Shang Hai Zheng Quan Bao·2025-08-26 20:06Group 1 - The board of directors of China National Offshore Oil Corporation Services Co., Ltd. (CNOOC Services) held its third meeting of 2025 on August 26, 2025, in Shenzhen, with 8 directors present [2][4] - The meeting approved several proposals, including the cancellation of the supervisory board and amendments to the company's articles of association, which will be submitted to the shareholders' meeting for approval [3][5][6] - The board also approved the revision of the rules for shareholder meetings, board meetings, independent director systems, and related transaction decision-making systems, all of which will require shareholder approval [8][10][12][15] Group 2 - The board approved the "Quality Improvement, Efficiency Enhancement, and Return Action Plan" for 2025, aimed at enhancing operational quality and creating value [19][20] - The company plans to improve core competitiveness by restructuring large equipment and enhancing service capabilities, focusing on high-efficiency, low-cost, and green operations [34] - The company aims to deepen cost reduction and efficiency enhancement by implementing lean management practices across all operational processes [37] Group 3 - The company has committed to enhancing investor returns, with a planned cash dividend of over RMB 1.1 billion for the 2024 fiscal year, representing an increase of approximately RMB 100 million from the previous year [42] - The company will strengthen investor communication and relations management, ensuring high-quality information disclosure and engaging with investors through various channels [43]