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[CGPC] Announcement regarding the important resolutions of the 115th Board of Directors and Shareholders' Meeting for the key subsidiary, China General Plastics Polymer Corp.

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China General Plastics Polymer Corp held its annual general meeting on May 19, 115, approving the 114 annual financial report, amendments to asset acquisition and disposal procedures, and the lifting of non-compete restrictions for directors.

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Frequently Asked Questions

Q: How is the shareholder meeting conducted for China General Plastics Polymer Corp?
A: As the company has a single corporate shareholder, the powers of the shareholder meeting are exercised by the Board of Directors according to law.
Q: Were asset disposal procedures discussed in this meeting?
A: Yes, an amendment to the 'Procedures for Acquisition or Disposal of Assets' was approved.
Q: Was there any change regarding non-compete restrictions for directors?
A: Yes, a resolution to lift non-compete restrictions for directors was approved.