(Indicate by
check mark whether the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F.)
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to
Rule 12g3-2(b)
under the Securities Exchange Act of 1934.)
(If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):82-
.)
The words anticipate, believe, could, estimate, expect, intend,
may, plan, seek, will, would and similar expressions, as they relate to us, are intended to identify a number of these forward-looking statements.
These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these
forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. We are under no obligation to update these forward-looking statements and do not intend to do so. Actual results may
differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the following:
Please also see the
Risk Factors section of the Companys latest Annual Report on Form
20-F,
as filed with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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CHINA TELECOM CORPORATION LIMITED
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Date: May 24, 2017
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By:
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/s/ Yang Jie
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Name:
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Yang Jie
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Title:
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Chairman and Chief Executive Officer
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4
Exhibit 1.1
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
China Telecom Corporation Limited
(A joint stock limited company incorporated in the Peoples Republic of China with limited liability)
(Stock Code: 728)
POLL RESULTS OF ANNUAL GENERAL MEETING,
APPOINTMENT AND CHANGE OF DIRECTORS AND SUPERVISORS
AND PAYMENT OF THE FINAL DIVIDEND
The Board of the Company is pleased to announce that all the proposed resolutions were duly passed by shareholders by way of
poll at the AGM of the Company held on 23 May 2017.
The Companys shareholders approved the profit
distribution proposal and declaration of a final dividend of RMB0.093043 per share (equivalent to HK$0.105 per share)
(pre-tax)
for the year ended 31 December 2016. The final dividend is expected to be
paid on 21 July 2017.
Poll Results of the AGM
The board of directors (the Board) of China Telecom Corporation Limited (the Company) is pleased to announce that the 2016 Annual
General Meeting of the Company was held on Tuesday, 23 May 2017 (the AGM) at Ballrooms B & C, Level 5, Island
Shangri-La,
Pacific Place, Supreme Court Road, Central, Hong Kong. The
number of issued shares of the Company as at the date of the AGM was 80,932,368,321, which was the total number of shares entitling the holders to attend and vote for or against any of the resolutions proposed at the AGM. There were no restrictions
on any shareholders casting votes on any of the proposed resolutions at the AGM. The AGM was held in compliance with the requirements of the Company Law of the Peoples Republic of China and the provisions of the articles of association of the
Company.
Reference is made to the announcement published by the Company on 22 May 2017, Mr. Zhen Caiji has resigned from his position as an
Executive Vice President of the Company with effect from 22 May 2017 due to personal reason. As a result, the Board has withdrawn the nomination of Mr. Zhen Caiji for election as a member of the sixth session of the Board. The ordinary
resolution numbered 4.5 in relation to the election of Mr. Zhen Caiji as a director of the Company has already been withdrawn and the aforesaid resolution was not put forward for voting at the AGM.
A-1
The poll results in respect of the proposed resolutions at the AGM were as follows:
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Ordinary Resolutions
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No. of votes (%)
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For
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Against
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1.
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That the consolidated financial statements of the Company, the report
of the Board of Directors, the report of the Supervisory Committee and the report of the international auditor for the year ended 31 December 2016 be considered and approved, and the Board of Directors of the Company be authorised to prepare
the budget of the Company for the year 2017.
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74,367,779,586
(99.9970%)
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2,251,112
(0.0030%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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2.
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That the profit distribution proposal and the declaration and payment of a final dividend for the year
ended 31 December 2016 be considered and approved.
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74,383,878,986
(99.9976%)
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1,793,712
(0.0024%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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3.
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That the
re-appointment
of Deloitte Touche Tohmatsu and
Deloitte Touche Tohmatsu Certified Public Accountants LLP as the international auditor and domestic auditor of the Company respectively for the year ending on 31 December 2017 be considered and approved, and the Board be authorised to fix the
remuneration of the auditors.
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74,383,732,489
(99.9974%)
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1,950,209
(0.0026%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.
