Reuters chemical CBI Shanghai Electric Group Co., Ltd. (hereinafter referred to as Shanghai Electric Group) in August 14, 2009 Board meeting second two-fifth, the meeting considered and adopted the Shanghai Electric Group Printing and Packaging Machinery Co., Ltd. to Japan Akiyama International Corporation capital increase resolution,glue stick and consider the adoption of the Shanghai Electric Group A shares and H shares in the semi-annual report.
Shanghai Electric Group board of directors, said: "agreed to second-ninth company approved by the Board, by the Shanghai Electric Group Printing and Packaging Machinery Co., Ltd. (hereinafter: printing and packaging company) to the Japanese Akiyama International Co., Ltd. glue gun (hereinafter: Akiyama) capital increase 2 billion yuan in the scheme amended to read: by the printing and packaging company and the Shanghai Electric International Economic and Trade Co., Ltd. (100% indirect shareholding company, hereinafter referred to as: Electric International) capital increase in proportion to the Akiyama total 2.7 billion yen (approximately 2 million yuan / $ 30,000,000), or printing and packaging companies and the replenishment of the International Electrical 1.35 billion yen, Akiyama registered capital after capital increase from the current 1.05 billion yen (approximately $ 9,000,000) increased to 37.5 billion yen ( break the contract $ 39,000,000); sources of funding for the printing and packaging companies under the holding company subsidiary of Shanghai Mechanical & Electrical Co., Ltd. to its capital increase; Electric International funds from company to raise capital, such capital increase will be a direct wholly-owned Electric International equity after. "
Shanghai Electric Group's board of directors agreed to the relevant PRC laws and regulations prepared in 2009, the company A shares of semi-annual report and summary of the Hong Kong Stock Exchange Listing Rules and other requirements of H shares of the company prepared semi-annual report 2009.