CNE Holds a Special Meeting of Shareholders

On the morning of June 20th, Mr. Liu Shunxing, Chairman of the Board of Concord New Energy (CNE), chaired a special meeting of shareholders to discuss and vote on the bill concerning the distribution and issue of 113 million newly awarded shares to 32 selected personnel including company directors and senior managers. The executive directors and independent directors all attended the meeting. The bill was passed following the vote of the shareholders. The shareholders’ meeting came to a successful conclusion.