TORONTO, Jan. 16, 2020 /CNW/ - Boyuan Construction Group,
Inc. (TSX:BOY) ("Boyuan" or the "Company") announced today that all
of the nominees listed in its information circular for the annual
general and special meeting of shareholders held on December 12, 2019 in Jiaxing, Zhejiang, China (the "Meeting") were elected
as directors of Boyuan. Each such director will serve until the
next annual meeting of shareholders or until their successors are
elected or appointed or they otherwise cease to serve as
directors.
Detailed results of the vote for the election of directors held
at the Meeting are set out below.
Director
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Shou
Cailiang
|
14,706,656
|
85.24%
|
2,546,100
|
14.76%
|
John Jack
Duffy
|
14,471,956
|
83.88%
|
2,780,800
|
16.12%
|
Liu
Manhong
|
14,468,656
|
83.86%
|
2,784,100
|
16.14%
|
Francis
Leong
|
14,471,956
|
83.88%
|
2,780,800
|
16.12%
|
Dr. Fang
Lixin
|
14,468,656
|
83.86%
|
2,784,100
|
16.14%
|
Ren Shu
|
14,468,656
|
83.86%
|
2,784,100
|
16.14%
|
Tang Wei
|
14,468,656
|
83.86%
|
2,784,100
|
16.14%
|
Each director nominee received a greater number of votes "for"
than were designated as "withheld", therefore no nominee shall be
required to submit a resignation in accordance with the Company's
majority voting policy, adopted by the board of directors of the
Company as required by the rules of the Toronto Stock Exchange.
About Boyuan Construction Group, Inc.
Backed by a longstanding track record, Boyuan Construction
Group, Inc. ("Boyuan" or the "Company") has the knowledge and
expertise to design and build a wide range of commercial and
residential developments, as well as municipal infrastructure and
engineering projects. Based in Jiaxing City and with a growing
presence in both Zhejiang Province
and Hainan Province, Boyuan
focuses on construction projects in China's fast-growing regions of the Yangtze
River Delta and the Hainan
Province. The Company's current project backlog includes
residential, commercial, industrial and mixed-use developments. For
more information visit www.boyuangroup.cn.
SOURCE Boyuan Construction Group, Inc.