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COSCO SHIPPING Development Co. Announces EGM Resolution Approval

Story Highlights
  • COSCO SHIPPING Development Co. operates in the shipping industry, focusing on development and investment.
  • The company successfully passed a resolution at its EGM, appointing Mr. Wang Kunhui as an executive director.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
COSCO SHIPPING Development Co. Announces EGM Resolution Approval

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COSCO SHIPPING Development Co ( (HK:2866) ) has provided an update.

COSCO SHIPPING Development Co., Ltd. announced the successful passing of a resolution at its Extraordinary General Meeting (EGM) held on October 13, 2025. The resolution involved the appointment of Mr. Wang Kunhui as an executive director. The meeting saw participation from shareholders holding approximately 49.86% of the total voting shares. The EGM was conducted with a combination of on-site and online voting, ensuring compliance with relevant laws and regulations. This development is likely to impact the company’s governance and strategic direction.

More about COSCO SHIPPING Development Co

COSCO SHIPPING Development Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates within the shipping industry, focusing on development and investment in shipping and related services.

YTD Price Performance: 12.11%

Average Trading Volume: 25,275,106

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$31.55B

For detailed information about 2866 stock, go to TipRanks’ Stock Analysis page.

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