Notice of 2009 First EGM

RNS Number : 2708N

Datang Intl Power Generation Co Ld

13 February 2009

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, 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 notice.

DATANG INTERNATIONAL POWER GENERATION CO., LTD.

(a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 991)

NOTICE OF 2009 FIRST EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2009 first extraordinary general meeting (the 'EGM') of Datang International Power Generation Co., Ltd. (the 'Company') will be held at the conference room of 6/F, head office of the Company, No. 9 Guangningbo Street, Xicheng District, Beijing, the People's Republic of China (the 'PRC') on 30 March 2009 (Monday) at 11:30 a.m. to consider and, if thought fit, pass the following resolutions:

ORDINARY RESOLUTIONS

1.       To consider and approve the provision of guarantee by the Company for the financing of Fujian Datang International Ningde Power Generation Company Limited (see Note 1);

 

2.       To consider and approve the provision of guarantee by the Company for the financing of Zhejiang Datang Wushashan Power Generation Company Limited (see Note 2);

 

3.       To consider and approve the provision of guarantee by the Company for the financing of Shanxi Datang International Yungang Thermal Power Company Limited (see Note 3);

 

4.       To consider and approve the provision of guarantee by the Company for the financing of Hebei Datang International Wangtan Power Generation Company Limited (see Note 4);

 

5.       To consider and approve the provision of guarantee by the Company for the financing of Datang International (Hong Kong) Limited (see Note 5).

 

CLOSURE OF THE REGISTER OF MEMBERS OF THE COMPANY

 

Holders of H shares of the Company (“Holders of H shares”) should note that, pursuant to the articles of association of the Company (the “Articles of Association”), the register of members of the Company will be closed from 1 March 2009 to 30 March 2009 (both dates inclusive), during which period no transfer of any H shares of the Company will be registered. Holders of H shares whose names appear on the register of members of the Company on 1 March 2009 are entitled to attend and vote at the EGM. In order to be entitled to the attendance of the EGM, Holders of H shares are required to deposit the transfer document together with the relevant share certificates at the H share registrar of the Company, Computershare Hong Kong Investor Services Limited, at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong at or before 4:30 p.m. on 27 February 2009.

 

By Order of the Board

Zhou Gang

Secretary to the Board

 

Beijing, the PRC

13 February 2009

 

Notes:

 

1.       Please refer to the overseas regulatory announcement of the Company dated 11 November 2008. The board of directors of the Company (the “Board”) agreed to provide a joint-liability guarantee for the financing of the Company’s controlling subsidiary, Fujian Datang International Ningde Power Generation Company Limited (“Ningde Power Company”), in the amount of RMB1,040 million, for the replacement of bank loans and the replenishment of working capital. The other three shareholders of Ningde Power Company will provide a counter-guarantee to the Company according to their respective interests in Ningde Power Company. As the asset-to-liability ratio of Ningde Power Company exceeds 70%, the provision of guarantee by the Company to Ningde Power Company is required to be proposed to the general meeting for consideration and approval under the Rules Governing the Listing of Securities on the Shanghai Stock Exchange and the Articles of Association.

 

2.       Please refer to the overseas regulatory announcement of the Company dated 11 November 2008. The Board agreed to provide a joint-liability guarantee for the financing of the Company’s controlling subsidiary, Zhejiang Datang Wushashan Power Generation Company Limited (“Wushashan Power Company”), in the amount of RMB306 million, for the replacement of short-term loans which fall due and the replenishment of working capital. As the asset-to-liability ratio of Wushashan Power Company exceeds 70%, the provision of guarantee by the Company to Wushashan Power Company is required to be proposed to the general meeting for consideration and approval under the Rules Governing the Listing of Securities on the Shanghai Stock Exchange and the Articles of Association.

