shenzhen StockExchange for Online Voting at Shareholders’ Meetings of Listed Companies and otherapplicable laws and regulations, as well as the Articles of Association of the Company;the qualification of the convener and attendees are legitimate and valid; the votingprocedures and voting results of the meeting are legitimate and valid.VI. Documents for Reference
1. Resolutions of 2019 Annual General Meeting;
2. Legal Opinion on the Witnessing of the Shareholders Meeting.
This announcement is hereby made.
The Board of Directors of ADAMA Ltd.
May 21, 2020