NF Energy Saving Corporation Announces Shareholders' Approval of Name Change to BOQI International Medical Inc. and Voting Re...
November 15 2019 - 2:17PM
NF Energy Saving Corporation (NASDAQ: BIMI) (“BIMI” or the
"Company") today announced voting results from its 2019 Annual
Meeting of Shareholders.
At the Company’s Annual Meeting of Shareholders held on November
15, 2019, the shareholders of the Company voted to (i) elect the
seven individuals named below to serve as directors of the Company
to hold office until the Annual Meeting of Shareholders to be held
in 2020 and until their successors have been duly elected and
qualified, (ii) approve the amendment to the Company’s
Certificate of Incorporation to change the name of the Company to
BOQI International Medical Inc., (iii) approve, on an advisory
vote, the Company’s Say on Pay Vote, (iv) approve, on an advisory
basis, one year as the frequency of the Company’s Say When on Pay
Vote, and (v) ratify the appointment of HHC, LLP as the Company’s
independent registered public accounting firm for the fiscal year
ending December 28, 2019.
|
1. |
The votes cast by shareholders with respect
to the election of directors were as follows: |
|
|
For |
|
|
Withheld |
|
|
Broker Non-Votes |
|
Yongquan Bi |
|
|
7,336,306 |
|
|
|
367 |
|
|
|
546,022 |
|
Gang Li |
|
|
7,336,306 |
|
|
|
367 |
|
|
|
546,022 |
|
Tiewei Song |
|
|
7,336,211 |
|
|
|
462 |
|
|
|
546,022 |
|
Changqing Yan |
|
|
7,336,214 |
|
|
|
459 |
|
|
|
546,022 |
|
Mia Kuang Ching |
|
|
7,336,219 |
|
|
|
454 |
|
|
|
546,022 |
|
Ju Li |
|
|
7,336,330 |
|
|
|
343 |
|
|
|
546,022 |
|
Fengsheng Tan |
|
|
7,336,311 |
|
|
|
362 |
|
|
|
546,022 |
|
|
2. |
The votes cast by shareholders with
respect to the amendment to the Company’s Certificate of
Incorporation to change the name of the Company to BOQI
International Medical Inc. were as follows: |
For |
|
|
Against |
|
|
Abstain |
|
|
Broker Non-Votes |
|
|
5,398,172 |
|
|
|
2,375,087 |
|
|
|
17,233 |
|
|
|
546,022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3. |
The votes cast by shareholders with respect
to the non-binding advisory vote approving named executive officer
compensation were as follows: |
For |
|
|
Against |
|
|
Abstain |
|
|
Broker Non-Votes |
|
|
4,958,458 |
|
|
|
2,377,347 |
|
|
|
868 |
|
|
|
546,022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4. |
The votes cast by shareholders with respect
to non-binding advisory vote approving the frequency of future
advisory votes on the resolution approving named executive officer
compensation were as follows: |
One Year |
|
|
Two Years |
|
|
Three Years |
|
|
Abstain |
|
|
Broker Non-Votes |
|
|
7,328,540 |
|
|
|
6,356 |
|
|
|
1,614 |
|
|
|
163 |
|
|
|
546,022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5. |
The votes cast by shareholders with respect
to the ratification of the selection of HHC, LLP as the Company’s
independent registered public accounting firm for the fiscal year
ending December 28, 2019 were as follows: |
For |
|
|
Against |
|
|
Abstain |
|
|
Broker Non-Votes |
|
|
6,324,992 |
|
|
|
1,540,350 |
|
|
|
17,353 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"The Annual Meeting of Shareholders today was a milestone for
us. Changing our name to BOQI International Medical Inc. reflects
our new strategic focus on becoming a consumer-centric healthcare
company," said Mr. Tiewei Song, the Chief Executive Officer and
President of NF Energy Saving Corporation. "The management team is
committed to providing accessible and high-quality healthcare to
our consumers, and creating growth initiatives to position our
company for a long-term success."
About NF Energy Saving Corporation NF Energy
Saving Corporation (NASDAQ: BIMI) is a China-based provider of
integrated energy conservation solutions utilizing energy-saving
equipment, technical services and energy management re-engineering
project operations to provide energy saving services to clients. In
February 2019, the Board of Directors of the company was
reorganized following efforts led by Mr. Yongquan Bi, the company’s
new Chairman, with a renewed focus on the health industry.
Safe Harbor Statement The statements contained
herein that are not historical facts are considered
"forward-looking statements." Such forward-looking statements may
be identified by, among other things, the use of forward-looking
terminology such as "believes," "expects," "may," "will," "should,"
or "anticipates" or the negative thereof or other variations
thereon or comparable terminology, or by discussions of strategy
that involve risks and uncertainties. In particular, statements
regarding the efficacy of investment in research and development
are examples of such forward-looking statements. The
forward-looking statements include risks and uncertainties,
including, but not limited to, the effect of political, economic,
and market conditions and geopolitical events; legislative and
regulatory changes that affect our business; the availability of
funds and working capital; the actions and initiatives of current
and potential competitors; investor sentiment; and our reputation.
We do not undertake any responsibility to publicly release any
revisions to these forward-looking statements to take into account
events or circumstances that occur after the date of this report.
Additionally, we do not undertake any responsibility to update you
on the occurrence of any unanticipated events, which may cause
actual results to differ from those expressed or implied by any
forward-looking statements. The factors discussed herein are
expressed from time to time in our filings with the Securities and
Exchange Commission available at http://www.sec.gov.
IR Contact: Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803 Email: BIMI@dgipl.co
BIMI International Medical (NASDAQ:BIMI)
Historical Stock Chart
From Mar 2024 to Apr 2024
BIMI International Medical (NASDAQ:BIMI)
Historical Stock Chart
From Apr 2023 to Apr 2024