Resolutions of the Supervisor

RNS Number : 8872P

Datang Intl Power Generation Co Ld

01 April 2009

 



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DATANG INTERNATIONAL POWER GENERATION CO., LTD

 (a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 991)

OVERSEAS REGULATORY ANNOUNCEMENT

ANNOUNCEMENT ON RESOLUTIONS

OF THE SUPERVISORY COMMITTEE

This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The ninth meeting (the 'Meeting') of the sixth session of the supervisory committee (the 'Supervisory Committee') of Datang International Power Generation Co., Ltd. (the 'Company') was held at the conference room of 6/F, head office of the Company, No. 9 Guangningbo Street, Xicheng District, Beijing, the People's Republic of China (the 'PRC') at 11:00 a.m. on 30 March 2009 (Monday). The written notice of the Meeting was dispatched on 18 March 2009. There were four supervisors eligible for attending the Meeting and four of them attended the Meeting. The Meeting was in compliance with the provisions stipulated in the 'Company Law' and the articles of association of Datang International Power Generation Co., Ltd. (the 'Articles of Association') and was lawful and valid. The following resolutions were approved unanimously at the Meeting:

1. The 'Work Report of the Supervisory Committee for the Year 2008' was considered and approved, and the same be submitted to the 2008 annual general meeting for consideration;

2.  'Explanation on Correction of Financial Statements for the Year 2008' was considered and approved;

The Supervisory Committee agreed to the correction made in the Company's financial statements for the year 2008 relating to the accounting errors of corporate annuity which had been appropriated at the end of 2007 and was paid in early 2008 and the adjustment made to the opening balance of the year 2008. The Supervisory Committee is of the view that the correction made to the accounting errors by the Company is based on a valid basis and is in compliance with the relevant requirements. The correction is also able to truthfully reflect the financial position of the Company for the previous year.

3.  The 'Proposal of Final Accounts for the year 2008' was considered and approved and the same be submitted to the 2008 annual general meeting for consideration;

4.  The '2008 Profit Distribution Proposal' was considered and approved;

5.  The 'Full text of the 2008 Annual Report, Summary of Annual Report and Results Announcement' were considered and approved.

The Supervisory Committee is of the view that: 

(1)  The preparation and review procedures of the 2008 annual report were in compliance with all relevant requirements of the laws, regulations, the Articles of Association and the internal management systems of the Company;

(2)  The content and format of the 2008 annual report were in compliance with all requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange. The information contained therein has fully and truly reflected the operation, management and the financial position of the Company during the year;

(3)  No breach of confidentiality by the staff involved in the preparation and review of the annual report was found.

The voting results of the above five resolutions were as follows: 4 voted in favour, 0 voted against and 0 abstained.

By Order of the Board

Zhou Gang  

Secretary to the Board 

Beijing, the PRC, 30 March 2009

As at the date of this announcement, the directors of the Company are:Zhai Ruoyu, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia,Guan Tiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Xie Songlin*, Liu Chaoan*, Yu Changchun*, Xia Qing* and Li Hengyuan*.

* Independent non-executive directors

 

END

 

 

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