COSCO SHIPPING Specialized(SH:600428) Zheng Quan Zhi Xing·2025-08-29 17:47Core Viewpoint - The announcement details the upcoming election of the ninth board of directors for China Cosco Shipping Specialized Carriers Co., Ltd., following the expiration of the current board's term [1][2]. Board Restructuring - The current controlling shareholder, China Cosco Shipping Co., Ltd., has recommended five candidates for the ninth board: Zhang Wei, Huang Nan, Ma Xianghui, Li Man, and Wang Wei [1]. - Shenzhen Port Group Co., Ltd. has recommended one candidate, Zhong Yubin, for the board [1]. - Independent director candidates Zheng Minghui, Ye Zheng, and Li Dan have obtained independent director qualification certificates, with Ye Zheng being a professional accountant [1]. Nomination and Approval Process - The board's nomination committee reviewed the qualifications and capabilities of the nine candidates on August 28, 2025, and unanimously agreed to submit them for board approval [2]. - The eighth board expressed gratitude for the contributions of the outgoing independent directors, Tan Jinsong and Xu Lihua, during their tenure [2]. - The election will be conducted using a cumulative voting system at the shareholders' meeting, where six directors and three independent directors will be elected from the candidates [2]. Interim Board Operations - Until the shareholders' meeting approves the board restructuring, the eighth board will continue to perform its duties as per the company's regulations [3].