China Commercial Credit, Inc. (NASDAQ:CCCR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders.
On December 30, 2016, China Commercial Credit, Inc. (the
Company) held its 2016 annual meeting of
stockholders (the Annual Meeting).The number of
shares of common stock entitled to vote at the Annual Meeting was
16,637,679 shares. The number of shares of common stock present
or represented by valid proxy at the Annual Meeting was
11,484,919shares.At the Annual Meeting, the following proposals
were voted on:
| 1. |
To elect Mr. Mingjie Zhao, Mr. Teck Chuan Yeo, Mr. Weiliang Jie, Ms. Boling Liu, and Mr. Long Yi (theDirector Nominees) to serve on the Companys Board of Directors until the 2017 annual meeting of stockholders of the Company; |
| 2. |
To ratify the selection of Marcum Bernstein Pinchuk LLP as the Companys independent registered public accounting firm for fiscal year ending December 31, 2016 (the Ratification of Auditors). |
All Director Nominees were elected as directors and the
Ratification of Auditors was approved. The Companys inspector of
election reported the final votes of the stockholders as follows:
| For | Against | Withheld | Abstain | |||||||||||||
| Election of Directors | ||||||||||||||||
| Mingjie Zhao | 10,737,028 | 13,656 | – | |||||||||||||
| Boling Liu | 10,628,754 | 121,930 | – | |||||||||||||
| Teck Chuan Yeo | 10,738,467 | 12,217 | – | |||||||||||||
| Weiliang Jie | 10,737,028 | 13,656 | – | |||||||||||||
| Long Yi | 10,658,034 | 92,650 | – | |||||||||||||
|
Ratification of appointment of independent registered public accounting firm |
11,414,647 | 70,272 | – | |||||||||||||
About China Commercial Credit, Inc. (NASDAQ:CCCR)
China Commercial Credit, Inc. is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co., Ltd. Its financial leasing business is conducted through Pride Financial Leasing (Suzhou) Co. Ltd (PFL). It has over three business lines including, lending, guarantee and financial leasing. For its lending and guarantee services, it provides direct loans and guarantee services, to borrowers located within City of Wujiang, Jiangsu Province of China. In its direct loan business, it provides short-term loans to the borrowers and generates interest income. In its guarantee business, it acts as a guarantor to borrowers applying for short-term direct loans with other lenders and generates fee income. China Commercial Credit, Inc. (NASDAQ:CCCR) Recent Trading Information
China Commercial Credit, Inc. (NASDAQ:CCCR) closed its last trading session down -0.05 at 1.10 with 32,649 shares trading hands.
