CAAS [CHINA AUTOMOTIVE SYSTEMS] 8-K:

Ticker: CAAS, Company: CHINA AUTOMOTIVE SYSTEMS INC, Type: 8-K, Date: 2019-07-19
Original SEC Filing: Click here


Webplus: CAAS/20190719/8-K_1/1/000.htm SEC Original: tv525492_8k.htm



8-K 1 tv525492_8k.htm FORM 8-K

Emerging growth company¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.0001 par value CAAS The Nasdaq Capital Market

Item 5.07 Submission of Matters to a Vote of Security Holders

The 2019 annual meeting of stockholders of China Automotive Systems, Inc. (the “Company”) was held on Thursday, July 18, 2019 atthe Fourth Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People’s Republic of China.  Ofthe 32,338,302 shares of the Company’s common stock entitled to vote at the meeting, 28,526,812 shares, or 88.21%, were representedat the meeting in person or by proxy, constituting a quorum.  The voting results are presented below.

1. Election of Directors

The Company’s shareholders elected the five nominees below to hold office until the 2020 annual meeting of shareholders and until their successors are elected and qualified.  Each of the nominees received more than a majority of the votes cast.  The votes regarding the election of directors were as follows:

Nominee For

Authority

Withheld

Broker

Non-Votes

Hanlin Chen 23,427,527 1,144,792 3,954,493
Qizhou Wu 23,434,532 1,137,787 3,954,493
Guangxun Xu 23,328,831 1,243,488 3,954,493
Heng Henry Lu 23,363,691 1,208,628 3,954,493
Tong Kooi Teo 23,364,091 1,208,228 3,954,493

2. Approval of an advisory (non-binding) proposal concerning the Company’s named executive officer compensation program

The approval of an advisory (non-binding) proposal concerning the Company’s named executive officer compensation program was ratified and approved by the following votes:

For Against Abstained Broker Non-Vote
23,434,974 1,064,364 72,981 3,954,493

3. Approval of an advisory (non-binding) vote concerning the frequency of holding future advisory votes on executive compensation

The approval of an advisory (non-binding) vote concerning the frequency of every two years for holding future advisory votes on executive compensationwas ratified and approved by the following votes:

For Against Abstained Broker Non-Vote
19,207,259 4,751,374 613,686 3,954,493

4. Ratification and Approval of the Appointment of Independent Auditor

The appointment of PricewaterhouseCoopers Zhong Tian LLP as the Company’s independent auditors for the fiscal year ending December 31, 2019 was ratified and approved by the following votes:

For Against Abstained Broker Non-Vote
27,551,456 596,152 379,204 -

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

China Automotive Systems, Inc.
(Registrant)
Date:  July 19, 2019 By: /s/ Hanlin Chen
Hanlin Chen

Company Info:

Ticker: CAAS, Company: CHINA AUTOMOTIVE SYSTEMS INC, Type: 8-K, Date: 2019-07-19CIK: 0001157762, Location: F4, SIC: 3714, SIC Desc: MOTOR VEHICLE PARTS & ACCESSORIES
Business Phone & Address:
NO. 1, HENGLONG ROAD, YU QIAO DEVELOPMENT ZONE,JINGZHOU CICITY
HUBEI PROVINCE XXXXX

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By | 2019-07-20T03:30:57+00:00 July 19th, 2019|Categories: CAAS, Chinese Stocks, Webplus ver|Tags: , , , , , |0 Comments

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