OREANDA-NEWS. April 09, 2012. The 6th Session of the 3rd Board of Directors of China COSCO Holdings Co., Ltd.(the "Company") was held at the Conference Center, Ocean Plaza, Beijing. The Meeting was presided over by Capt. Wei Jiafu, Chairman of the Company, and attended by Mr. Ma Zehua, Vice-Chairman of the Company, and Company directors including Mr. Li Yunping, Madam Sun Yueying, Mr. Sun Jiakang, Capt. Xu Minjie and Mr. Jiang Lijun along with independent directors including Mr. S.S.Teo, Madam Rita Fan Hsu Lai Tai, Mr. Kwong Che Keung and Mr. Peter Guy Bowie, reported the press-centre of China COSCO. 

The Meeting was also observed by Mr. Song Dawei, Chairman of the Board of Supervisors, and other members of the Supervisory Committee including Mr. Gao Ping, Mr. Ma Jianhua and Mr. Luo Jiulian, independent supervisors of the Company Dr. Meng Yan and Dr. Zhang Jianping, Executive Vice Presidents of the Company Mr. Xu Zunwu, Mr. Wan Min, Mr. Wang Xingru and Mr.Zhang Jiqing, Legal Counsel Mr. Liu Guoyuan, CFO Mr. Feng Jinhua, Secretary of the Board Mr. Guo Huawei, and joint secretary Madam Hong Wen.

At the session, a total of 13 proposals related to release of financial performance in 2011, and 10 operation and management proposals such as supplementation to related committees of the 3rd Board of Directors, were listened and reviewed. All proposals had been approved unanimously.

The 6th Session of the 3rd Board of Supervisors of the Company was convened on the same day. The session was presided over by Mr. Song Dawei, Chairman of the Board of Supervisors, and was attended by supervisors Mr. Gao Ping, Mr. Ma Jianhua and Mr. Luo Jiulian, along with independent supervisors Dr. Meng Yan and Dr. Zhang Jianping. A total of nine proposals including the annual report, financial report and audit report of China COSCO as well as the report of the Board of Supervisors in 2011 were reviewed and approved.