[ET Net News Agency, 16 September 2019] COSCO SHIPPING Ports Limited (01199) said with
effect from 13 September 2019, Zhang Wei has resigned as an executive director, chairman
of the board and managing director of the company, and will cease to as an authorised
representative of the company, an agent of the company for the service of process in Hong
Kong, and the chairman of the executive committee, the investment and strategic planning
committee and the risk management committee, and a member of the nomination committee and
the remuneration committee of the company due to work commitments.
Feng Boming, a non-executive director of the company, has been re-designated as an
executive director of the company and appointed as the chairman of the board, an
authorised representative, a process agent, and the chairman of the executive committee
and the investment and strategic planning committee, and a member of the nomination
committee and the remuneration committee of the company.
Zhang Dayu has been appointed as an executive director, the managing director, a member
of the executive committee and the chairman of the risk management committee of the
company. (RC)