3.       Please refer to the overseas regulatory announcement of the Company dated 11 November 2008. The Board agreed to provide a joint-liability guarantee for the financing of the Company’s wholly-owned subsidiary, Shanxi Datang International Yungang Thermal Power Company Limited (“Yungang Thermal Power Company”), in the amount of RMB100 million, for the replacement of bank loans which fall due and the replenishment of working capital. As the asset-to-liability ratio of Yungang Thermal Power Company exceeds 70%, the provision of guarantee by the Company to Yungang Thermal Power Company is required to be proposed to the general meeting for consideration and approval under the Rules Governing the Listing of Securities on the Shanghai Stock Exchange and the Articles of Association.

 

4.       Please refer to the overseas regulatory announcement of the Company dated 11 November 2008. The Board agreed to provide a joint-liability guarantee for the financing of the Company’s controlling subsidiary, Hebei Datang International Wangtan Power Generation Company Limited (“Wangtan Power Company”), in the amount of RMB280 million, for the replacement of bank loans which fall due and the replenishment of working capital. As the asset-to-liability ratio of Wangtan Power Company exceeds 70%, the provision of guarantee by the Company to Wangtan Power Company is required to be proposed to the general meeting for consideration and approval under the Rules Governing the Listing of Securities on the Shanghai Stock Exchange and the Articles of Association.

 

5.       Please refer to the overseas regulatory announcement of the Company dated 11 November 2008. The Board agreed to provide a joint-liability guarantee for the financing of the Company’s wholly-owned subsidiary, Datang International (Hong Kong) Limited (“Hong Kong Company”), in the amount of HK$700 million (equivalent to approximately RMB617.47 million at then exchange rate), for the replacement of bank loans which fall due. As the asset-to-liability ratio of Hong Kong Company exceeds 70%, the provision of guarantee by the Company to Hong Kong Company is required to be proposed to the general meeting for consideration and approval under the Rules Governing the Listing of Securities on the Shanghai Stock Exchange and the Articles of Association.

 

6.       Other Matters

 

(1)     Holders of H shares of the Company should note that, pursuant to the Articles of Association, the register of members of the Company will be closed from 1 March 2009 to 30 March 2009 (both dates inclusive), during which period no transfer of any H shares will be registered. Holders of H shares whose names appear on the register of members of the Company on 1 March 2009 are entitled to attend and vote at the EGM.

 

(2)     Each of the Holders of H shares entitled to attend and vote at the EGM, is entitled to appoint one or more proxies to attend and vote on his/her behalf. A proxy need not be a shareholder of the Company.

 

(3)     If Holders of H shares have appointed more than one proxy to attend the EGM, the proxies can only exercise their voting rights by way of poll.

 

(4)     To be valid, Holders of H shares must deliver the proxy form and, if such proxy is signed by a person on behalf of the appointer pursuant to a power of attorney or other authority, a notarised copy of that power of attorney or other authority, to the Company’s H share registrar, Computershare Hong Kong Investor Services Limited of Rooms 1806-1807, 18th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong, in not less than 24 hours before the time scheduled for holding the EGM.

(5)     Holders of H shares who wish to attend the EGM are required to return the notice of attendance by hand, post, cable or fax to the Company’s office address on or before 9 March 2009. Completion and return of the notice of attendance will not preclude a shareholder of the Company from attending and voting at the EGM in person.

 

(6)     The EGM is expected to last for one hour. Attending shareholders and their proxies shall be responsible for their own travel and accommodation expenses.

 

The Company’s office address:

No. 9 Guangningbo Street,

Xicheng District,

Beijing, the PRC

Postcode: 100140

Telephone: [phone]

Fax: [phone] or (8610) 8800 8684

 

As at the date of this notice, the Directors of the Company are:

Zhai Ruoyu, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia, Guan Tiangang,
Su Tiegang, Ye Yonghui, Li Gengsheng, Xie Songlin*, Liu Chaoan*, Yu Changchun*, Xia Qing* and
Li Hengyuan*

 

*  Independent non-executive Directors

 

END

 

 

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