The 2013 1st Extraordinary General Meeting of China COSCO Holdings Co., Ltd. (the "Company") was held in form of video-teleconference in Beijing and Hong Kong on the morning of April 26, 2013. The meeting was attended by Capt. Wei Jiafu, Chairman of the Company, Company directors including Mr. Li Yunpeng, Madam Sun Yueying, Mr. Sun Jiakang, Mr. Xu Minjie, Mr. Jiang Lijun, Company independent directors including Mr. Teo Siong Seng, Madam Rita Fan Hsu Lai Tai, Mr. Kwong Che Keung and Mr. Peter Guy Bowie, along with Mr. Song Dawei-Chairman of the Board of Supervisors, other members of the Supervisory Committee including Mr. Ma Jianhua, Mr. Luo Jiulian, Mr. Meng Yan, independent supervisors Mr. Zhang Jianping, executive vice presidents of the Company Mr. Xu Zunwu, Mr. Wang Xingru and Mr. Zhang Jiqing, Mr. Feng Jinhua-CFO of the Company, Mr. Wang Xiaodong-Assistant to the General Manager and Madam Michelle Hung Man-Joint Company Secretary and Mr. Guo Huawei-Secretary of the Board. Vice Chairman Ma Zehua, Company director Ye Weilong attended the meeting in form of telephone conference. A total of 43 shareholders and representatives of shareholders also attended the meeting.
The Extraordinary General Meeting adopted, in the form of ordinary resolution, three proposals including the proposed disposal of 100% equity interest in COSCO Logistics Co., Ltd. by China COSCO Holdings Company Limited to China Ocean Shipping (Group) Company and the signing of related agreements, the signing of the proposed Equity Transfer Agreement in relation to the sale and transfer of 100% equity interests in COSCO Logistics Co., Ltd. by COSCO Group and China COSCO and the proposed arrangement for external guarantee of China COSCO headquarters.