[CGPC] Announcement regarding the important resolutions of the 115th Board of Directors and Shareholders' Meeting for the key subsidiary, China General Plastics Polymer Corp.
China General Plastics Polymer Corp held its annual general meeting on May 19, 115, approving the 114 annual financial report, amendments to asset acquisition and disposal procedures, and the lifting of non-compete restrictions for directors.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:00
- 🔍 Collected: May 20, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 20, 2026 at 08:38 (38 min after Collected)
1. Date of annual general meeting: 115/05/19
2. Important resolution one, distribution of earnings or covering of losses: Approved the covering of losses for China General Plastics Polymer Corp for the year 114.
3. Important resolution two, amendment of articles of incorporation: None.
4. Important resolution three, business report and financial statements: Approved the accounting documents for the year 114 for China General Plastics Polymer Corp.
5. Important resolution four, election of directors and supervisors: None.
6. Important resolution five, other matters:
- Approved the amendment to the 'Procedures for Acquisition or Disposal of Assets' of China General Plastics Polymer Corp.
- Approved the lifting of non-compete restrictions for directors of China General Plastics Polymer Corp.
7. Other matters to be specified: As China General Plastics Polymer Corp has only one corporate shareholder, the powers of the shareholder meeting are exercised by the Board of Directors in accordance with the law.
2. Important resolution one, distribution of earnings or covering of losses: Approved the covering of losses for China General Plastics Polymer Corp for the year 114.
3. Important resolution two, amendment of articles of incorporation: None.
4. Important resolution three, business report and financial statements: Approved the accounting documents for the year 114 for China General Plastics Polymer Corp.
5. Important resolution four, election of directors and supervisors: None.
6. Important resolution five, other matters:
- Approved the amendment to the 'Procedures for Acquisition or Disposal of Assets' of China General Plastics Polymer Corp.
- Approved the lifting of non-compete restrictions for directors of China General Plastics Polymer Corp.
7. Other matters to be specified: As China General Plastics Polymer Corp has only one corporate shareholder, the powers of the shareholder meeting are exercised by the Board of Directors in accordance with the law.
FAQ
How is the shareholder meeting conducted for China General Plastics Polymer Corp?
As the company has a single corporate shareholder, the powers of the shareholder meeting are exercised by the Board of Directors according to law.
Were asset disposal procedures discussed in this meeting?
Yes, an amendment to the 'Procedures for Acquisition or Disposal of Assets' was approved.
Was there any change regarding non-compete restrictions for directors?
Yes, a resolution to lift non-compete restrictions for directors was approved.