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4.1 Ordinary resolution numbered 4.1 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Yang Jie as a Director of the Company)
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73,929,990,193
(99.6920%)
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228,422,313
(0.3080%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.2 Ordinary resolution numbered 4.2 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Yang Xiaowei as a Director of the Company)
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74,079,428,859
(99.7969%)
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150,778,427
(0.2031%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.3 Ordinary resolution numbered 4.3 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Ke Ruiwen as a Director of the Company)
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74,077,491,459
(99.7942%)
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152,751,627
(0.2058%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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A-2
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Ordinary Resolutions
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No. of votes (%)
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For
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Against
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4.4 Ordinary resolution numbered 4.4 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Sun Kangmin as a Director of the Company)
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74,079,490,859
(99.7969%)
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150,752,327
(0.2031%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.5 Ordinary resolution numbered
4.5 of the Notice of AGM dated 6 April 2017
(To approve the election of Mr. Zhen Caiji as a Director of the Company)
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N/A
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N/A
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This ordinary resolution was withdrawn.
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4.6 Ordinary resolution numbered
4.6 of the Notice of AGM dated 6 April 2017
(To approve the election of Mr. Gao Tongqing as a Director of the Company)
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74,081,855,279
(99.7969%)
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150,748,227
(0.2031%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.7 Ordinary resolution numbered
4.7 of the Notice of AGM dated 6 April 2017
(To approve the election of Mr. Chen Zhongyue as a Director of the Company)
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74,081,848,179
(99.7969%)
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150,755,327
(0.2031%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.8 Ordinary resolution numbered
4.8 of the Notice of AGM dated 6 April 2017
(To approve the election of Mr. Chen Shengguang as a Director of the Company)
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73,970,053,059
(99.6463%)
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262,550,447
(0.3537%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.9 Ordinary resolution numbered
4.9 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Tse
Hau Yin, Aloysius as an Independent Director of the Company)
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73,531,124,520
(99.0551%)
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701,456,986
(0.9449%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.10 Ordinary resolution numbered 4.10 of the Notice
of AGM dated 6 April 2017
(To approve the
re-election
of Madam Cha May Lung, Laura as an
Independent Director of the Company)
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73,493,132,295
(99.0038%)
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739,471,311
(0.9962%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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A-3
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Ordinary Resolutions
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No. of votes (%)
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For
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Against
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4.11 Ordinary resolution numbered 4.11 of the Notice
of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Xu Erming as an
Independent Director of the Company)
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68,640,530,233
(92.3190%)
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5,710,929,264
(7.6810%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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4.12 Ordinary resolution numbered 4.12 of the Notice
of AGM dated 6 April 2017
(To approve the
re-election
of Madam Wang Hsuehming as an
Independent Director of the Company)
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73,612,655,905
(99.1649%)
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619,947,601
(0.8351%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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5.
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5.1 Ordinary resolution numbered
5.1 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Sui Yixun
as a Supervisor of the Company)
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74,148,296,804
(99.8694%)
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96,937,702
(0.1306%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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5.2 Ordinary resolution numbered
5.2 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Hu
Jing as a Supervisor of the Company)
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73,591,165,757
(99.1190%)
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654,068,749
(0.8810%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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5.3 Ordinary resolution numbered
5.3 of the Notice of AGM dated 6 April 2017
(To approve the
re-election
of Mr. Ye
Zhong as a Supervisor of the Company)
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73,592,369,657
(99.1207%)
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652,856,849
(0.8793%)
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As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution.
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Special Resolutions
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No. of votes
(%)
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For
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Against
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6.
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6.1 Special resolution numbered 6.1 of the Notice of AGM dated 6 April 2017
(To approve the amendments to Article 1 of the articles of association of the Company)
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74,384,984,385
(99.9990%)
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712,212
(0.0010%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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A-4
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Special Resolutions
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No. of votes (%)
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For
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Against
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6.2 Special resolution numbered
6.2 of the Notice of AGM dated 6 April 2017
(To approve the amendments to Article 13 of the articles of association of the
Company)
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74,385,028,085
(99.9990%)
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758,512
(0.0010%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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6.3 Special resolution numbered
6.3 of the Notice of AGM dated 6 April 2017
(To authorise any Director of the Company to complete registration or filing of the
amendments to the articles of association)
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74,385,130,985
(99.9992%)
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565,712
(0.0008%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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7.
