PROP APPT OF NON-EXECUTIVE DIR PROP APPT OF SPV

RNS Number : 5835V

Air China Ld

04 December 2019

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or  in reliance upon the whole or any part of the contents of this announcement.

中國國際航空股份有限公司

AIR CHINA LIMITED

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

(Stock Code: 00753)

PROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTOR PROPOSED  APPOINTMENT  OF SUPERVISOR

PROPOSED  APPOINTMENT  OF  NON-EXECUTIVE DIRECTOR

The Board resolved on 3 December 2019 to propose to appoint Mr. Patrick Healy ("Mr. Healy") as non-executive director of the Company. The proposed appointment is subject to the approval by shareholders  at  the  general  meeting  of  the Company.

Mr. Patrick Healy, aged 54, graduated from the University of Cambridge with a Bachelor of Arts (Honours) degree in Modern Languages. He joined the Swire Group in August 1988 and  worked in  Swire Group's offices in Hong Kong SAR, Germany and Mainland China. He acted as the  chief executive officer  of Taikoo (Xiamen) Aircraft Engineering  Company Limited from  August 2008 to   July 2012, and the chief executive officer of Swire Coca-Cola  Limited  from  August  2012  to  September 2019. He has acted as an executive director of the Beverages Division of Swire Pacific  Limited since January 2013, a director of John Swire & Sons (H.K.) Limited since December 2014, and a director of Swire Properties Limited since January 2015. He has been serving as the chairman of Swire Coca-Cola Limited since October 2019 and the chairman of Cathay Pacific Airways Limited since  November 2019.

Save as disclosed above and as at the date of this announcement, Mr. Healy does not have any relationship with any directors, senior management, substantial shareholder(s) or controlling shareholder(s) of the Company or hold any  other  positions  in  the  Company  or  any  of  its subsidiaries, or any directorships in other listed companies in the last three years.

As at the date of this announcement, Mr. Healy does not have any interest in  the  shares  of  the  Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws  of  Hong Kong).

Upon approval of Mr. Healy's appointment at a general meeting of the Company, Mr. Healy will enter into a service contract with the Company for a term commencing on the date of approval by the shareholders of his appointment and ending on the expiry of the term of  the  current  session of  the Board. Mr. Healy will not receive any remuneration for his serving as director of the Company.

Save as disclosed above, the Board is not aware of any other matters in relation to the proposed appointment of Mr. Healy as non-executive director of the Company that need to be brought to the attention of the shareholders of the Company nor any information that is required to  be  disclosed pursuant to Rule 13.51 (2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong  Kong Limited. 

PROPOSED  APPOINTMENT  OF SUPERVISOR

On 3 December 2019, the Supervisory Committee of the Company ("Supervisory  Committee")  resolved to propose to appoint Mr. Zhao Xiaohang ("Mr. Zhao") as the shareholder representative supervisor of the Company. This proposed appointment is subject to the approval by shareholders at      the  general  meeting  of  the Company.

Mr. Zhao Xiaohang, aged 57, graduated from Tsinghua University majoring in management  engineering and holds a postgraduate diploma  and  a  master's  degree. Mr.  Zhao  served  as  director, vice president and Secretary of the Commission for Discipline Inspection of China National Aviation Corporation (Group) Limited from May 2004 to February 2011. He concurrently served as director of China National Aviation Company Limited from July 2005 to November 2015 and general manager        of China National Aviation Company Limited from July 2005 to May 2016, and director and general manager of China National Aviation Corporation (Macau) Company Limited from April 2007 to  February 2016. He also served as chairman, executive director and general manager of Air Macau Company Limited from December 2009 to April 2011. Mr. Zhao has also been  serving  as  vice  president and a member of the Standing Committee of the Communist Party  Committee  of  the  Company since February 2011. He is also a  director  of  Shandong  Aviation  Group  Co.,  Ltd.  since April 2011 and chairman of Dalian Airlines Company Limited since August 2011. Mr. Zhao was also appointed as the chairman of Air Macau Company Limited in March 2016,  a  member  of  the Communist Party Group of China National Aviation Holding Corporation  Limited in August 2016,   Vice General Manage of China National Aviation Holding Corporation Limited as well  as  vice  chairman of China National Aviation Corporation (Group) Limited and chairman of China National Aviation Media Co., Ltd. in December 2016. Mr. Zhao was appointed as the chairman  of  China  National Aviation Capital Holding Co., Ltd. in September 2018.

Save as disclosed above and as at the date of this announcement, Mr. Zhao does not have any  relationship with any directors, senior management, substantial shareholder(s) or controlling shareholder(s) of the Company or hold any  other  positions  in  the  Company  or  any  of  its subsidiaries, or any directorships in other listed companies in the last three years.

As at the date of this announcement, Mr. Zhao does not have any  interest  in  the  shares  of  the  Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws  of  Hong Kong).

Upon approval of Mr. Zhao's appointment at a general meeting of the Company, Mr. Zhao will enter   into a service contract with the Company for a term commencing on the date of approval by the shareholders of his appointment and ending on the expiry of the term of the current session of the Supervisory Committee; Mr. Zhao will not receive any remuneration for his serving as supervisor of     the Company.

Save as disclosed above, the Supervisory Committee is not aware of any other matters in relation to  the proposed appointment of Mr. Zhao as the shareholder representative supervisor of the Company that need to be brought to the attention of the shareholders of the Company nor any information that  is required to be disclosed pursuant to Rule 13.51(2) of  the Rules Governing the Listing of Securities    on The Stock Exchange of Hong Kong Limited.

A notice of general meeting of the Company containing, among others, detailed information of the above-mentioned matters will be despatched to the shareholders in due course.

By  Orders  of  the Board

              Air  China  Limited       

Zhou Feng     Tam  Shuit Mui

Joint  Company Secretaries

Beijing,  the  PRC,  3  December 2019

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Xue Yasong, Mr. Wang Xiaokang*, Mr. Liu Deheng*, Mr. Stanley     Hui  Hon-chung*  and  Mr.  Li Dajin*.

*     Independent  non-executive  director  of  the Company

 

END

 

 

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