AMENDMENT TO THE ARTICLES OF ASSOCIATION

RNS Number : 7610T

Air China Ld

10 January 2017

 

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AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock  Code: 00753)

PROPOSED  AMENDMENT  TO  THE  ARTICLES  OF ASSOCIATION

Air China Limited (the "Company") announces that, in order to meet the operational need of the Company, the board of directors of the Company has resolved on 9 January 2017 to propose the amendment to the articles of association of the Company (the "Articles of Association") to expand the  Company's  scope  of business.

The following corresponding amendment is proposed to be made to Article 12 of the Articles of Association:

Existing  article	Amended  article (Proposed  amendment  being underlined)
Article 12 The Company's scope of business shall be consistent with and subject to the scope of business approved by the authority responsible for the registration of the Company.	Article 12 The Company's scope of business shall be consistent with and subject to the scope of business approved by the authority responsible for the registration of the Company.
The Company's scope of business includes: International and domestic scheduled and unscheduled air passenger, air cargo, mail and luggage transportation; domestic and  international business aviation services; management and administration of aircraft, aircraft maintenance, repair and overhaul services, business agency among airlines companies; and ground services, air express service (other than mails and objects of the same nature as mails) related to the main business; onboard duty free items, retail of goods onboard and underwriting the aviation accident insurance. (subject to the final approval by the State Administration of Industry and Commerce)	The Company's scope of business includes: International and domestic scheduled and unscheduled air passenger, air cargo, mail and luggage transportation; domestic and  international business aviation services; management and administration of aircraft, aircraft maintenance, repair and overhaul services, business agency among airlines companies; and ground services, air express service (other than mails and objects of the same nature as mails) related to the main business; onboard duty free items, retail of goods onboard and underwriting the aviation accident insurance; hotel, catering services and hotel management; undertaking exhibitions; conference services; business services; real estate management; design, production, agency and publish of advertisement; technology training; lease of self-owned property; lease of aircraft, engines and aged mechanical parts; sale of consumer products, handicrafts and souvenirs. (The projects, which are subject to approval in accordance with the laws, shall be operated only after receiving approval from relevant administrative authorities)

The proposed amendment to the Articles of Association is prepared in the Chinese language and the English version is therefore a translation only. In the event of any discrepancy between the English translation and the Chinese version of the Articles of Association, the Chinese version shall prevail.

The above proposed amendment to the Articles of Association is subject to shareholders' approval at the general meeting of the Company by way of a special resolution. A circular containing details of the proposed amendment to the Articles of Association and a notice of the general meeting will be despatched to the shareholders of the Company in due course.

By  order  of  the Board

    Air China Limited
    Rao  Xinyu　Tam  Shuit Mui

Joint  Company Secretaries

Beijing, the PRC, 9 January 2017

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

*   Independent non-executive director of the Company

 

END

 

 

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