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COSCO SHIPPING Energy Shareholders Approve All EGM Resolutions and New Non-Executive Director

Story Highlights
  • COSCO SHIPPING Energy shareholders approved all resolutions at the latest extraordinary general meeting.
  • Shareholders confirmed Ms. Ma Yuanru as non-executive director, reinforcing board governance alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
COSCO SHIPPING Energy Shareholders Approve All EGM Resolutions and New Non-Executive Director

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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has shared an announcement.

COSCO SHIPPING Energy Transportation Co., Ltd. announced that all resolutions proposed at its extraordinary general meeting held in Shanghai on 23 December 2025 were approved by shareholders through a poll, reflecting strong procedural support for the company’s current strategic and operational agenda. Among the resolutions, shareholders ratified the appointment of Ms. Ma Yuanru as a non-executive director for the remainder of the current board term, a move that may influence board oversight and governance as the group continues to manage major charter-party and right-of-use asset arrangements, with controlling shareholder COSCO SHIPPING and its associates abstaining from voting on related-party items in line with listing rules.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$12.90 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

More about COSCO SHIPPING Energy Transportation Co

COSCO SHIPPING Energy Transportation Co., Ltd. is a PRC-incorporated, Hong Kong-listed company engaged in energy transportation, primarily operating tanker and related shipping services for oil and other energy commodities. It serves both domestic and international markets, leveraging its position within the COSCO SHIPPING group to participate in large-scale chartering and long-term energy logistics arrangements.

Average Trading Volume: 26,324,586

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$66.01B

For detailed information about 1138 stock, go to TipRanks’ Stock Analysis page.

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