New York, Nov. 15, 2019 (GLOBE NEWSWIRE) -- NF Energy Saving Corporation (NASDAQ: BIMI) (“BIMI” or the "Company") today announced voting results from its 2019 Annual Meeting of Shareholders.
At the Company’s Annual Meeting of Shareholders held on November 15, 2019, the shareholders of the Company voted to (i) elect the seven individuals named below to serve as directors of the Company to hold office until the Annual Meeting of Shareholders to be held in 2020 and until their successors have been duly elected and qualified, (ii) approve the amendment to the Company’s Certificate of Incorporation to change the name of the Company to BOQI International Medical Inc., (iii) approve, on an advisory vote, the Company’s Say on Pay Vote, (iv) approve, on an advisory basis, one year as the frequency of the Company’s Say When on Pay Vote, and (v) ratify the appointment of HHC, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 28, 2019.
The votes cast by shareholders with respect to the election of directors were as follows:
Mia Kuang Ching
The votes cast by shareholders with respect to the amendment to the Company’s Certificate of Incorporation to change the name of the Company to BOQI International Medical Inc. were as follows:
The votes cast by shareholders with respect to the non-binding advisory vote approving named executive officer compensation were as follows:
The votes cast by shareholders with respect to non-binding advisory vote approving the frequency of future advisory votes on the resolution approving named executive officer compensation were as follows:
The votes cast by shareholders with respect to the ratification of the selection of HHC, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 28, 2019 were as follows:
"The Annual Meeting of Shareholders today was a milestone for us. Changing our name to BOQI International Medical Inc. reflects our new strategic focus on becoming a consumer-centric healthcare company," said Mr. Tiewei Song, the Chief Executive Officer and President of NF Energy Saving Corporation. "The management team is committed to providing accessible and high-quality healthcare to our consumers, and creating growth initiatives to position our company for a long-term success."
About NF Energy Saving Corporation NF Energy Saving Corporation (NASDAQ: BIMI) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. In February 2019, the Board of Directors of the company was reorganized following efforts led by Mr. Yongquan Bi, the company’s new Chairman, with a renewed focus on the health industry.
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