Summary by Futu AI
Cosco Shipping Holdings Co., Ltd. announced that the working rules of its board of directors nomination committee have been reviewed and approved in the second meeting of the seventh board of directors. The rules aim to regulate the appointment procedures of company directors and general managers, improve the corporate governance structure, and strengthen the scientific level of board decision-making. The nomination committee is mainly responsible for nominating candidates for directors and general managers, and conducting research, review, and recommendation on their qualifications. The committee is composed of three to five directors, the majority of whom must be independent non-executive directors. The term of the committee is consistent with that of the directors, and its decisions require the approval...Show More