Summary by Futu AI
China Ocean Oil Co., Ltd. announced that Mr. Zhou Xin Wai will serve as Vice Chairman of the Company from May 8, 2024. Mr. Zhou has extensive industry experience and has held several important positions at China Marine Oil Group since 1996, including Liaodong Bay Exploration Project Manager, Tianjin Branch Technical Department of China Petroleum (China) Co., Ltd., Liaodong Bay Exploration Project Manager, Technical Department, etc. He was appointed Executive Director and Chief Executive Officer of China Marine Oil in April 2022, and a member of the Strategy and Sustainability Committee in August of the same year. Mr. Chow's service agreements with the Company are governed by the Listing Rules and the Articles of Association and may be terminated by any party with one month's notice. The Board congratulates Mr. Zhou on his appointment.