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HK Bourse: Announcement From Xiamen International Port Co. Ltd. -11-

28 Aug 2017 12:24 am
 
 
 
Domestic shares                                             1,739,500,000                  63.81 
H shares                                                      986,700,000                  36.19 
 
Total                                                       2,726,200,000                 100.00 
 
There was no movement in the share capital of the Company during the six months ended 30 June 
2017. 
 
INTERIM DIVIDEND 
 
The Board did not recommend the payment of any interim dividend during the six months ended 30 
June 2017 (same period of 2016: Nil). 
 
SHARE OPTION SCHEME 
 
The Company did not adopt any share option scheme. 
 
PURCHASE, SALE OR REDEMPTION OF SECURITIES 
 
During the six months ended 30 June 2017, the Group did not purchase, sell or redeem any listed 
securities of the Company. 
                                                25 
MAJOR ACQUISITION AND DISPOSAL 
 
Save for (i) Xiamen Terminal Group (a non-wholly owned subsidiary of the Company) completed 
the acquisition of 20% equity interest held by Initial Sun Limited in Xinhaida Terminal, and (ii) 
Xiamen Terminal Group and HXC entered into an agreement on 15 May 2017 pursuant to which 
the parties agreed to act in accordance with the agreed mechanism entered into by the parties with 
regard to the approval of special corporate matters of XICT by the board of directors of XICT, and 
hence XICT has been accounted for as a subsidiary of the Group in accordance with the HKFRS 
as set out in the section titled "Management Discussion and Analysis" of this announcement, the 
Group did not make any major acquisitions or disposals of its subsidiaries, joint ventures and 
associated companies for the six months ended 30 June 2017. 
 
CORPORATE GOVERNANCE 
 
Compliance with the Corporate Governance Code 
 
The Company is committed to maintaining a high level of corporate governance standards to 
enhance the transparency of corporate governance and to ensure better protection of the interests of 
the shareholders as a whole. 
 
The Company has been complying with the code provisions set out in the Corporate Governance 
Code (the "Corporate Governance Code") contained in Appendix 14 to the Listing Rules and has 
adopted the Corporate Governance Code. For the six months ended 30 June 2017, the Company 
had complied with all the code provisions and most of the recommended best practices set out in 
the Corporate Governance Code. Also, so far as was known to the Directors, no incident of non- 
compliance of the Corporate Governance Code was noted by or reported to the Company. 
 
Code for Securities Transactions by Directors and Supervisors 
 
The Company originally adopted the Model Code set out in Appendix 10 to the Listing Rules, 
and with regard to the Company's actual circumstances, the Company prepared a Model Code for 
Securities Transactions by Directors for Xiamen International Port Co., Ltd (the "Code") on terms 
no less than the required standard set out in the Model Code. The Code was adopted as the code 
of conduct for securities transactions by the Directors, Supervisors and senior management of the 
Company after the consideration and approval by the Board. Upon making specific enquiries to all 
Directors, Supervisors and senior management, the Company confirmed that they had complied 
with the standards required in the Model Code and the Code throughout the six months ended 
30 June 2017, and the Company had not been aware of any violations of this kind during the six 
months ended 30 June 2017. 
 
THE REVIEW OF THE INTERIM RESULTS IN 2017 
 
The Company's external auditor PricewaterhouseCoopers and the Company's Audit Committee 
have reviewed the Group's interim results for the six months ended 30 June 2017. 
 
 
 
 
                                                 26 
PUBLICATION OF INTERIM RESULTS AND INTERIM REPORT 
 
The electronic version of this announcement will be published on the websites of "HKExnews" 
(http://www.hkexnews.hk) and the Company (http://www.xipc.com.cn). The Company will timely 
dispatch the interim report for the six months ended 30 June 2017, which contains the information 
required under Appendix 16 to the Listing Rules, to shareholders of the Company and publish it on 
the websites of "HKExnews" and the Company. 
 
 
 
Source: Hong Kong Exchanges & Clearing 
 
 

(END) Dow Jones Newswires

August 27, 2017 20:24 ET (00:24 GMT)
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