Summary by Moomoo AI
ooil announced the establishment of the Sustainable Development Committee from September 1, 2024, and dissolved the Finance Committee and the Shareholders Committee. The newly established Sustainable Development Committee will be responsible for formulating the group's sustainable development strategy, goals, and management policies, and regularly reviewing the group's performance and progress in sustainable development. Committee members include executive director and CEO Mr. Chen Yangfan (Committee Chairman), executive director Mr. Tao Weidong, non-executive director Mr. Dong Lijun, and independent non-executive directors Mr. Zou Yaohua, Dr. Zhong Ruiming, Mr. Yang Liangyi, and Ms. Chen Ying. The functions of the dissolved Finance Committee and Shareholders Committee will be taken over by the Executive Committee to enhance corporate governance efficiency. This move demonstrates ooil's commitment to strengthening sustainable development and optimizing corporate governance structure.
