COSCO SHIPPING Energy Approves Dividend and Overhauls Board Committees

COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) just unveiled an announcement.

COSCO SHIPPING Energy Transportation Co., Ltd. reported that all resolutions at its 26 June 2026 annual general meeting were passed by poll, including approval of a final dividend of RMB0.38 per share for the 2025 financial year. The company also announced significant board changes, appointing three new independent non-executive directors and reshuffling key committee roles following multiple resignations and scheduled retirements, moves that refresh governance structures and may influence oversight of strategy, remuneration, audit, and risk management.

Newly appointed independent directors Li Kin Fai, Chen Gang, and Cheng Yan will now chair or join core board committees, while Wang Wei assumes leadership of the Risk Control and Compliance Management Committee. These changes, alongside the confirmed dividend payout, signal continued commitment to shareholder returns and an updated governance framework that could shape the company’s strategic execution and risk oversight in the energy shipping sector.

The most recent analyst rating on (HK:1138) stock is a Buy
with a HK$26.00 price target.
To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock,
see the HK:1138 Stock Forecast page.