On August 28, 2014, the 5th Session of the 4th Board of Directors Meeting of China COSCO Holdings Co., Ltd. (the “Company”) held at Beijing Ocean Plaza and Hong Kong COSCO Tower, in form of video-telephone conference. The Meeting was presided over by Mr. Ma Zehua - Chairman of the Company¸ and was attended by Mr. Li Yunpeng - Vice Chairman of the Company, company directors including Madam Sun Yueying, Mr. SunJiakang, Mr. Ye Weilong, Mr. Wang Yuhang, Mr. Jiang Lijun. along with Company independent directors including Madam Rita Fan Hsu Lai Tai, Mr. Kwong Che Keung, Mr. Peter Guy Bowie and Mr. Yang Liangyi attended the meeting on-site. Mr. Fu Xiangyangi - Chairman of the Board of Supervisors, member of the Supervisory Committee Mr. Gao Ping, Madam. Zhang Li and Mr. Ma Jianghua, Independent Supervisor Mr. ZhangJianping, Executive Vice Presidents of the Company Mr. Xu Zunwu and Mr. Wan Min, Mr. Guo Huawei - Secretary of the Board, Mr. Wang Xiaodong - Assistant to the President and Madam Michelle Hung Man - Joint Company Secretary also observed the meeting.At the meeting, thirteen proposals on election of Chairman and Vice Chairman of China COSCO 4th Board of Directors, composition of the China COSCO 2014 Mid-year Report (A-share/H-share), China COSCO 2014 Mid-year Summary Report (A-share) and China COSCO’s Announcement on 2014 Interim Performance (H-share) were reviewed. and all proposals were approved unanimously.
On the same day, the 2nd Session of China COSCO 4th Supervisory Board Meeting was held at Beijing Ocean Plaza, The Meeting was presided over by Mr. Fu Xiangyang, Chairman of the Supervisory Committee. At the meeting, Report on financial situations of China COSCO in the first half of 2014,Vice Chairman of China COSCO 4th Board of Directors, composition of the China COSCO 2014 Mid-year Report (A-share/H-share), China COSCO 2014 Mid-year Summary Report (A-share) and China COSCO’s Announcement on 2014 Interim Performance (H-share) were reviewed and approved.