UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C.
20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): July 21, 2011 (July 15, 2011)
CHINA SHENGDA PACKAGING GROUP
INC.
(Exact name of registrant as specified in its
charter)
Nevada | 001-34997 | 26-1559574 |
(State of Incorporation) | (Commission File No.) | (IRS Employer ID No.) |
No. 2 Beitang Road
Xiaoshan Economic and
Technological Development Zone
Hangzhou, Zhejiang Province
311215
People's Republic of China
(Address of
Principal Executive Offices)
86 - 571-82838805
(Registrants
Telephone Number, Including Area Code)
___________________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 5.07. Submission of Matters to a Vote of Security Holders.
On July 15, 2011, China Shengda Packaging Group Inc. (the Company) held an annual meeting (the Annual Meeting) of its shareholders at which a majority of the Companys shareholders (i) elected each of the persons listed below to serve as a director of the Company for a term that will continue until the next annual meeting of stockholders, until a successor has been duly elected and qualified or the directors earlier resignation, death or removal, (ii) ratified the appointment of Marcum Bernstein & Pinchuk LLP (Marcum BP) to serve as the Companys independent registered public accounting firm for 2011, (iii) approved, on a non-binding, advisory basis, a resolution approving the compensation of the Companys named executive officers described under the heading Executive Compensation in the Companys proxy statement, and (iv) selected, on a non-binding, advisory basis, to hold an advisory shareholder vote on the compensation of the Companys named executive officers on an annual basis.
The tabulation of voting results at the Annual Meeting is as follows:
Proposal 1: The election of directors
Votes | Broker | ||||
Name | Votes For | Withheld | Against | Abstentions | Non-Votes |
Nengbin Fang | 29,371,015 | - | - | 33,118 | - |
Congyi Fang | 29,371,775 | - | - | 32,358 | - |
Zhihai Mao | 29,372,033 | - | - | 32,100 | - |
Michael Zhang | 29,371,775 | - | - | 32,358 | - |
Yaoquan Zhang | 29,371,015 | - | - | 33,118 | - |
Proposal 2: The ratification of the appointment of Marcum BP as the Companys independent registered public accounting firm for 2011
Votes | Broker | ||
Votes For | Against | Abstentions | Non-Votes |
29,374,133 | 29,000 | 1,000 | - |
Proposal 3: Advisory, non-binding, vote on executive compensation
Votes | Broker | ||
Votes For | Against | Abstentions | Non-Votes |
28,719,615 | 42,518 | 642,000 | - |
Proposal 4: Advisory, non-binding, vote on the frequency of an advisory vote on executive compensation
Three | Broker | |||
One Year | Two Years | Years | Abstentions | Non-Votes |
13,819,330 | 5,900 | 10,761,055 | 4,817,848 | - |
In light of the voting results, the Company will hold an annual vote on the compensation of named executive officers in accordance with the stockholders recommendation.
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.
Date: July 21, 2011 | |
CHINA SHENGDA PACKAGING GROUP INC. | |
By:/s/ Daliang Teng | |
Daliang Teng | |
Chief Executive Officer |