UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
On December 6, 2021, CBAK Energy Technology, Inc. (the “Company”) held the 2021 annual meeting of stockholders of the Company (the “Annual Meeting”) at the Company’s headquarters in Dalian, China. Holders of the Company’s common stock at the close of business on October 8, 2021 (the “Record Date”) were entitled to vote at the Annual Meeting. As of the Record Date, there were 88,411,184 outstanding shares of common stock entitled to vote. A total of 61,705,784 shares of common stock (69.79%), constituting a quorum, were represented in person or by valid proxies at the Annual Meeting.
The stockholders voted on three proposals at the Annual Meeting. The proposals are described in detail in the Company’s definitive proxy statement dated October 12, 2021 and the relevant portions of which are incorporated herein by reference. The final results for the votes regarding each proposal are set forth below.
Proposal 1: The Company’s stockholders elected five directors to the Board of Directors of the Company to serve until the 2022 annual meeting of stockholders. The votes regarding this proposal were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||
| Yunfei Li | 46,089,405 | 296,074 | 129,577 | 15,190,728 | ||||||||
| J. Simon Xue | 45,238,999 | 1,069,366 | 206,691 | 15,190,728 | ||||||||
| Martha C. Agee | 44,490,285 | 1,881,030 | 143,741 | 15,190,728 | ||||||||
| Jianjun He | 44,410,233 | 1,893,523 | 211,300 | 15,190,728 | ||||||||
| Xiangyu Pei | 46,021,503 | 280,122 | 213,431 | 15,190,728 |
Proposal 2: The Company’s stockholders ratified the appointment of Centurion ZD CPA & Co. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021. The votes regarding this proposal were as follows:
| Votes For | Votes Against | Abstentions | |||
| 60,552,315 | 868,073 | 285,396 |
Proposal 3: The Company’s stockholders voted to approve an amendment to the Company’s Articles of Incorporation to authorize 10,000,000 shares of preferred stock, par value $0.001 per share of the Company, which may be issued in one or more series, with such rights, preferences, privileges and restrictions as shall be fixed by the Company’s Board of Directors from time to time. The votes regarding this proposal were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 46,770,812 | 2,739,012 | 80,926 | 12,115,034 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CBAK ENERGY TECHNOLOGY, INC. | ||
| Date: December 7, 2021 | By: | /s/Xiangyu Pei |
| Xiangyu Pei | ||
| Interim Chief Financial Officer | ||
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