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7.1 Special resolution numbered
7.1 of the Notice of AGM dated 6 April 2017
(To consider and approve the issue of debentures by the Company)
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70,697,744,920
(95.0420%)
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3,688,041,777
(4.9580%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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7.2 Special resolution numbered
7.2 of the Notice of AGM dated 6 April 2017
(To authorise the Board to issue debentures and determine the specific terms, conditions
and other matters of the debentures)
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70,644,079,650
(94.9699%)
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3,741,706,947
(5.0301%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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7.3 Special resolution numbered
7.3 of the Notice of AGM dated 6 April 2017
(To consider and approve the centralised registration of debentures by the Company)
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70,697,878,220
(95.0423%)
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3,687,818,477
(4.9577%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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8.
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8.1 Special resolution numbered
8.1 of the Notice of AGM dated 6 April 2017
(To consider and approve the issue of company bonds in the Peoples Republic of
China)
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73,863,181,985
(99.2975%)
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522,528,712
(0.7025%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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A-5
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Special Resolutions
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No. of votes (%)
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For
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Against
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8.2 Special resolution numbered
8.2 of the Notice of AGM dated 6 April 2017
(To authorise the Board to issue company bonds and determine the specific terms, conditions
and other matters of the company bonds in the Peoples Republic of China)
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73,863,174,385
(99.2974%)
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522,626,312
(0.7026%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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9.
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Special resolution numbered 9 of the Notice of AGM dated 6 April 2017
(To grant a general mandate to the Board to issue, allot and deal with additional shares in the Company not exceeding 20% of each of the existing domestic
Shares and H Shares in issue.)
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68,244,294,778
(91.7438%)
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6,141,429,718
(8.2562%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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10.
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Special resolution numbered 10 of the Notice of AGM dated 6 April 2017
(To authorise the Board to increase the registered capital of the Company and to amend the articles of association of the Company to reflect such increase in
the registered capital of the Company under the general mandate.)
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69,162,280,858
(92.9779%)
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5,223,429,639
(7.0221%)
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As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution.
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Computershare Hong Kong Investor Services Limited, registrar of the Companys H Shares, acted as scrutineer for the
vote-taking at the AGM.
Payment of the Final Dividend
The final dividend of RMB0.093043 per share (equivalent to HK$0.105 per share)
(pre-tax)
for the year ended
31 December 2016 was approved at the AGM. The payment shall be made to shareholders whose names appear on the register of members of the Company on Monday, 5 June 2017. The register of members will be closed from Wednesday, 31 May 2017 to
Monday, 5 June 2017 (both days inclusive). In order to be entitled to the final dividend, H share shareholders who have not registered the transfer documents are required to deposit the transfer documents together with the relevant share
certificates at Computershare Hong Kong Investor Services Limited, at Shops 1712 - 1716, 17th Floor, Hopewell Centre, 183 Queens Road East, Wanchai, Hong Kong at or before 4:30 p.m. on Monday, 29 May 2017. Dividends will be denominated and
declared in Renminbi. Dividends for holders of domestic shares and the investors of the Shanghai Stock Exchange and Shenzhen Stock Exchange (including enterprises and individuals) investing in the H shares of the Company listed on Hong Kong Stock
Exchange (the Southbound Trading Link) (the Southbound Investors) will be paid in Renminbi, whereas dividends for H share shareholders other than Southbound Investors will be paid in Hong Kong dollars. The relevant exchange
rate will be the average offer rates of Renminbi to Hong Kong dollars as announced by the Peoples Bank of China for the week prior to the date of declaration of dividends at the AGM (RMB0.886120 equivalent to HK$1.00).
A-6
Pursuant to the Enterprise Income Tax Law of the Peoples Republic of China and the Implementation Rules of
the Enterprise Income Tax Law of the Peoples Republic of China in 2008, the Company shall be obliged to withhold and pay 10% enterprise income tax when it distributes the 2016 final dividends to
non-resident
enterprise shareholders of overseas H shares (including HKSCC Nominees Limited, other corporate nominees or trustees, and other entities or organisations) whose names appear on the Companys
H share register of members on 5 June 2017. According to regulations by the State Administration of Taxation (Guo Shui Han [2011] No. 348) and relevant laws and regulations, if the individual H share shareholders who are Hong Kong or Macau
residents and those whose country of domicile is a country which has entered into a tax treaty with PRC stipulating a dividend tax rate of 10%, the Company will finally withhold and pay individual income tax at the rate of 10% on behalf of the
individual H share shareholders. If the individual H share shareholders whose country of domicile is a country which has entered into a tax treaty with PRC stipulating a dividend tax rate of less than 10%, the Company will finally withhold and pay
individual income tax at the rate of 10% on behalf of the individual H share shareholders. If the individual H share shareholders whose country of domicile is a country which has entered into a tax treaty with PRC stipulating a dividend tax rate of
more than 10% but less than 20%, the Company will withhold and pay individual income tax at the actual tax rate stipulated in the relevant tax treaty. If the individual H share shareholders whose country of domicile is a country which has entered
into a tax treaty with PRC stipulating a dividend tax rate of 20%, or a country which has not entered into any tax treaties with PRC, or under any other circumstances, the Company will withhold and pay individual income tax at the rate of 20% on
behalf of the individual H share shareholders.
