Current Report Filing (8-k)
December 29 2020 - 4:31PM
Edgar (US Regulatory)
0001517130
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CN
0001517130
2020-12-23
2020-12-23
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 23, 2020
PINGTAN
MARINE ENTERPRISE LTD.
(Exact
name of registrant as specified in charter)
Cayman Islands
|
|
001-35192
|
|
n/a
|
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.)
|
18/F, Zhongshan Building A
No. 154 Hudong Road
Fuzhou, PRC
|
|
350001
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(Address of principal executive offices)
|
|
(Zip Code)
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86-591-8727-1266
Registrant’s
telephone number, including area code
Not
Applicable
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
|
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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|
Trading
Symbol(s)
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Name
of each exchange on which registered
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Ordinary
Shares, $0.001 par value
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PME
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The
NASDAQ Capital Market
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.07 Submission of Matters to a Vote of Security Holders.
Presented
below are the voting results for the proposals, described in detail in the Definitive Proxy Statement of Pingtan Marine Enterprise
Ltd. (the “Company” or “our”) filed with the Securities and Exchange Commission on November 12, 2020 the
relevant portions of which are incorporated herein by reference, submitted to our members at the Annual General Meeting of Members
of the Company held on December 23, 2020 (the “Annual Meeting”).
At
the close of business on November 9, 2020, the record date for the Annual Meeting, a total of 79,302,428 ordinary shares were
issued and outstanding. At the Annual Meeting, members representing 61,639,574 of our ordinary shares were present in person or
represented by proxy.
Proposal 1: The following Class B
nominee was elected to serve on the Company’s board of directors for a three-year term expiring at the Company’s 2023
annual general meeting of members or until his successor is duly elected and qualified with the following vote:
Nominee
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|
For
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Against
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Abstain
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Broker Non-votes
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Lin Bao
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56,223,690
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5,100
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5,330
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|
3,862,997
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Proposal 2: The compensation of the
Company’s named executive officers was approved, on a non-binding, advisory basis, with the following vote:
For
|
|
Against
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|
Abstain
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|
Broker Non-votes
|
56,223,040
|
|
5,839
|
|
5,211
|
|
3,862,997
|
Proposal 3: The members selected,
on a non-binding, advisory basis, every three years as the appropriate frequency of holding future advisory votes to approve the
compensation of the Company’s named executive officers, with the following vote:
Every Year
|
|
Every 2 Years
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|
Every 3 Years
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Abstain
|
|
Broker Non-votes
|
5,862,386
|
|
1,931,042
|
|
48,435,462
|
|
5,200
|
|
3,862,997
|
Based on the outcome of the vote on the
frequency of future advisory votes to approve executive compensation and consistent with its recommendation, the Company’s
board of directors has determined that the Company will continue to hold such votes to approve executive compensation every three
years until the next required frequency vote. Accordingly, the Company will hold its next advisory vote to approve executive compensation
at the Company’s 2023 annual general meeting of members.
Proposal 4: The appointment of BDO
China Shu Lun Pan Certified Public Accountants LLP as the Company’s independent registered public accounting firm for the
fiscal year ending December 31, 2020 was ratified with the following vote:
For
|
|
Against
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Abstain
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|
Broker Non-votes
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59,868,922
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|
47,671
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180,494
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0
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SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereto duly authorized.
Dated:
December 29, 2020
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Pingtan Marine Enterprise Ltd.
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|
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By:
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/s/ LiMing Yung
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Name:
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LiMing Yung
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Title:
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Chief Financial Officer
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2
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