Hello. Hi, everyone. Welcome, everyone. I can see a lot of shareholders, a lot of names appear on the screen. Well, welcome to the 2022 annual general meetings of Gracell Biotechnologies. I am William Cao, Chief Executive Officer of Gracell Biotechnologies. As the Chairman of the board, I will act as the chairman of the meeting. In accordance with the company's currently effective articles of association, Ms. Erin Lee, General Counsel of Gracell Biotechnologies, will act as the Secretary of the meeting. According to the company's article of association, at least two holders of shares being not less than aggregate of 50% of all votes attaching to all shares being issued and entitled to vote, present in person or by proxy, or if a corporation or other non-natural person by its duly authorized representative, shall be a quorum for all purposes. As we have a quorum, I declare the meeting open. Okay. I would now like to start the formal proceedings of the annual general meeting. The notice of annual general meeting, together with the form of proxy, was posted to shareholder on or about August 1, 2022. Accordingly, the requisite notice of the meeting has been given. Voting today will be done by way of a poll on the resolution put to the meeting. The polls will be taken at the end of the meeting when the resolution has been proposed. We will now proceed to vote on the resolution, which I will formally propose to the meeting. The full text of the resolution is set out in the notice of meeting, a copy of which you will have received. Each of the resolution is proposed as an ordinary resolution and require a simple majority to pass. I now propose the resolution as follows. The Proposal one proposes that Dr. Guotong Xu be re-elected as Class II Director of the company. The Proposal number two proposes that Dr. David Guowei Wang be re-elected as Class II Director of the company. We will now conduct the poll on the resolutions just proposed to the meeting. Each shareholder and proxy present will have been issued with a poll card marked with their name. You have three options for each resolution. You can vote for the resolution, against the resolution, or you may withhold your vote, like abstain from voting on the resolution. A vote withheld is not a vote in law and will not be counted in the calculation of the quotient of votes for or against a resolution. If you have already lodged a proxy, you do not need to take any further action unless you want to change your vote. If no one declare that you want to change your vote, I now declare the poll closed and announce the results. Okay. Proposal one, 355,543,062 votes were casted for the resolution, including 323,661,590 votes casted via discretionary voting proxy given by the Bank of New York Mellon Depositary Bank to the chairman, accounting for an approximately 99.77% of the total votes at the meeting. 462,330 votes were cast against the resolution, accounting for approximately 0.1% of the total votes at the meeting. 358,814 votes were cast for abstain, accounting for approximately 0.1% of the total vote at the meeting. Proposal 2, 334,226,167 votes were cast for the resolution, including 241,883,590 votes cast via discretionary voting proxy given by the depository to the chairman, accounting for approximately 93.8% of the total votes at the meeting. 21,783,770 votes were cast against the resolution, accounting for approximately 6.1% of the total votes at the meeting. 354,269 votes were cast for abstain, accounting for approximately 0.1% of the total votes at the meeting. Based on these results, Gracell shareholders re-elected each of Dr. Guotong Xu and Dr. David Guowei Wang as Class II Director of the company. The result of the poll will be released and published on the company's website as soon as reasonably practicable following the meeting and announced by the filing of the current report on Form 6-K promptly after meeting. Okay. That concludes the business of this meeting. Now I declare the meeting closed. Do we have any Q&A session? There is no Q&A session. Okay. Okay. Thank you all for the generous- Everyone, shareholders who attend the meeting, thank you very much. Bye-bye.
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