PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

RNS Number : 4857Z
Air China Ld
31 August 2018
 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or      in reliance upon the whole or any part of the contents of this announcement.

 

 

 

中國國際航空股份有限公司

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 00753)

 

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

 

Air China Limited (the "Company") announces that, according to the requirements of regulatory authorities and the operational needs of the Company, the board of directors of the Company  has resolved on 30 August 2018 to propose to amend the Company's scope of business and the articles of association of the Company (the "Articles of Association").

 

The following corresponding amendments are proposed to be made to Article 13 of the Articles of Association:

 

 

Existing article

Amended article

(Proposed amendments being underlined)

Article 13 The Company's scope of business

Article 13 The Company's scope of business

shall be consistent with and subject to the scope

shall be consistent with and subject to the scope

of business approved by the authority

of business    approved   by   the   authority

responsible for the registration of the Company.

responsible for the registration of the Company.

 

 

Existing article

Amended article

(Proposed amendments being underlined)

The Company's scope of business includes:

The Company's scope of business includes:

International and domestic scheduled and

International and domestic scheduled and

unscheduled air passenger, air cargo, mail and

unscheduled air passenger, air cargo, mail and

Luggage transportation; domestic and

luggage transportation;domestic and

International business aviation services;

international business aviation services;

management and administration of aircraft,

management and administration of aircraft,

aircraft maintenance, repair and overhaul

aircraft maintenance, repair and overhaul

services, business agency among airlines

services, business agency among airlines

companies; and ground services, air express

companies; and ground services, air express

service (other than mails and objects of the

service (other than mails and objects of the

same nature as mails) related to the main

same nature as mails) related to the main

business; onboard duty free items, retail of

business; onboard duty free items, retail of

goods onboard and underwriting the aviation

goods onboard and underwriting the aviation

accident insurance; hotel, catering services and

accident insurance; hotel, catering services;

hotel management; undertaking exhibitions;

import  and    export businesses; and hotel

conference services; business services; property

management;undertaking exhibitions;

management; design, production, agency and

conference services; business services; property

publish of advertisement; technology training;

management; design, production, agency and

lease of self-owned property; lease of aircraft,

publish of advertisement; technology training;

engines and aged mechanical parts; sale of

lease of self-owned property; lease of aircraft,

consumer products, handicrafts, souvenirs;

engines and aged mechanical parts; sale of

import and export businesses. (The projects,

consumer products, handicrafts, souvenirs;

which are subject to approval in accordance

import and export businesses. (The projects,

with the laws, shall be operated only after

which are subject to approval in accordance

receiving approval from relevant administrative

with the laws, shall be operated only after

authorities.)

receiving approval from relevant administrative authorities.) rental of machinery and equipment;

 

accommodation; catering services; sales of

 

Handicrafts and souvenirs; wholesale of

 

agriculture, forestry, animal husbandry and

 

fishery products, wholesale of food, beverages

 

and tobacco products, wholesale of textiles,

 

clothing and household goods, wholesale of

 

culture, sporting goods and equipment,

 

Wholesale of mineral products, building

 

materials and chemical products, wholesale of

 

Machinery and equipment, hardware and

 

electronic products, general retail, special retail

 

of food, beverage and tobacco products, special

 

retail of textiles, clothing and daily necessities,

 

special retail of cultural and sporting goods and

 

equipment, sales of automobiles, motorcycles,

 

spare parts and fuels and other types of energy

 

resources, special retail of household appliances

 

and electronics, special retail of hardware,

 

furniture and interior decoration materials, and

 

Internet retailing.(Catering services,

 

accommodation and other projects subject to

 

approval in accordance with the law shall be

 

operated with the approval of relevant

 

authorities to the extent authorized by the

 

approval.)

 

The proposed amendments to the Articles of Association are prepared in the Chinese language and        the English version is therefore a translation only. In the event  of  any  discrepancy  between  the  English translation and the Chinese version of the Articles of Association, the Chinese version shall prevail.

 

The above proposed amendments to the Articles of Association are subject to shareholders' approval      at the general meeting of the Company by way of a special resolution. A circular containing, among others, details of the proposed amendments to the Articles of Association will be despatched to the shareholders of the Company in due course.

 

By Order of the Board

Air China  Limited Zhou Feng       Tam Shuit Mui

                                                                                                         Joint Company Secretaries

 

Beijing, the PRC, 30 August 2018

 

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Xue Yasong, Mr. John Robert Slosar, Mr. Wang Xiaokang*, Mr.  Liu  Deheng*,  Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

 

* Independent non-executive director of the Company


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