China Merchants Port Group strengthens governance with updated policies
China Merchants Port Group Co., Ltd. announced that its shareholders approved several amendments to governance policies during its First Extraordinary General Meeting of 2025 on September 26. These revisions include updated management systems for external guarantees, related-party transactions, fundraising, and securities investments, alongside new regulations for independent director operations and the selection of accounting firms.
Shareholders demonstrated strong support for all proposed resolutions, with the "Management System for External Guarantees" amendment receiving 99.5883% approval. The "Management System for External Donations" and "Management System for Securities Investment" also passed with 99.5883% approval. These comprehensive updates aim to strengthen internal controls, manage risks, and ensure transparent operations in line with regulatory requirements. The approvals underscore the company's commitment to maintaining robust corporate governance and safeguarding shareholder interests.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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