CSSC Offshore & Marine Engineering Tightens Governance With Revised Nomination Committee Rules

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

CSSC Offshore & Marine Engineering (Group) Company Limited has updated the implementation rules and regulations governing its board Nomination Committee, reflecting amendments approved over multiple board sessions up to December 2025. The revised rules clarify the committee’s role in setting criteria and procedures for selecting directors and senior management, defining its composition—three directors, including two independent non-executive directors with at least one of a different gender—and formalising its authority to review board structure, maintain a skills matrix, vet candidates and make appointment recommendations, supported by a dedicated working group. These changes are intended to strengthen the company’s corporate governance framework, improve board composition and oversight, and align its practices with Chinese company law, stock exchange listing rules and self-regulatory guidelines, which may enhance transparency and confidence among investors and other stakeholders.

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, operating in the offshore and marine equipment manufacturing industry. Listed in both Shanghai and Hong Kong, the company focuses on designing, building and servicing offshore engineering vessels and related marine equipment for global commercial and industrial customers, and is subject to corporate governance requirements of multiple stock exchanges and Chinese regulatory authorities.

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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