COSCO SHIPPING Optimizes Audit Committee Operations

COSCO SHIPPING Holdings Co (HK:1919) has released an update.

COSCO SHIPPING Holdings Co., Ltd. has established and refined the procedures and responsibilities of its Audit Committee to ensure effectiveness and adherence to regulatory standards. The Committee is responsible for the appointment and oversight of external auditors, ensuring their independence and objectivity. They regularly evaluate the auditors’ performance and report findings to the Board, operating without undue influence from company stakeholders.

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