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CHINA CARBON GRAPHITE GROUP, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

July 3, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 30, 2014, the registrant held a special meeting of shareholders. Set forth below is a brief description of each matter voted upon at the meeting and the voting results with respect to each such matter.

1. To approve the sale of the registrant's graphite raw material and electrode manufacturing business (the "Business"), through the sale of all of the contractual rights and obligations that Xinghe Yongle Carbon Co., Ltd. has under a series of agreements that it entered into with Xinghe Xingyong Carbon Co., Ltd. and its shareholders, to Messrs. Dengyong Jin and Benhua Du (the "Purchasers") as contemplated by the asset purchase agreement between the registrant and Purchasers, dated as of June 10, 2014. For Against Abstentions 18,726,579 191,473 5,670 2. To approve the adjournment or postponement of the special meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the proposal to sell the Business. For Against Abstentions 18,711,579 205,473 6,670



Pursuant to the foregoing votes, each of the above matters was approved.

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Source: Edgar Glimpses


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