The Company will determine the country of domicile of the individual H share shareholders based on the
registered address as recorded in the H share register of members of the Company on 5 June 2017 (the Registered Address). If the country of domicile of an individual H share shareholder is not the same as the Registered Address or if the
individual H share shareholder would like to apply for a refund of the additional amount of tax finally withheld and paid, the individual H share shareholder shall notify and provide relevant supporting documents to the Company on or before Monday,
29 May 2017. Upon examination of the supporting documents by the relevant tax authorities, the Company will follow the guidance given by the tax authorities to implement relevant tax withholding and payment provisions and arrangements.
Individual H share shareholders may either personally or appoint a representative to attend to the procedures in accordance with the requirements under the tax treaties notice if they do not provide the relevant supporting documents to the Company
within the time period stated above.
For Southbound Investors (including enterprises and individuals), the Shanghai branch of China Securities Depository
and Clearing Corporation Limited and the Shenzhen branch of China Securities Depository and Clearing Corporation Limited, as the nominee of the investors of the Southbound Trading Link, will receive all dividends distributed by the Company and will
distribute the dividends to the relevant investors under the Southbound Trading Link through its depositary and clearing system. According to the relevant provisions under the Notice on Taxation Policies for Shanghai-Hong Kong Stock Connect
Pilot Programme (Cai Shui [2014] No. 81) and Notice on Taxation Policies for
Shenzhen-Hong
Kong Stock Connect Pilot Programme (Cai Shui [2016] No. 127), the Company shall withhold
and pay individual income tax at the rate of 20% with respect to dividends received by the Mainland individual investors for investing in the H shares of the Company listed on the Hong Kong Stock Exchange through the Southbound Trading Link. In
respect of the dividends received by Mainland securities investment funds investing in the H shares of the Company listed on Hong Kong Stock Exchange through the Southbound Trading Link, the tax levied shall be ascertained by reference to the rules
applicable to individual investors. The Company is not required to withhold and pay income tax on dividends derived by the Mainland enterprise investors under the Southbound Trading Link, and such enterprises shall report the income and make tax
payment by themselves. The record date for entitlement to the shareholders rights and the relevant arrangements of dividend distribution for the Southbound Investors are the same as those for the Companys H share shareholders.
A-7
The Company assumes no responsibility and disclaims all liabilities whatsoever in relation to the tax status or
tax treatment of the individual H share shareholders and for any claims arising from any delay in or inaccurate determination of the tax status or tax treatment of the individual H share shareholders or any disputes relating to the tax withholding
and payment mechanism or arrangements.
For H share shareholders other than the Southbound Investors, the Company has appointed Bank of China (Hong Kong)
Trustees Limited as the receiving agent in Hong Kong (the Receiving Agent) and will pay to such Receiving Agent the final dividend declared for payment to H share shareholders other than the Southbound Investors. The Receiving Agent will
pay the final dividend net of the applicable tax on 21 July 2017. The relevant dividend warrants will be despatched to H share shareholders by ordinary post and the risk of errors involved in the postage will be borne by the H share shareholders.
For the Southbound Investors, the final dividend net of the applicable tax will be paid by the Company to the Shanghai branch of China Securities Depository and Clearing Corporation Limited and Shenzhen branch of China Securities Depository and
Clearing Corporation Limited on 21 July 2017. The Shanghai branch of China Securities Depository and Clearing Corporation Limited and Shenzhen branch of China Securities Depository and Clearing Corporation Limited will pay the final dividend net of
the applicable tax to the Southbound Investors.
