Qinhuangdao Port Co., Ltd. at the EGM held on 28 February 2023, announced that Mr. ZHANG Xiaoqiang, an executive Director, was appointed as the chairman of the fifth session of the Board of the Company and Mr. NIE Yuzhong, an executive Director, was appointed as the vice chairman of the fifth session of the Board of the Company at the Board meeting held by the Company on the same date. . ZHANG Xiaoqiang, aged 51, is a senior engineer and holds a master's degree.

Mr. ZHANG joined the Communist Party of China in February 2004 and started working in August 1994. He successively served as a technician in the mechanic plant of Jingtang Port Authority, a salesman of the business division of Jingtang Port Authority and a workshop director in the mechanic plant of Jingtang Port Authority. He served as the deputy director in the mechanic plant of Jingtang Port Authority from August 2000, the deputy director of the dispatching office of Jingtang Port Authority from April 2002, the deputy director of the production and business department of Jingtang Port Co., Ltd. from March 2003, the director of the business department of Jingtang Port Co., Ltd., from May 2005, secretary of the Party branch of the business department of Jingtang Port Co., Ltd. from March 2006, secretary of the Party branch of the business department and logistics department of Jingtang Port Co., Ltd. from January 2007, assistant to the general manager of Jingtang Port Co., Ltd. and head of production department of Tangshan Port Group Co., Ltd. from February 2008, deputy general manager of Tangshan Port Group Co., Ltd. from February 2010, director and deputy general manager of Tangshan Port Group Co., Ltd. in May 2013, deputy secretary of the Party Committee, director and general manager of Tangshan Port Group Co., Ltd. from June 2017, Member of the Party Committee, director and deputy general manager of Tangshan Port Group Company Limited and deputy secretary of Party Committee, director and general manager of Tangshan Port Group Co., Ltd. from July 2019.

He served as a member of the Party Committee, director and deputy general manager of Tangshan Port Group Company Limited and deputy secretary of the Party Committee, director, vice chairman and general manager of Tangshan Port Group Co., Ltd. (listed on the Shanghai Stock Exchange on 5 July 2010 (stock code: 601000)) in April 2021, the secretary of the Party Committee of the Company since January 2023 and the secretary of the Party Committee and executive director of the Company since February 2023. Mr. NIE Yuzhong, aged 54, is a senior economist and a senior political engineer and holds a master's degree. Mr. NIE was the vice president and a member of the Party Committee of the Company.

He started his career in July 1989 and joined the Communist Party of China in June 2000. Mr. NIE has successively served as a cadre of Electromechanical Section of the Second Branch of the Qinhuangdao Port Authority, salesperson and dispatching director of China Ocean Shipping Agency Qinhuangdao Co., Ltd. and manager of shipping department of China Ocean Shipping Agency Qinhuangdao Co., Ltd. He served as deputy general manager of China Ocean Shipping Agency Qinhuangdao Co., Ltd. from April 2001, and general manager of China Ocean Shipping Agency Qinhuangdao Co., Ltd. from April 2003. Mr. NIE served as a party secretary of the Ninth Branch of Qinhuangdao Port Group Co., Ltd. from July 2005, and served as party secretary and secretary of the Discipline Committee of the Ninth Branch of Qinhuangdao Port Group Co., Ltd. from December 2006.

He also served as a manager of the Ninth Branch of the Company since July 2011. He served as a supervisor and chairman of the Supervisory Committee of the Company from June 2014, a member of the Party Committee of the Company from February 2018, a member of the Party Committee and the vice president of the Company from March 2018, the vice secretary of the Party Committee of the Company since January 2023 and the vice secretary of the Party Committee, executive director and the president of the Company since February 2023. The Board of the Company hereby announces that Mr. CAO Ziyu ("Mr. CAO") has resigned as an executive Director, the chairman of the Board and the chairman of the Strategy Committee of the Company due to the change in his work arrangements with effect from 28 February 2023.

Mr. CAO would no longer hold any position in the Company following his resignation.