CSSC Offshore & Marine Engineering Tightens Governance with Revised Strategy Committee Rules

The latest update is out from CSSC Offshore & Marine Engineering (Group) Company Limited Class H ( (HK:0317) ).

CSSC Offshore & Marine Engineering has updated the Implementation Rules and Regulations of its Board Strategy Committee, reflecting several amendments approved between 2004 and December 2025, to better align the committee’s structure and responsibilities with the company’s evolving strategic needs. The revised rules formalize the Strategy Committee as a specialized body under the board, define its composition and appointment process, and clarify its mandate to advise on long-term development strategies, major investment and financing decisions, key working capital and asset management projects, and other significant matters affecting the company’s development, with all proposals ultimately submitted to the full board for decision. The document also details the internal decision-making workflow, assigning preparatory and evaluative responsibilities to management and relevant functional departments, which is expected to improve the quality, efficiency, and accountability of major investment decisions and strengthen the company’s overall corporate governance framework.

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

CSSC Offshore & Marine Engineering (Group) Company Limited is a Chinese listed company in the offshore and marine engineering sector, operating under the framework of the Company Law of the People’s Republic of China and relevant corporate governance guidelines. The company focuses on offshore and marine engineering businesses and is refining its internal governance and decision-making mechanisms to support long-term strategic development and investment activities.

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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