Although the current board of directors had expired at the end of last month, Gree Electric Appliances had not been reelected to the board of directors. Due to the change of the board of directors, whether or not Dong Mingzhu could continue to serve as the chairman of the board of directors, Gree Electric's board of directors was subject to public concern. The Gree Electric released the announcement for the first time yesterday. In response to this matter, it was stated that given that the company’s new board of directors, the board of directors of the board of supervisors, and the nomination of supervisor candidates are still in progress, they are in favor of relevant work arrangements and maintain the continuity and stability of the work of the board of directors and the board of supervisors. Board of Directors, Board of Supervisors The election of the general election will be postponed accordingly. At the same time, the term of office of the special committees and senior management personnel of the company's board of directors will be correspondingly delayed.
At the same time, Gree Electric stated that the company will promote the board of directors as soon as possible, change the work of the board of supervisors, and fulfill corresponding information disclosure obligations. According to the "Articles of Association" of Gree Electric Appliances, the term of office of the directors shall be calculated from the date of assuming office until the expiry of the current term of the board of directors. Up to the end of the term of office of the directors, the directors were not re-elected in a timely manner. Before the newly elected directors took office, the former directors should still perform their duties in accordance with laws, administrative regulations, departmental rules, and the Articles of Association, which means that Dong Mingzhu will continue to exercise his directorship. Long responsibilities. It is also understood that Gree Electric Appliances will hold the 2017 annual general meeting of shareholders on the afternoon of June 25. From the contents of the announcement disclosed in the announcement, it does not include the change of the board of directors.