The board of directors of Qinhuangdao Port Co., Ltd. announced that Mr. WANG Lubiao, an executive director of the Company, resigned as an executive director of the Company due to his age. Mr. MA Xiping, an executive director, secretary to the Board and vice president of the Company, resigned as the vice president of the Company due to change of work commitment. The resignations will take effect from 27 March 2019. Upon their resignations, Mr. WANG will cease to hold any position in the Company and Mr. MA will continue to serve as an executive director and a secretary to the Board of the Company.