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Newater Held its Annual General Shareholder Meeting on Oct 30, 2019
Date:2019-11-01
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YANTAI, ChinaOct. 30, 2019 /PRNewswire/ -- Newater Technology, Inc. (NASDAQ: NEWA) ("Newater," "NEWA," "we," "our" or the "Company"), a developer, manufacturer and service provider of DTRO products and integrated systems, successfully held its 2019 Annual General Shareholder Meeting on its new campus located at 1 Ruida Road, Laishan District, Yantai, Shandong P.R.C. A quorum was present and two proposals were submitted to and approved by the shareholders. The proposals are described in detail in the Company's Proxy Statement filed with the U.S. Securities and Exchange Commission on September 18, 2019. The final results for the votes regarding each proposal are set forth below.

1. Shareholders elected two (2) Class C directors to the Company's Board of Directors to serve terms ending at the third succeeding annual meeting of stockholders in 2022 or until their respective successors are duly elected and qualified. The votes for each of the nominees were as follows:


For

Withhold

Yuebiao Li (Class C director)

7,451,850

4,646

Zhuo Zhang (Class C director)

7,451,850

4,646

2. Shareholders ratified the selection of MaloneBailey, LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2019. The votes regarding this proposal were as follows:

For

Against

Abstained

7,450,010

2,023

4,463


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