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CSSC Offshore & Marine Engineering Proposes New Non-Executive Director and Strategy Committee Member

Story Highlights
  • CSSC Offshore & Marine Engineering plans to appoint industry veteran Cheng Bolin as non-executive director.
  • Subject to shareholder approval, Cheng will join the board’s strategy committee, strengthening governance and strategic oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSSC Offshore & Marine Engineering Proposes New Non-Executive Director and Strategy Committee Member

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CSSC Offshore & Marine Engineering (Group) Company Limited Class H ( (HK:0317) ) just unveiled an update.

CSSC Offshore & Marine Engineering (Group) Company Limited has proposed the appointment of Mr. Cheng Bolin as a non-executive director for the eleventh session of its board, with his term to run until the end of that board session, subject to shareholder approval. Cheng, an industry veteran with extensive management experience across multiple CSSC-affiliated shipyards and marine equipment companies, is also slated to join the board’s strategy committee, reinforcing the group’s governance and strategic oversight, while his remuneration will be determined by the board under a shareholder-authorized framework and formalized in a service agreement following approval at a general meeting.

More about CSSC Offshore & Marine Engineering (Group) Company Limited Class H

CSSC Offshore & Marine Engineering (Group) Company Limited is a Chinese shipbuilding and marine engineering group listed in both Shanghai and Hong Kong, focusing on the design, construction and repair of ships and offshore marine equipment. The company operates within the broader China State Shipbuilding Corporation ecosystem, serving commercial and industrial marine markets through its network of affiliated shipyards and marine equipment manufacturers.

YTD Price Performance: 18.65%

Average Trading Volume: 6,830,938

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.83B

Learn more about 0317 stock on TipRanks’ Stock Analysis page.

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