China Electronics Corporation Holdings Company Limited Announces Retirement of Yin Yongli as Director; Approves Dividend for the Year Ended December 31, 2013
Mr. Yin Yongli did not seek for re-election as Director due to age at the AGM when he is due to retire by rotation in accordance with the bye-laws of the company. Mr. Yin has retired as a director of the company after the conclusion of the AGM. Following his retirement, Mr. Yin also ceased to be a member of the audit committee, and the remuneration and nomination committee of the company. The company is in the process of identifying suitable candidate to fill the vacancy following the retirement of Mr. Yin.