PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

RNS Number : 4857Z

Air China Ld

31 August 2018

 

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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 AMENDMENTS TO THE ARTICLES OF ASSOCIATION

Air China Limited (the "Company") announces that, according to the requirements of regulatory authorities and the operational needs of the Company, the board of directors of the Company  has resolved on 30 August 2018 to propose to amend the Company's scope of business and the articles of association of the Company (the "Articles of Association").

The following corresponding amendments are proposed to be made to Article 13 of the Articles of Association:

Existing article	Amended article (Proposed amendments being underlined)
Article 13 The Company's scope of business	Article 13 The Company's scope of business
shall be consistent with and subject to the scope	shall be consistent with and subject to the scope
of business approved by the authority	of business    approved   by   the   authority
responsible for the registration of the Company.	responsible for the registration of the Company.

Existing article	Amended article (Proposed amendments being underlined)
The Company's scope of business includes:	The Company's scope of business includes:
International and domestic scheduled and	International and domestic scheduled and
unscheduled air passenger, air cargo, mail and	unscheduled air passenger, air cargo, mail and
Luggage transportation; domestic and	luggage transportation;domestic and
International business aviation services;	international business aviation services;
management and administration of aircraft,	management and administration of aircraft,
aircraft maintenance, repair and overhaul	aircraft maintenance, repair and overhaul
services, business agency among airlines	services, business agency among airlines
companies; and ground services, air express	companies; and ground services, air express
service (other than mails and objects of the	service (other than mails and objects of the
same nature as mails) related to the main	same nature as mails) related to the main
business; onboard duty free items, retail of	business; onboard duty free items, retail of
goods onboard and underwriting the aviation	goods onboard and underwriting the aviation
accident insurance; hotel, catering services and	accident insurance; hotel, catering services;
hotel management; undertaking exhibitions;	import  and    export businesses; and hotel
conference services; business services; property	management;undertaking exhibitions;
management; design, production, agency and	conference services; business services; property
publish of advertisement; technology training;	management; design, production, agency and
lease of self-owned property; lease of aircraft,	publish of advertisement; technology training;
engines and aged mechanical parts; sale of	lease of self-owned property; lease of aircraft,
consumer products, handicrafts, souvenirs;	engines and aged mechanical parts; sale of
import and export businesses. (The projects,	consumer products, handicrafts, souvenirs;
which are subject to approval in accordance	import and export businesses. (The projects,
with the laws, shall be operated only after	which are subject to approval in accordance
receiving approval from relevant administrative	with the laws, shall be operated only after
authorities.)	receiving approval from relevant administrative authorities.) rental of machinery and equipment;
	accommodation; catering services; sales of
	Handicrafts and souvenirs; wholesale of
	agriculture, forestry, animal husbandry and
	fishery products, wholesale of food, beverages
	and tobacco products, wholesale of textiles,
	clothing and household goods, wholesale of
	culture, sporting goods and equipment,
	Wholesale of mineral products, building
	materials and chemical products, wholesale of
	Machinery and equipment, hardware and
	electronic products, general retail, special retail
	of food, beverage and tobacco products, special
	retail of textiles, clothing and daily necessities,
	special retail of cultural and sporting goods and
	equipment, sales of automobiles, motorcycles,
	spare parts and fuels and other types of energy
	resources, special retail of household appliances
	and electronics, special retail of hardware,
	furniture and interior decoration materials, and
	Internet retailing.(Catering services,
	accommodation and other projects subject to
	approval in accordance with the law shall be
	operated with the approval of relevant
	authorities to the extent authorized by the
	approval.)

The proposed amendments to the Articles of Association are 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 amendments to the Articles of Association are subject to shareholders' approval      at the general meeting of the Company by way of a special resolution. A circular containing, among others, details of the proposed amendments to the Articles of Association will be despatched to the shareholders of the Company in due course.

By Order of the Board

Air China  Limited Zhou Feng       Tam Shuit Mui

                                                                                                         Joint Company Secretaries

Beijing, the PRC, 30 August 2018

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

* Independent non-executive director of the Company

 

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