The first extraordinary general shareholders’ meeting 2005 was held in Fuzhou on September 21, 2005. Chairman Gao Jianping presided over the meeting, at which, the following six proposals were reviewed and approved: Proposal on Electing Mr. Ba Shusong as Independent Director of the Fifth Board of Directors, Industrial Bank Capital Replenishment Plan, Proposal on Issuing Financial Bonds, Proposal on Stipulating Administrative Measures on Directors’ Remuneration, Proposal on Revising the Provisional Measures on Shareholding Management, and Proposal on Withdrawing General Reserve from Retained Earnings. The Report on Implementation of CBRC’s 2004 regulatory Opinion and Rectification Status was heard at the meeting.