COSCO SHIPPING Development Co (HK:2866) has released an update.
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COSCO SHIPPING Development Co., Ltd. announced the proposed resignation of Ms. Zhang Weihua as an independent non-executive Director due to the expiration of her six-year term, in compliance with regulatory limits. The company expressed appreciation for Ms. Zhang’s contributions and is actively seeking a suitable replacement to maintain compliance with Hong Kong Stock Exchange listing rules. Ms. Zhang’s resignation is contingent upon shareholder approval of a new appointee.
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