On 3rd August 2018, Orient Overseas (International) Limited (hereinafter as ‘OOIL’) held the Board Meeting in Hong Kong. The Board approved the resignation of Mr. TUNG Chee Chen, Mr. TUNG Lieh Sing Alan, Prof. Roger King, Mr. Simon Murray, Mr. Cheng Wai Sun Edward and Mr. Clement Kwok King Man as Directors of the Company and the appointment of Mr. Xu Lirong, Mr. Huang Xiaowen, Mr. Wang Haimin, Mr. Zhang Wei, Mr. Yan Jun, Ms. Wang Dan, Mr. Ip Sing Chi, Ms. Cui Hongqin, Dr. CHUNG Shui Ming, Mr. YANG Liang Yee Philip and Ms. CHEN Ying as Directors of the company. The new Board of OOIL is consisted of the new Directors and the existing Directors, including Mr. TUNG Lieh Cheung Andrew, Mr. CHOW Philip Yiu Wah and Professor WONG Yue Chim Richard. The meeting also elected Mr. Xu Lirong as the Chairman of the Board, Mr. Huang Xiaowen as the CEO, Mr. Zhang Mingwen as the CFO and Ms. Lammy Lee as the company secretary. Afterwards, Chairman Xu, accompanied with members of senior management team, held a meeting with the employees of Orient Overseas headquarters.
As a member of COSCO SHIPPING family, OOIL will follow the ‘six undertakings‘． Meanwhile, COSCO SHIPPING and OOIL will adhere to the concept of "Trust Together", promptly combining our respective strengths to drive greater synergies between both companies. Our core competitiveness, operational efficiency and profitability will be further enhanced, which allows us to create greater values for shareholders.