APPOINTMENT AND CHANGE OF DIRECTORS AND SUPERVISORS
The appointment of each of the above directors and supervisors for the sixth session of the Board of Directors and the Supervisory Committee of the Company was
approved at the AGM. Meanwhile, Mr. Yang Jianqing and Mr. Zhang Jianbin have been elected by the employees of the Company democratically as the supervisors of the Company representing the employees. The appointment of the above directors
and supervisors for the sixth session of the Board of Directors and the Supervisory Committee takes effect from 23 May 2017 for a term of three years until the annual general meeting of the Company for the year 2019 to be held in the year 2020.
The Company will enter into a service contract with each of the above directors and supervisors. The Board of Directors and the Supervisory Committee will determine the remuneration of the above directors and supervisors with reference to their
respective duties, responsibilities, experience as well as current market conditions.
Save as disclosed in this announcement, none of the above directors
and supervisors has held any directorship in any other listed companies nor taken up any post in any affiliated companies of the Company in the past three years, nor any relationship with any other director, supervisor, senior management,
substantial shareholder or controlling shareholder of the Company. Furthermore, none of the above directors and supervisors has any equity interest in the Company within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong.
Save as disclosed in this announcement, there is no other information relating to the above appointment of the directors and supervisors that shall be disclosed pursuant to Rule 13.51(2)(h) to (v) of The Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited nor any matter which needs to be brought to the attention of the shareholders of the Company.
A-8
The supervisor representing the employees of the fifth session of the Supervisory Committee, Mr. Tang Qi
retired as a supervisor of the Company upon expiry of the term of office on 23 May 2017. Mr. Tang has confirmed that he has no disagreement with the Board of Directors and the Supervisory Committee, and there are no other matters in
relation to his retirement that needs to be brought to the attention of the shareholders of the Company. The Board of Directors and the Supervisory Committee take this opportunity to express their gratitude for the valuable contributions of
Mr. Tang towards the Company during his tenure of office.
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By Order of the Board
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China Telecom Corporation Limited
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Ke Ruiwen Wong Yuk Har
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Joint Company Secretaries
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Hong Kong, 23 May 2017
As at the date of this announcement, the Board of Directors of the Company consists of Mr. Yang Jie (as the chairman and chief executive officer);
Mr. Yang Xiaowei (as the president and chief operating officer); Mr. Ke Ruiwen, Mr. Sun Kangmin, Mr. Gao Tongqing and Mr. Chen Zhongyue (all as the executive vice presidents); Mr. Chen Shengguang (as the
non-executive
director), Mr. Tse Hau Yin, Aloysius, Madam Cha May Lung, Laura, Mr. Xu Erming and Madam Wang Hsuehming (all as the independent
non-executive
directors).
BRIEF INFORMATION OF THE APPOINTED DIRECTORS AND SUPERVISORS OF THE COMPANY
Mr.
Yang Jie
, age 54, is the Chairman of the Board of Directors and Chief Executive Officer of the Company. Mr. Yang is a
professor-level senior engineer. He graduated from the Beijing University of Posts and Telecommunications with a major in radio engineering in 1984 and obtained a doctorate degree in business administration (DBA) from the ESC Rennes School of
Business in 2008. Mr. Yang served as Deputy Director General of Shanxi Posts and Telecommunications Administration, General Manager of Shanxi Telecommunications Corporation, Vice President of China Telecom Beijing Research Institute, General
Manager of Business Department of the Northern Telecom of China Telecommunications Corporation, Executive Vice President, President and Chief Operating Officer of the Company, and Vice President and President of China Telecommunications Corporation.
He is also the Chairman of China Telecommunications Corporation. Mr. Yang has extensive experience in management and the telecommunications industry.
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Mr.
Yang Xiaowei
, age 53, is an Executive Director, President and Chief Operating
Officer of the Company. Mr. Yang is a senior engineer. He received a bachelor degree from the Computer Application Department of Chongqing University in 1998 and a master degree in computer technology from the Management Engineering Department
of Chongqing University in 2001. Mr. Yang was the Assistant to Director General and Deputy Director General of Chongqing Telecommunications Bureau, a Deputy Director General of the Chongqing Telecommunications Administration Bureau and a
Director General of Chongqing Municipal Communication Administration Bureau. Mr. Yang served as General Manager of the Chongqing branch and the Guangdong branch of the Unicom Group, Vice President of the Unicom Group, Director of the Unicom
Group, and Executive Director and Vice President of China Unicom Limited. Mr. Yang also served as Director and Vice President of China Unicom Corporation Limited, Chairman of Unicom Huasheng Telecommunications Technology Co. Ltd., Executive
Vice President of the Company and Vice President of China Telecommunications Corporation. He is also a Director and the President of China Telecommunications Corporation. Mr. Yang has extensive experience in management and the
telecommunications industry.
