Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 23, 2021
Pingtan Marine Enterprise Ltd. (Nasdaq: PME) will hold its Annual General Meeting (AGM) on December 23, 2021, at 10:00 a.m. China Standard Time in Fuzhou, China.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Pingtan Marine Enterprise Ltd. (Nasdaq: PME) will hold its Annual General Meeting (AGM) on December 23, 2021, at 10:00 a.m. China Standard Time in Fuzhou, China. Shareholders will vote on several proposals, including the election of two Class C directors to the Board, and the ratification of Wei, Wei & Co, LLP as the independent accounting firm for the year ending December 31, 2021. Only shareholders of record as of November 3, 2021, are entitled to attend the meeting.
Positive
- Approval of two Class C directors will strengthen corporate governance.
- Ratification of the independent accounting firm indicates a commitment to transparency.
Negative
- None.
Details
News Market Reaction – PME
The recorded move for PME in the trading session of this news was -7.64%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
FUZHOU, China, Dec. 20, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that the Company will hold its Annual General Meeting of Members ("AGM") on December 23, 2021, at 10:00 a.m. China Standard Time. The meeting will be held at 18 Floor, Zhongshan Building A, No. 154 Hudong Road, Fuzhou, Fujian, People's Republic of China.
At the meeting, the following proposals will be submitted to shareholders to vote upon, as fully described in the proxy statement filed with the U.S. Securities and Exchange Commission and first made available to shareholders on November 12, 2021:
- The election of two Class C directors to the Board of Directors and to serve for a three-year term to expire at the 2024 annual general meeting or until his successor is duly elected and qualified;
- The ratification of the appointment of Wei, Wei & Co, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021; and
- Transacting such other business as may properly come before the meeting or any adjournment or postponement thereof.
Only shareholders of record of the Company's ordinary shares at the close of business on November 3, 2021, will be entitled to receive notice of and attend the AGM and any adjournment or postponement thereof.
About Pingtan
Pingtan is a fishing company engaging in ocean fishing through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., or Pingtan Fishing.
CONTACT:
LiMing Yung (Michael)
Chief Financial Officer
Pingtan Marine Enterprise Ltd.
Tel: +86 591 87271753
michaelyung@ptmarine.net
Maggie Li
Investor Relations Manager
Pingtan Marine Enterprise Ltd.
Tel: +86 591 8727 1753
mli@ptmarine.net
INVESTOR RELATIONS
PureRock Communications Limited
PTmarine@pure-rock.com
View original content:https://www.prnewswire.com/news-releases/pingtan-marine-enterprise-to-hold-annual-general-meeting-of-members-on-december-23-2021-301448077.html
SOURCE Pingtan Marine Enterprise Ltd.
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