Summary by Moomoo AI
On July 18, 2024, Cosco Shipping Holdings announced that the revised Company Charter, related attachments, Independent Director's Work Guidelines, and the specialized committees of the Board of Directors have become effective on the same day. These documents include Shareholder Meeting Rules, Board Meeting Rules, Board Audit Committee Meeting Rules, Board Nomination Committee Work Guidelines, Board Compensation Committee Work Guidelines, Board Risk Control Committee Meeting Rules, and Board Strategic Development Committee Work Guidelines. These changes were approved at the second meeting of the 7th Board of Directors and the 2023 Annual General Meeting of Shareholders of the Company, and became effective after filing procedures were completed with the Market Supervision and Administration Authority of the China (Tianjin) Free Trade Zone. Cosco Shipping Holdings stated that these revisions are aimed at further regulating the corporate governance structure, improving decision-making science, and the level of board decision-making.