NF ENERGY SAVING CORPORATION (NASDAQ:NFEC) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 — Submission of Matters to a Vote of Security Holders
The 2017 Annual Meeting of Stockholders (the “Annual Meeting”) of NF Energy Saving Corporation (the “Company”) was held on July 20, 2017.
The Company’s stockholders voted on two proposals as follows: to elect Company directors for the ensuing year (Proposal 1); and to ratify the selection by the Audit Committee of the Company’s Board of Directors of HKCMCPA Company Limited as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017 (Proposal 2).
All nominees for election to the Board as Directors were elected to serve until the 2018 Annual Meeting of Stockholders and until their respective successors are elected and qualified, or until such director’s earlier death, resignation or removal. The stockholders also approved Proposal 2. The number of votes cast for, against or withheld and the number of abstentions and broker non-votes with respect to each Proposal is set forth below.
| Proposal 1 |
Shares For |
Shares Withheld |
Broker Non-Votes |
| Gang Li | 2,868,844 | 8,400 | 1,124,630 |
| Lihua Wang | 2,868,844 | 8,400 | 1,124,630 |
| Mia Kuang Ching | 2,868,844 | 8,400 | 1,124,630 |
| Jianxin (Jason) Wang | 2,868,844 | 8,400 | 1,124,630 |
| Zhuting Liu | 2,868,844 | 8,400 | 1,124,630 |
| Shares For | Shares Against | Shares Abstaining | Broker Non-Votes | |
| Proposal 2 | 3,941,481 | 60,193 | -0- |
About NF ENERGY SAVING CORPORATION (NASDAQ:NFEC)
NF Energy Saving Corporation is a provider of energy services. The Company’s principal business is the production and sales of energy-saving flow control equipment, and intelligent flow control equipment. The Company operates through two segments: Heavy manufacturing business and Energy-saving related business. The Heavy manufacturing business segment includes production of valves components and the provision of valve improvement and engineering services. The Energy-saving related business segment includes provision of energy-saving related re-engineering and technical services, and long-term construction project. It provides equipment related to desulfurization, denitration and dust removal for electric power generation, metallurgy, petrochemical, steel, cement and heating supply industries, and provides consulting services, such as energy efficiency optimization design, energy consuming equipment retrofit and engineering, equipment maintenance and services, and energy management.