Securities Abbreviation: Industrial Bank Securities Code: 601166 No.: T2013-33
Industrial Bank Co., Ltd.
Announcement on Resolutions of the 1st Session of the 8th Board of Directors
The company and all the members of the board of directors warrant the truthfulness, accuracy and completeness of the announcement and will bear the joint and several liabilities for any false record, misleading statement or major omission in the announcement.
The 1st session of the 8th board of directors of Industrial Bank Co., Ltd. sent the notice on October 8, 2013, and was held in Fuzhou on October 15. All the 15 directors who should be present attended the session (Independent Director Zhou Qinye entrusted Independent Director Li Ruoshan to exercise the voting right regarding the matters deliberated at the session), which met relevant provisions of the Company Law of the People’s Republic of China and the articles of assosiation. The nine supervisors of the company attended the session.
Presided over by Board Chairman Gao Jianping, the session approved the following proposals and made the following resolutions:
I. Resolution on electing Mr. Gao Jianping as Chairman of the 8th Board of Directors.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
II. Resolution on the members constituting all committees of the 8th Board of Directors.
1. The Strategy Committee consists of five members including Gao Jianping, Feng Xiaozhong, Li Liangwen, Zhang Yuxia and Li Renjie. The Strategy Committee has a chairman, which is served as by Board Chairman Gao Jianping.
2. The Risk Management Committee consists of five members including Liao Shizhong, Li Liangwen, Jiang Yunming, Lin Zhangyi, and Paul M. Theil. Independent Director Paul M. Theil serves as the chair.
3. The Audit and Associated Transactions Control Committee consists of five members including Zhang Yuxia, Tang Bin, Deng Ruilin, Li Ruoshan and Zhou Qinye. Independent Director Li Ruoshan serves as the chair.
4. The Nomination Committee consists of five members including Cai Peixi, Li Renjie, Deng Ruilin, Zhang Jie and Paul M. Theil. Independent Director Deng Ruilin serves as the chair.
5. The Compensation and Appraisal Committee consists of five members including Liao Shizhong, Feng Xiaozhong, Li Ruoshan, Zhang Jie and Zhou Qinye. Independent Director Zhou Qinye serves as the chair.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
III. Resolution on continuing the engagement of Mr. Li Renjie as President of the Bank.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
IV. Resolution on continuing the engagement of Mr. Chen Dekang, Mr. Jiang Yunming, Mr. Lin Zhangyi, Mr. Chen Jinguang, Mr. Xue Hefeng, and Mr. Li Weimin as Vice President of the Bank.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
V. Resolution on Engaging Mr. Tang Bin as Secretary of the 8th Board of Directors.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
VI. Proposal on the purchase of Xiamen Training Center. The session agreed to purchase the commercial premises east of Binhai West Avenue in Binhai New Town, Xiamen, which cover an area of about 70,000 square meters, and the purchase budget should be controlled within RMB 1 billion.
Voting result: 15 votes of consent, 0 vote of opposition, and 0 vote of waiver.
The session also listened to the report on recent business performance.
It is hereby to announce as foregoing.
Board of Directors of Industrial Bank Co., Ltd.
October 17, 2013