COSCO Shipping Technology Co., Ltd. announced, at extraordinary general meeting, held on December 29, 2017, the executive changes. The company appointed Cai Huixing, Xia Wei, Zhou Qun, Liu Yifan, Huang Jian and Li Guorong as non-independent directors. Also appointed Qian Zhiang, Wang Qinghua and Yang Min as independent directors.
COSCO SHIPPING Technology Co., Ltd., formerly China Shipping Network Technology Co., Ltd., is a China-based company principally engaged in the provision of computer application services. The Company primarily provides intelligent transportation system integration as well as information technology and scientific management of transportation, such as variable information boards, transportation signal systems, lane controllers, monitoring systems, toll systems, communication systems, video transportation parameter and incident testing systems. The Company also involves in the sale of industrial automation products, such as digital direct current speed-adjustable device control cabinets, alternative current speed-adjustable device control cabinets, boiler control systems, intelligent electrical panel for ships and substation control cabinets, among others. The Company distributes its products within domestic market.