The board of directors of China BlueChemical Ltd. announced that, Mr. Meng Jun (``Mr. Meng'') has resigned from his position as a non-executive director of the Company (the ``Director''), a member of the audit committee of the Board, a member of the remuneration committee of the Board and a member of the investment review committee of the Board because he has reached the retirement age. His resignation will become immediately effective upon the approval of the appointment of a new non-executive Director by the shareholders of the Company (the ``Shareholders'') at the extraordinary general meeting of the Company contemplated to be held on 29 December 2020 (the ``EGM''). The Board proposed to appoint Mr. Liu Zhenyu (``Mr. Liu'') as a non-executive Director. Mr. Liu's term of office as a non-executive Director will commence from the date on which his appointment is approved by the Shareholders and shall last until a new session of the Directors is approved by the Shareholders at the 2020 annual general meeting of the Company. The appointment of Mr. Liu is subject to the approval by the Shareholders at the EGM. Liu Zhenyu, born in 1976, graduated from Tianjin Institute of Finance and Economics majoring in accounting in July 1998 and obtained his MBA degree from China European International Business School in October 2013. Mr. Liu served as an accountant of the finance department of China Offshore Oil Northern Drilling Company from July 1998 to December 2001, an accountant of the finance department of China Oilfield Services Limited and successively an accounting director of Indonesia office from January 2002 to December 2004, successively an accounting director, financial accounting manager and accounting manager of the finance department of China Oilfield Services Limited from December 2004 to January 2010, a general manager of the finance department of China Oilfield Services Limited from January 2010 to October 2016, and has served as a deputy general manager of the financial assets department of China National Offshore Oil Corporation since October 2016. Subject to the approval of his appointment as a non-executive Director by the Shareholders at the EGM, Mr. Liu will enter into a service contract with the Company. The Board will be authorised by the Shareholders to determine his remuneration with reference to recommendation by the remuneration committee of the Board while taking into consideration of his qualifications, abilities, responsibilities and experience. After remuneration of Mr. Liu is fixed by the Board, the Company will make an announcement accordingly. The Board announces that, Ms. Ng Sau Mei (``Ms. Ng'') has resigned from her position as the joint company secretary of the Company due to other work commitment, with effect from 23 October 2020. Ms. Ng confirmed that, she has no disagreement with the Board and there was no other matter in relation to her resignation that needs to be brought to the attention of the Shareholders. The Board further announces that, another joint company secretary of the Company, Ms. Wu Xiaoxia, is qualified to act as the company secretary under Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. After the resignation of Ms. Ng, Ms. Wu Xiaoxia will act as the company secretary of the Company on her own.