Mr.
Ke Ruiwen
, age 53, is an Executive Director, Executive Vice President and Joint Company
Secretary of the Company. Mr. Ke obtained a doctorate degree in business administration (DBA) from the ESC Rennes School of Business. Mr. Ke served as Deputy Director General of Jiangxi Posts and Telecommunications Administration, Deputy
General Manager of Jiangxi Telecom, Managing Director of the Marketing Department of the Company and China Telecommunications Corporation, General Manager of Jiangxi Telecom, Managing Director of the Human Resources Department of the Company and
China Telecommunications Corporation. He is also a Vice President of China Telecommunications Corporation and the Chairman of Supervisory Committee of China Tower Corporation Limited. Mr. Ke has extensive experience in management and the
telecommunications industry.
Mr.
Sun Kangmin
, age 59, is an Executive Director and Executive Vice President of the Company.
Mr. Sun is a senior engineer. He holds a bachelor degree. Mr. Sun served as Head of the Information Industry Department of Sichuan Province, Director General of Communication Administration Bureau of Sichuan Province, Chairman and General
Manager of Sichuan Telecom Company Limited. He is also a Vice President of China Telecommunications Corporation, Chairman of the board of directors and an Executive Director of China Communications Services Corporation Limited and a Director of
China Tower Corporation Limited. Mr. Sun has extensive experience in management and the telecommunications industry.
Mr.
Gao
Tongqing
, age 53, is an Executive Director and Executive Vice President of the Company. Mr. Gao graduated from the Changchun Institute of Posts and Telecommunications with a major in telecommunications engineering and received a doctorate
degree in business administration from the Hong Kong Polytechnic University. Mr. Gao served as Deputy Director General of Xinjiang Uygur Autonomous Region Posts and Telecommunications Administration, Deputy General Manager and General Manager
of Xinjiang Uygur Autonomous Region Telecom Company and General Manager of China Telecom Jiangsu branch. He is also a Vice President of China Telecommunications Corporation. Mr. Gao has extensive experience in management and the
telecommunications industry.
Mr.
Chen Zhongyue
, age 45, is an Executive Director and Executive Vice President of the Company.
Mr. Chen received a bachelor degree in English studies from Shanghai International Studies University and a master degree in international trade economy from Zhejiang University. Mr. Chen served as Deputy General Manager of China Telecom
Zhejiang branch, Managing Director of the Public Customers Department of the Company and China Telecommunications Corporation and General Manager of China Telecom Shanxi branch. He is also a Vice President of China Telecommunications Corporation.
Mr. Chen has extensive experience in management and the telecommunications industry.
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Mr.
Chen Shengguang
, age 53, is a
Non-Executive
Director of the Company. Mr. Chen graduated from Zhongnan University of Economics with a major in finance and accounting, and obtained a postgraduate degree in economics from Guangdong Academy of Social Sciences and a master degree in business
administration (MBA) from Lingnan College of Sun
Yat-sen
University. Mr. Chen is currently the Director and General Manager of Guangdong Rising Assets Management Co., Ltd. (one of the domestic
shareholders of the Company). Mr. Chen served as the Manager and Deputy General Manager of Finance Department of Guangdong Foreign Trade Import & Export Corporation, Chief Executive, Assistant to General Manager and Chief Accountant of
Finance Department of Guangdong Guangxin Foreign Trade Corporation, Director of FSPG
Hi-Tech
Co., Ltd.,
Non-Executive
Director of Xingfa Aluminium Holdings Limited,
Director of Guangdong
Silk-Tex
Group Co., Ltd., Chief Accountant and Vice President of Guangdong Guangxin Holdings Group Ltd.. Mr. Chen has extensive experience in finance and corporate management.
Mr.
