Announcement of Poll Results of 2021 Sixth EGM

SDIC Power Holdings CO., LTD.  

(GDR under the symbol: "SDIC")

Announcement of Poll Results of

2021 Sixth Extraordinary General Meeting

I. Convening and Attendance of the Meeting

(I) Date: 4 August 2021

(II) Venue: Room 207, No. 147, Xizhimen Nanxiao Street, Xicheng District, Beijing 

(III) Common shareholders present at the meeting and their holdings (including online voting):

1. Number of shareholders and representatives present at the meeting	1,731
2. Sum of shares with voting rights held by the shareholders present at the meeting (shares)	5,597,019,136
3. Proportion of shares with voting rights held by the shareholders present at the meeting in all voting shares of the Company (%)	80.3491%

(IV) Whether the voting method complies with the provisions of the Company Law and the Articles of Association, and the presiding situation of the General Meeting.

The convening, holding forms and procedures of the General Meeting comply with the relevant provisions of the Company Law, the Securities Law, the Rules for the General Meeting of Listed Companies, the Articles of Association of SDIC Power Holdings CO., LTD. and the Procedural Rules for General Meetings of SDIC Power Holdings CO., LTD. The resolution of the meeting is lawful and effective. Chairman Zhu Jiwei presided over the meeting.

 

II. Poll Results

 

1.  Name of the Proposal: Proposal on the Company Matching Conditions for Non-Public Offering of A-shares

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,345,447	88.1172	268,222,700	11.8688	314,400	0.0140

 

 2. Name of the Proposal: Proposal on the Plan for the Non-public Offering of A-shares by the Company

2.01 Types and face value of shares issued

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,587,287	88.1279	256,298,033	11.3412	11,997,227	0.5309

2.02 Method and time of issuance

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,523,487	88.1250	256,356,833	11.3438	12,002,227	0.5312

2.03 Target of issuance and subscription method

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,364,147	88.1180	256,536,173	11.3517	11,982,227	0.5303

2.04 Pricing benchmark date and issue price

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,413,647	88.1202	256,728,974	11.3602	11,739,926	0.5196

2.05 Number of issuance

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,615,587	88.1291	256,244,733	11.3388	12,022,227	0.5321

2.06 Scale and purpose of raised funds

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,992,152,987	88.1529	255,707,333	11.3150	12,022,227	0.5321

2.07 Restricted period

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,719,087	88.1337	255,971,333	11.3267	12,192,127	0.5396

2.08 Place of listing

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,988,887	88.1456	255,631,333	11.3117	12,262,327	0.5427

2.09 Arrangement of accumulated and undistributed profits

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,993,376,490	88.2070	253,521,130	11.2183	12,984,927	0.5747

2.10 Validity period of the resolution for this non-public offering of A-shares

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,710,163	88.1333	256,049,758	11.3302	12,122,626	0.5365

 

3. Name of the Proposal: Proposal on the Pre-Arranged Plan for the Non-public Offering of A-shares by the Company

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,495,523	88.1238	256,043,098	11.3299	12,343,926	0.5463

 

4. Name of the Proposal: Proposal on Feasibility Analysis Report on the Use of Funds Raised from the Non-public Offering of A-shares by the Company

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,329,292,352	95.2166	255,137,757	4.5584	12,589,027	0.2250

 

5. Name of the Proposal: Proposal on the Report on the Use of Previously Raised Funds by the Company

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,337,205,995	95.3580	246,727,414	4.4081	13,085,727	0.2339

 

6. Name of the Proposal: Proposal on Related Transactions Involved in the Non-public Offering of A-shares by the Company

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,991,549,923	88.1262	255,734,697	11.3162	12,597,927	0.5576

 

7. Name of the Proposal: Proposal on Signing the Conditional Share Subscription Agreement between the Company and Controlling Shareholders

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,997,666,992	88.3969	248,658,810	11.0031	13,556,745	0.6000

 

8. Name of the Proposal: Proposal on Requesting the General Meeting of Shareholders to Approve the Exemption of Controlling Shareholders from Offering

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	1,990,738,066	88.0903	255,592,737	11.3100	13,551,744	0.5997

 

9. Name of the Proposal: Proposal on Risk Prompt and Filling Measures for Diluted Immediate Return of the Non-Public Offering of A-shares by the Company and Commitment of Relevant Subjects

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,328,815,177	95.2080	254,754,715	4.5516	13,449,244	0.2404

 

10. Name of the Proposal: Proposal on the Shareholder Return Plan for the Next Three Years (2021-2023)

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,342,557,953	95.4536	217,575,057	3.8873	36,886,126	0.6591

 

11. Name of the Proposal: Proposal on the Establishment of a Special Account for Raised Funds by the Company

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,337,955,021	95.3713	244,136,388	4.3619	14,927,727	0.2668

 

12. Name of the Proposal: Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors and Personnel Authorized by the Board of Directors to Handle the Matters Related to This Non-public Offering of A-shares

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,329,271,652	95.2162	254,407,058	4.5454	13,340,426	0.2384

 

13. Name of the Proposal: 2020 Annual Work Report of the Remuneration and Appraisal Committee of the 11th Board of Directors of SDIC Power

Deliberation result: Agreed

Voting results:

Type of shareholders	Agreed		Objection		Abstention
	Votes	Ratio (%)	Votes	Ratio (%)	Votes	Ratio (%)
A-shares	5,384,046,561	96.1948	175,415,649	3.1340	37,556,926	0.6712

 

III. Lawyer Witness

 

1. The law firm for authentication of the General Meeting: Beijing Tian Yuan Law Firm 

2. Witness conclusions and opinions of the lawyers:

The lawyers of the law firm believe that, the convening and holding procedures of the meeting, qualification of participants and the convener, the proposal and voting procedures of the meeting, and voting results comply with various laws and regulations and normative documents such as Company Law, Securities Law and Rules for the General Meeting, and the relevant provisions of the Articles of Association. The resolution passed at the meeting is lawful and effective.

 

 

SDIC Power Holdings CO., LTD.

 August 4, 2021