COSCO SHIPPING Energy Transportation Co (HK:1138) has released an update.
COSCO SHIPPING Energy Transportation Co., Ltd. has established a Special Meeting System to enhance corporate governance and protect shareholder rights, particularly those of minority shareholders. The system defines the structure and duties of independent directors who are tasked with providing unbiased judgment and professional advice to the board. Meetings of independent directors, which may be scheduled regularly or as needed, are crucial for overseeing significant corporate decisions and ensuring compliance with relevant Chinese laws and company regulations.
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