Annual Report 2012 - Haitian International Holdings Ltd.

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Corporate Governance Report Investor Relations and Shareholders’ Communication The Company continues to pursue a proactive policy of promoting investor relations and communications by conducting analysts’ briefings, road shows, participating in investors’ conferences and making corporate presentations during the conferences, arranging company visits to the Company and maintaining regular meetings with institutional shareholders and analysts. The Company’s annual general meeting provides a good opportunity for communications between the Board and its shareholders. Shareholders are encouraged to attend the annual general meeting. Notice of the annual general meeting and related papers are sent to shareholders at least 20 business days before the meeting and will also be made available on the Stock Exchange’s website. The Directors will answer questions on the Company’s business at the meeting. External auditors will also attend the annual general meeting. All votings at the annual general meeting will be conducted by poll and poll results will be posted on the website of the Stock Exchange on the business day following the annual general meeting. As a channel to further promote effective communication, the Company maintains a website (www.haitianinter.com) to disseminate the Company’s announcements and other relevant financial and non-financial information electronically on a timely basis. The annual general meeting of year 2012 was held on 16 May 2012 and the attendance record of the Directors at the meeting is set out below: Executive Directors Mr. Zhang Jinzhang (Chairman) – Mr. Zhang Jianming (Chief Executive Officer) – Prof. Helmut Helmar Franz – Mr. Zhang Jianguo Attended Mr. Zhang Jianfeng – Ms. Chen Ningning – Non-executive Directors Mr. Guo Mingguang – Mr. Liu Jianbo – Mr. Hu Guiqing (resigned on 28 December 2012) – Independent Non-executive Directors Mr. Gao Xunxian Attended Mr. Lou Baijun Attended Dr. Steven Chow – Mr. Jin Hailiang (appointed on 28 March 2013) N/A Mr. Dai Guowah (appointed on 30 March 2012)* Attended Mr. Pan Chaoyang (resigned on 1 June 2012) Attended Mr. Dai Xiangbo (resigned on 30 March 2012) N/A * Mr. Dai Guowah resigned as an independent non-executive director on 28 March 2013. 26
Corporate Governance Report Shareholders’ Rights How shareholders can convene an extraordinary general meeting Any one or more shareholder(s) holding at the date of deposit of the requisition not less than one-tenth of the paid up capital of the Company carrying the right of voting at general meetings of the Company shall have the right to make a written requisition to the Board or the Company Secretary to convene an extraordinary general meeting pursuant to article 58 of the Company’s articles of association. Such meeting shall be held within two months after the deposit of such requisition. If within twenty-one days of such deposit the Board fails to proceed to convene such meeting, the shareholder(s) who make the requisition may convene the extraordinary general meeting. Procedures by which enquiries regarding business or operation of the Company can be made Shareholders can contact the Investor Relations Department for enquiries in relation to the business or other operations of the Company. The contact information of the Investor Relations Department is set out in the “Investor Information” on page 19 of this report. Shareholders are also encouraged to attend the annual general meeting of the Company to express their view and make enquiries on the business or operation operations of the Company. Procedures for putting forward proposals at general meeting There are no provisions under the Company’s articles of association or the Companies Law, Cap 22 (Law 3 of 1961, as consolidated and revised) of the Cayman Islands governing shareholder’s rights to put forward proposals at an annual general meeting. Shareholders who wish to put forward proposals may however follow the procedures set out above to convene an extraordinary general meeting for any business specified in such written requisition. 2012 annual result analysts’ meeting Annual Report 2012 Haitian International Holdings Limited 27
Page 3 and 4: Contents 2 Financial Highlights 3 C
Page 5 and 6: Company Profile and Corporate Infor
Page 7 and 8: Chairman‘s Statements The Board o
Page 9 and 10: Chairman‘s Statements maintain th
Page 11 and 12: CEO‘s Report Financial Review Sal
Page 13 and 14: CEO‘s Report Foreign Exchange Ris
Page 15 and 16: Directors and Senior Management Exe
Page 17 and 18: Directors and Senior Management Mr.
Page 19 and 20: Directors and Senior Management Dr.
Page 21 and 22: Investor Information Listing Inform
Page 23 and 24: Corporate Governance Report Haitian
Page 25 and 26: Corporate Governance Report Directo
Page 27: Corporate Governance Report During
Page 31 and 32: Report of the Directors The directo
Page 33 and 34: Report of the Directors (vii) Exerc
Page 35 and 36: Report of the Directors Long Positi
Page 37 and 38: Report of the Directors Competing B
Page 39 and 40: Independent Auditor’s Report TO T
Page 41 and 42: Consolidated Balance Sheet As at 31
Page 43 and 44: Balance Sheet As at 31 December 201
Page 45 and 46: Consolidated Statement of Comprehen
Page 47 and 48: Consolidated Statement of Cash Flow
Page 49 and 50: Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Haitian International Holdings Limi
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Annual Report 2012 - Haitian International Holdings Ltd.

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