YANTAI, China, Oct. 30, 2019 /PRNewswire/ -- Newater Technology,
Inc. (NASDAQ: NEWA) ("Newater," "NEWA," "we," "our" or the
"Company"), a developer, manufacturer and service provider of DTRO
products and integrated systems, successfully held its 2019 Annual
General Shareholder Meeting on its new campus located at 1 Ruida
Road, Laishan District, Yantai, Shandong P.R.C. A quorum was
present and two proposals were submitted to and approved by the
shareholders. The proposals are described in detail in the
Company's Proxy Statement filed with the U.S. Securities and
Exchange Commission on September 18,
2019. The final results for the votes regarding each
proposal are set forth below.
1. Shareholders elected two (2) Class C directors to the
Company's Board of Directors to serve terms ending at the third
succeeding annual meeting of stockholders in 2022 or until their
respective successors are duly elected and qualified. The votes for
each of the nominees were as follows:
|
For
|
Withhold
|
Yuebiao Li (Class C
director)
|
7,451,850
|
4,646
|
Zhuo Zhang (Class C
director)
|
7,451,850
|
4,646
|
2. Shareholders ratified the selection of MaloneBailey, LLC
as the Company's independent registered public accounting firm for
the fiscal year ending December 31, 2019. The votes regarding
this proposal were as follows:
For
|
Against
|
Abstained
|
7,450,010
|
2,023
|
4,463
|
About Newater Technology, Inc.
Founded in 2012 and headquartered in Yantai, China, Newater, operating its business through
its wholly owned subsidiary Yantai Jinzheng Eco-Technology Co.,
Ltd. ("Jinzheng"), is a service provider and manufacturer of
membrane filtration equipment and related hardware and engineered
systems that are used in the treatment, recycling and discharge of
wastewater using DTRO (Disk Tube Reverse Osmosis) and DTNF (Disk
Tube Nano-Filtration) membranes. Newater also provides integrated
technical solutions in engineering support and installation,
technical advice and wastewater treatment services, and other
project-related solutions to turn wastewater into reusable
water.
The Company's core business includes:
- Wastewater treatment and reuse of high quality reclaimed
water;
- Treatment of hypersaline and highly-polluted wastewater and
achieve zero liquid discharge;
- Highly efficient treatment of landfill leachate;
- Process and recycle salts from acid or alkaline
wastewater.
More information about the Company can be found at:
www.dtnewa.com
For more information, please contact:
Newater Technology,
Inc.
|
|
Zhuo Zhang
(CFO)
Phone: +86 (535)
625-8200
Email:
CFO@dtnewa.com
|
Ike Ma (Corporate
Manager)
Phone : +86
188-6551-5312
Email :
qlma@jinzhenghb.com
|
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SOURCE Newater Technology, Inc.