COSCO SHIPPING Development Co (HK:2866) has released an update.
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COSCO SHIPPING Development Co., Ltd. has announced the resignation of Mr. Lu Jianzhong from his position as an independent non-executive Director after serving his six-year term limit. Mr. Lu’s positions, including chairman of the audit committee and member of the risk and compliance management committee, will be filled by Mr. Shao Ruiqing effective from 16 July 2024. The company assures that this change will not impact the board’s statutory quorum or the company’s operations, and expresses gratitude to Mr. Lu for his contributions.
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