ZHENGZHOU COAL MINING MACHINERY GROUP COMPANY LIMITED Zhengzhou Coal Mining Machinery Group Co., Ltd. in its EGM held on February 10, 2015, approved the appointment of Jiao Chengyao, Xiang Jiayu, Wang Xinying, Guo Haofeng and Liu Qiang as an executive directors for the third session of the board of directors of the Company. The board also elected Li Chongqing, Zhang Zhiqiang, Zhou Rong and Liu Fuying as a supervisors representing shareholders for the third session of the board of supervisors of the Company. The board also appointed Liu Yao, Jiang Hua, Li Xudong and Wu Guangming as an independent non-executive directors for the third session of the board of directors of the Company.
The above appointments shall become effective from 10 February 2015, for a term of three years expiring on 9 February 2018. Due to the expiry of the term of the second session of the Board, members of the second session of the Board, Mr. Shao Chunsheng, Mr. Fu Zugang, Mr. Li Bin, Mr. Gao Guoan and Mr. Luo Jiamang were not nominated as candidates for re-election as members of the third session of the Board and they retired as the directors of the Company with effect from 10 February 2015. Due to the expiry of the term of the second session of the Supervisory Board, members of the second session of the Supervisory Board, Mr. Wang Tiehan, Mr. Ding Hui and Mr. Lv Yu were not nominated as candidates for re-election as members of the third session of the Supervisory Board and they retired as the supervisors of the Company with effect from 10 February 2015.
The Board announced that, at the first meeting of the third session of the Board of directors convened immediately after the EGM, the Board unanimously agreed to appoint Mr. Jiao Chengyao as chairman of the third session of the Board; and Mr. Xiang Jiayu as vice chairman of the third session of the Board, with effect from 10 February 2015. The Supervisory Board announced that, at the first meeting of the third session of the Supervisory Board convened after the EGM, the supervisors unanimously agreed to appoint Mr. Li Chongqing as chairman of the third session of the Supervisory Board with effect from 10 February 2015. The board also appointed Jiao Chengyao as chairman of Strategy Committee and Xiang Jiayu, Wang Xinying, Wu Guangming and Guo Haofeng as members of Strategy Committee.
The board also appointed Li Xudong as chairman of Audit Committee and Liu Yao and Jiang Hua as member of Audit Committee. The board also appointed Jiang Hua as chairman of Nomination Committee and Liu Qiang and Liu Yao as member of Nomination Committee. The board also appointed Wu Guangming as chairman of Remuneration and Assessment Committee and Wang Xinying and Liu Yao as members of Remuneration and Assessment Committee.
