OREANDA-NEWS. June 02, 2011. The AGM of the Company was held. The Company is pleased to announce that, all proposed resolutions as set out in the AGM Notice have been duly approved by way of poll, reported the press-centre of Angang Steel Company.

Reference is made to the notice of annual general meeting for the year 2010 (the “AGM”) of Angang Steel Company Limited (the “Company”) dated 14 April 2011 (the “AGM Notice”).

The AGM was held at the Conference Room of Dongshan Hotel, 108 Dong Feng Street, Tie Dong District, Anshan City, Liaoning Province, the People’s Republic of China (the “PRC”). The AGM was convened and held pursuant to the applicable laws and regulations the People’s Republic of China (the “PRC”), including the Company Law, and the articles of association of the Company (the “Articles of Association”). The AGM was chaired by Mr. Yang Hua, the vice chairman of the board of directors (the “Board”) of the Company.

A total of 3 shareholders of the Company (the “Shareholders”) were present (in person or by proxy) at the AGM. Such an aggregate of 5,084,708,874 shares of the Company (the “Shares”), representing approximately 70.28% of the total number of Shares carrying voting rights. Of such Shareholders present at the AGM, (i) two were holders (or proxies of holders) of the domestic shares of the Company who held an aggregate of 4,868,548,306 Shares, representing approximately 67.29% of the total number of Shares carrying voting rights and (ii) one was a holder (or proxy of a holder) of the H shares of the Company who held an aggregate of 216,160,568 Shares, representing approximately 2.99% of the total number of Shares carrying voting rights. No Shareholder was entitled to vote only against any of the proposed resolutions, or was required (or had stated in the relevant Shareholders’ circular an intention) to abstain from attending and voting at the AGM.

Full reports see here: http://angang.wspr.com.hk/preview/?docid=11048