CQME Held the Pre-job Training for the Newly Nominated Directors, Supervisors and the Newly Appointed Senior Management

     In accordance with Code of Corporate Governance Practices and related statutory procedures, Chongqing Machinery & Electric Co., Ltd. held the pre-job training for the newly nominated directors, supervisors and the newly appointed senior management in the morning of 28 March 2013 at the 16F conference room in order to make the newly nominated directors, supervisors and the newly appointed senior management to fully understand its responsibility under the Listing Rules and other laws and regulations. Mr. Simon, an attorney from Jun He Law Office and Mr. Chen Xianzheng, executive director and the secretary to the board, are the lecturer of this training.

     Mr. Simon focused on explaining the responsibility and obligation of directors of a company listed in HK, the responsibility of directors, supervisors and senior management on the term of price-sensitive information disclosure obligation, all the requirements and suggestions concerning the corporate governance, and the details about connected transaction, notifiable transaction, code of corporate governance, guidelines on disclosure of inside information, mode code for securities transactions by directors of listed issuers, etc. 

     Mr. Chen detailedly introduced 2012 corporate governance of CQME, including the corporate governance structure, operation situations of shareholder’s meeting, board of directors, board of supervisors, and management, investor relations management, information disclosure, etc. Mr. Chen highly appreciated the good, logical and effective corporate governance of CQME. 

    The office of the Board of CQME is responsible for this training. Mr. Deng Yong and Mr. Ren Yong, two newly nominated directors, Mr. Yang Mingquan and Mr. Wang Pengcheng, two newly nominated supervisors, and Mr. Xiang Hu, newly appointed senior management, attended this training.