Tse Hau Yin, Aloysius
, age 69, is an Independent
Non-Executive
Director of the Company.
Mr. Tse is currently an Independent
Non-Executive
Director of CNOOC Limited, Sinofert Holdings Limited, SJM Holdings Limited and China Huarong Asset Management Co., Ltd., all of which are listed on the
Main Board of The Stock Exchange of Hong Kong Limited (HKSE Main Board). Mr. Tse is also an Independent
Non-Executive
Director of OCBC Wing Hang Bank Limited (formerly known as Wing Hang
Bank Limited, which was listed on the HKSE Main Board until October 2014). He was an Independent
Non-Executive
Director of China Construction Bank Corporation, which is listed on the HKSE Main Board,
from 2004 to 2010. Mr. Tse was also an Independent
Non-Executive
Director of Daohe Global Group Limited (formerly known as Linmark Group Limited), which is listed on the HKSE Main Board, from 2005 to
2016. Mr. Tse was appointed as an Independent
Non-Executive
Director of CCB International (Holdings) Limited, a wholly owned subsidiary of China Construction Bank Corporation in March 2013. He is also a
member of the International Advisory Council of the Peoples Municipal Government of Wuhan. Mr. Tse is a fellow of the Institute of Chartered Accountants in England and Wales, and the Hong Kong Institute of Certified Public Accountants
(HKICPA). Mr. Tse is a past President and a former member of the Audit Committee of the HKICPA. He joined KPMG in 1976, became a partner in 1984 and retired in March 2003. Mr. Tse was a
Non-Executive
Chairman of KPMGs operations in China and a member of the KPMG China advisory board from 1997 to 2000. Mr. Tse is a graduate of the University of Hong Kong.
Madam Cha May Lung, Laura
, age 67, is an Independent
Non-Executive
Director of the Company. Mrs. Cha is
currently a Hong Kong Delegate to the 12th National Peoples Congress, PRC, a Member of the Executive Council of the Government of the Hong Kong Special Administrative Region and Chairman of the Financial Services Development Council of Hong
Kong. She is the
Non-Executive
Deputy Chairman of The Hongkong and Shanghai Banking Corporation, the Asia Pacific subsidiary of HSBC Holdings plc, of which she is also an Independent
Non-Executive
Director. She is a
Non-Executive
Director of Unilever, PLC and Unilever, N.V, Vice Chairman of the International Advisory Council of the China Securities
Regulatory Commission (CSRC), and a Member of the International Advisory Council of the China Banking Regulatory Commission. Mrs. Cha served as Vice Chairman of CSRC from January 2001 to September 2004 and Assistant Director, Senior
Director, Executive Director of Corporate Finance and Deputy Chairman of the Securities and Futures Commission of Hong Kong from 1991 to 2001. She received a Juris Doctor degree from Santa Clara University of USA in 1982.
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Professor Xu Erming
, age 67, is an Independent
Non-Executive
Director of the Company. Professor Xu is a professor and Ph.D. supervisor of the Graduate School at the Renmin University of China and Vice Chairman of the Chinese Enterprise Management Research Association. He is entitled to the State
Councils special government allowances. He is the Independent Supervisor of Harbin Electric Company Limited and an Independent
Non-Executive
Director of Comtec Solar Systems Group Limited. Over the
years, Professor Xu has conducted research in areas related to strategic management, organisational theories, international management and education management, and has been responsible for research on many subjects put forward by the National
Natural Science Foundation, the National Social Science Foundation, and other authorities at provincial and ministry level. He has received many awards such as the Ministry of Educations Class One Excellent Higher Education Textbook
Award, the State-Level Class Two Teaching Award and the National Excellent Course Award. Professor Xu has been a visiting professor at over 10 domestic universities and has been awarded the Fulbright Scholar of U.S.A. twice. Professor Xu was
previously a lecturer at the New York State University at Buffalo, U.S.A., the University of Scranton, U.S.A., the University of Technology, Sydney, the Kyushu University, Japan, Panyapiwat Institute of Management, Thailand and the Hong Kong
Polytechnic University.
