CMOC complies with applicable laws and regulations including the Company Law, Securities Law, Code of Corporate Governance for Listed Companies, Stock Listing Rules of the Shanghai Stock Exchange, and Listing Rules of the Stock Exchange of Hong Kong Limited to optimize its governance structure for stronger operations and corporate governance. The Company now has sound governance structure and policy in place.

1. Shareholders and General Meeting

The Company convenes the general meeting in accordance with its Articles of Association and Terms of Reference of the General Meeting to ensure that all shareholders, especially minority shareholders, are equally treated and can fully exercise their voting rights.

2. Directors and Board of Directors

The Board of Directors comprises nine members, including three independent non-executive directors. The number and composition of directors comply with relevant laws and regulations. The directors are able to perform their duties with required knowledge, skills and capabilities and attend general meetings and Board meetings on time. They perform in an earnest, honest and diligent manner, actively participate in business training, comprehend relevant laws and regulations, and have a clear understanding of their rights, obligations and responsibilities as a director.

3. Specialized Committees

To further improve its decision-making mechanism, the Board of Directors has set up four specialized committees, namely the Strategy and Sustainability Committee, Audit and Risk Committee, Nomination and Governance Committee, and Remuneration Committee.

The Strategic and Sustainability Committee consists of six members, including three executive directors, two non-executive directors and one independent non-executive director. The committee is led by the Chairman of the Board.

The Audit and Risk Committee consists of three independent non-executive directors.It is led by an independent non-executive director with expertise in accounting and financial management.

The Nomination and Governance Committee consists of five members including three independent non-executive directors, one executive director, and one non-executive director. It is led by an independent non-executive director.

The Remuneration Committee consists of five members, including three independent non-executive directors, one executive director, and one independent non-executive director. It is led by an independent non-executive director.​

4. Senior Executives

According to the Company’s Articles of Association and most updated organizational structure, senior executives include General Manager, Deputy General Manager, Board Secretary, and Financial Director (or Chief Financial Officer), all of which are appointed by the Board of Directors.