dzug held the ninth session of the 14th meeting of the board of directors and the 12th meeting of the board of supervisors
shanghai dazhong public utilities (group) co.,ltd held the 14th meeting of the board of directors at assembly room 910 of the company on the morning of march 3, 2016, with 10 present directors among 11 directors supposed to come, among which independent director jiang guofang entrusted independent director cai jianmin to attend and vote. all the supervisors and senior executives attended the meeting.
the meeting was chaired by yang guoping, chairman of the board, in compliance with relevant provisions of the company law and the articles of association of the company,so it was deemed legal and effective. after careful consideration, the directors of the meeting passed the following proposals: 2015 annual work report of the board of directors,2015 annual work report of the general managers, 2015annual work report of the independent directors, 2015final financial account and 2016 annual financial budget report, 2015annual profit distribution plan of the company, 2015annual report and abstract of the company, 2015annual appraisal of internal control of the company, 2015annual social responsibility report of the company, 2015 annual report of duty execution of the audit committee of the board of directors, 2016 proposal about the annual daily related transaction condition of the company, proposals about company application general credit limit and providing security to the holding subsidiary for external financing, proposals on contract renewal with accounting firm, 2016 proposals on engaging internal control audit institution, proposals on independent directors adjustment proposals on changing members of the audit committee of the board of directors, proposals on members of the board of directors and the remuneration and appraisal committee, proposals on changing the members of nominating committee of the board, proposals on authorizing management team to participate in financial market operation, proposal on convening annual shareholders meeting, proposals on writing off other accounts receivable. in addition, the board of directors also confirmed the resolution of the 9th session of the third meeting of the audit committee of the board of directors, and the resolutions of 9th session of the second meeting of the remuneration and appraisal committee of the board of directors.
prior to the board of directors, the ninth session of the 12th meeting of the board of supervisors was convened in room 819 of the company. all the supervisors attended the meeting and considered and approved 11 proposals.