Madam Wang Hsuehming
, age 67, is an Independent
Non-Executive
Director of the
Company. Madam Wang graduated from the University of Massachusetts and attended Columbia University. She was a Senior Advisor and former Chairman of BlackRock China. She was also formerly the Chairman of China at Goldman Sachs Asset Management,
having joined Goldman Sachs in 1994, became a partner in 2000 and an Advisory Director from 2010 to 2011. Ms. Wang served as a Director of The Paulson Institute. With nearly 30 years of experience in financial services, she participated in
pioneering efforts in Chinas economic reform and restructuring, including serving as an advisor to the CAAC and its subsequent regional airlines on privatisation and capital equipment financing.
Mr.
Sui Yixun
, age 53, is the Chairman of the Supervisory Committee of the Company. Mr. Sui is currently the Managing Director
of audit department of the Company and a Supervisor of Tianyi Telecom Terminals Company Limited. Mr. Sui received a bachelor degree from Beijing Institute of Posts and Telecommunications and a master degree in business administration from
Tsinghua University. Mr. Sui served as Deputy General Manager of China Telecom Shandong branch, Deputy General Manager of the Northern Telecom of China Telecommunications Corporation and General Manager of China Telecom Inner Mongolia
Autonomous Region branch. Mr. Sui is a senior economist and has extensive experience in operational and financial management in the telecommunications industry.
Mr.
Yang Jianqing
, age 57, is an Employee Representative Supervisor of the Company. Mr. Yang is currently the General Manager
of Corporate Culture Department of the Company. Mr. Yang graduated from the Beijing Institute of Posts and Telecommunications with a bachelor degree in 1982 and obtained a master degree in business administration from the University of Hong
Kong. Mr. Yang served as Director General of Xining Telecommunications Bureau in Qinghai province, Deputy General Manager and General Manager of China Telecom Qinghai branch, General Manager of China Telecom Gansu branch, financial controller
of the Company. Mr. Yang is a senior engineer and has extensive experience in operational and financial management in the telecommunications industry.
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Mr.
Zhang Jianbin
, age 51, is an Employee Representative Supervisor of the Company.
Mr. Zhang is currently the Deputy Managing Director of the Corporate Strategy Department (Legal Department) and the Deputy General Counsel of China Telecommunications Corporation. Mr. Zhang graduated from the Law School of Peking
University in 1989 and received LLM degree. He also had EMBA degree from the Guanghua School of Management at Peking University in 2006. He previously worked at the Department of Policy and Regulation of the Ministry of Posts and Telecommunications
(MPT) and the Directorate General of Telecommunications (DGT) of the MPT. He served as Deputy Director of the General Office and Deputy Director of the Legal Affairs Division of the DGT of the MPT, Director of the Corporate
Strategy Department (Legal Department) of the Company. Mr. Zhang is a senior economist with extensive experience in telecommunications legislation and regulation, corporate governance, corporate legal affairs and risk management.
Mr.
Hu Jing
, age 41, is a Supervisor of the Company. Mr. Hu is currently the Director of the audit department of the Company.
Mr. Hu received a bachelor degree in accounting from the Xian University of Finance and Economics in 1997 and a master degree in business administration from the Northwest University in 2003. Mr. Hu served at various financial and
auditing positions at Shaanxi Telecom Company and China Telecommunications Corporation. He is a member of the Chinese Institute of Certified Public Accountants and senior accountant with extensive experience in finance and auditing.
Mr.
Ye Zhong
, age 57, is a Supervisor of the Company. Mr. Ye is a senior accountant. He holds a bachelor degree. Mr. Ye is
the Deputy General Manager of Zhejiang Financial Development Company (one of the domestic shareholders of the Company), Chairman and General Manager of Zhejiang Provincial Innovation and Development Investment Co. Ltd., Chairman of Zhejiang Venture
Capital Fund of Funds Management Co. Ltd., Chairman of Zhejiang Financial Market Investment Co. Ltd., Chairman and General Manager of Zhejiang Agricultural Investment and Development Fund Co. Ltd. and Chairman and General Manager of Zhejiang
Infrastructure Investment (including PPP) Fund Co. Ltd.. Mr. Ye served as Deputy Director of the Social Security Division of the Department of Finance of Zhejiang Province, Deputy Director of the Discipline Inspection Division and Director of
Supervisory Office of the Department of Finance of Zhejiang Province delegated by the Discipline Inspection Commission and Department of Supervision of Zhejiang Province. Mr. Ye has extensive experience in governments work and state-owned
enterprise management.
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