CSSC Offshore & Marine Engineering Tightens Governance of Executive Pay with Revised Committee Rules

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

CSSC Offshore & Marine Engineering has updated and re-approved the Implementation Rules and Regulations governing its Remuneration and Appraisal Committee, with amendments most recently approved at the 18th meeting of the 11th session of the Board on 29 December 2025. The revised framework clarifies the committee’s composition—three directors, including two independent non-executive directors and an independent chair—its mandate to set and evaluate remuneration and performance standards for directors and senior management who receive pay from the company, and the establishment of a working group to support its operations. By formalizing responsibilities, procedures, and evaluation mechanisms in line with Chinese company law, stock exchange listing rules, and the company’s Articles of Association, the changes are intended to strengthen corporate governance, enhance fairness and transparency in executive pay, and ensure closer board oversight of senior management incentives and performance.

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

CSSC Offshore & Marine Engineering (Group) Company Limited Class H is a Chinese shipbuilding and offshore engineering enterprise focused on the design, construction and servicing of marine and offshore equipment. Listed on multiple stock exchanges, it operates under PRC company law and relevant listing rules, with an emphasis on improving corporate governance and standardized management of its board and senior executives.

YTD Price Performance: 18.65%

Average Trading Volume: 6,830,938

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.83B

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