On December. 19, 2012, the 3rd Extraordinary General Meeting of China COSCO Holdings Co., Ltd. (the "Company") was held in form of video-teleconference in Beijing and Hong Kong. The meeting was hosted by Capt. Wei Jiafu, Chairman of the Company, and was attended by Mr. Ma Zehua, Vice Chairman of the Company, company directors including Mr. Li Yunpeng, Madam Sun Yueying, Dr. Sun Jiakang, Mr. Xu Minjie, Mr. Ye Weilong and Mr. Jiang Lijun, and Company independent directors including Mr. Teo Siong Seng, Madam Rita Fan Hsu Lai Tai, Mr. Kwong Che Keung and Mr. Peter Guy Bowie.
The meeting was also attended by Mr. Song Dawei, Chairman of the Supervisory Committee, Mr. Gao Ping and Mr. Luo Jiulian, Supervisors of the Company, Dr. Meng Yan, Independent Supervisor of the Company; executive vice presidents of the Company including Mr. Xu Zunwu, Mr. Wan Min, Mr.Wang Xingru and Mr. Zhang Jiqing; Mr. Feng Jinhua, CFO of the Company, Mr. Guo Huawei, Secretary of the Board, Mr. Wang Xiaodong, Assistant to the President, and Madam Hung Man, Joint Secretary of the Company. A total of 30 shareholders and representatives of shareholders also attended the meeting.
The Extraordinary General Meeting adopted two proposals in the form of ordinary resolution: 1. the Proposal for Renewal of 2013-2015 General Agreement on APM Shipping and Terminal Service by COSCO Pacific and Application for Upper Limit of Contract Value; 2. the Proposal for Renewal of 2013-2015 General Agreement on Finance Lease by COSCO Pacific and Application for Upper Limit of Contract Value.