China International Marine Containers : (1) CHANGE OF SECRETARY TO THE BOARD, JOINT COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND SECURITIES AFFAIRS REPRESENTATIVE AND (2) WAIVER FROM COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

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CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD.

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2039)

(1) CHANGE OF SECRETARY TO THE BOARD,

JOINT COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND

SECURITIES AFFAIRS REPRESENTATIVE

AND

(2) WAIVER FROM COMPLIANCE WITH RULES 3.28 AND 8.17 OF

THE LISTING RULES

(1) CHANGE OF SECRETARY TO THE BOARD, JOINT COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND SECURITIES AFFAIRS REPRESENTATIVE

The board of directors (the "Board") of China International Marine Containers (Group) Co., Ltd. (the "Company") announces that Mr. Yu Yuqun ("Mr. Yu") has tendered his resignation as the secretary to the Board, the company secretary of the Company, and the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange (the "Listing Rules") with effect from 30 March 2021. Mr. Yu confirmed that he has no disagreement with the Board and there are no matters in respect of his resignation that need to be brought to the attention of the shareholders of the Company and the Hong Kong Stock Exchange. Mr. Wang Xinjiu ("Mr. Wang"), the securities affairs representative of the Company, ceased to serve as the securities affairs representative of the Company due to work re-arrangement with effect from 30 March 2021.

The Board further announces that Mr. Wu Sanqiang ("Mr. Wu") has been appointed as the secretary to the Board, a joint company secretary of the Company, and the authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 30 March 2021. Ms. He Linying ("Ms. He") has been appointed as the other joint company secretary and the securities affairs representative of the Company with effect from 30 March 2021.

The biographical details of Mr. Wu and Ms. He are set out below:

Mr. Wu, born in 1971, holds a bachelor's and master's degree from Peking University and a doctorate degree in economics from Jilin University, and currently serves as the director of the office of the Secretary to the Board of the Company. Mr. Wu joined the Company in November 2002, and he participated in the preparations for the establishment of CIMC's road transportation vehicles business and successively served as the manager of the strategic development department and the marketing management department and the deputy general manager of the marketing company of CIMC Vehicles (Group) Co., Ltd.. In 2010, Mr. Wu was transferred to the strategic development department of the Company to serve as the deputy general manager and the director of mergers and acquisitions, and then worked in the legal department of the Group in 2014. He has served as the deputy director and director of the office of the secretary to the Board of the Company since the end of 2015. Mr. Wu has worked in Luoyang Mining Machinery Factory (currently known as CITIC Heavy Industries Co., Ltd.) since July 1992, and in the financial affairs department and financial management department of China Merchants Holdings (Hong Kong) Company Limited since July 1996. In 1997, he joined China Merchants Holdings (International) Company Limited, and successively served as the general manager of the transportation infrastructure department, industrial management department, and terminal management department, and then he worked in the corporate management department at the headquarters of China Merchants Group Limited. Mr. Wu has extensive experience in corporate management and corporate governance, listing compliance, capital operation, etc.

Ms. He is a member of the Hong Kong Institute of Certified Public Accountants and a certified public accountant in the PRC. She holds a certificate for the secretary to the board of directors of the Shenzhen Stock Exchange and a bachelor's degree in finance from Shenzhen University. Ms. He joined the Company in September 2018 and worked in the office of the secretary to the Board of the Company. Before joining the Company, Ms. He worked in Shenzhen Branch of PricewaterhouseCoopers Zhong Tian LLP (Special General Partnership) for 11 years. Ms. He meets the requirements of a company secretary under Rules 3.28 and 8.17 of the Listing Rules.

Although Mr. Wu does not currently possess the qualifications as set out in Rule 3.28 of the Listing Rules, the Company believes that Mr. Wu, by virtue of his knowledge and past experience in corporate management, corporate governance, listing compliance, capital operation, etc. of the Company as well as his thorough understanding of the business and operations of the Company, should be capable of discharging his duties as a joint company secretary. Accordingly, the Company believes that it would be in the best interests of the Company and the Group in terms of corporate governance to have Mr. Wu as its joint company secretary, who has a thorough understanding of the internal business and operations of the Group. Ms. He, the other joint company secretary of the Company, will assist Mr. Wu in discharging his duties as a joint company secretary.

(2) WAIVER FROM COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Pursuant to Rule 8.17 of the Listing Rules, a listed issuer must appoint a company secretary who meets the requirements under Rule 3.28 of the Listing Rules. Rule 3.28 of the Listing Rules provides that a listed issuer must appoint as its company secretary an individual who, in the opinion of the Hong Kong Stock Exchange, is capable of discharging the functions of company secretary of the listed issuer by virtue of his/her academic or professional qualifications or relevant experience.

Mr. Wu currently does not possess the qualifications of company secretary as required under Rule 3.28 of the Listing Rules. The Company has applied, and the Hong Kong Stock Exchange has granted, a waiver from strict compliance with Rules 3.28 and 8.17 of the Listing Rules (the "Waiver") with respect to the appointment of Mr. Wu for a period of three years from the date of the appointment of Mr. Wu (the "Waiver Period") as the joint company secretary of the Company on the conditions that (i) Mr. Wu must be assisted by Ms. He as a joint company secretary of the Company during the Waiver Period; (ii) the Waiver could be revoked if there are material breaches of the Listing Rules by the Company; (iii) before the end of the Waiver Period, the Company must demonstrate and seek the confirmation from the Hong Kong Stock Exchange that Mr. Wu having had the benefit of Ms. He's assistance during the Waiver Period, has attained the relevant experience and is capable of discharging the function of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary and (iv) the Company will announce the reasons, details and conditions of the Waiver.

The Board would like to express its sincere gratitude to Mr. Yu and Mr. Wang for their contributions to the Company during his tenure of office and welcome Mr. Wu and Ms. He on their new appointments.

This announcement is available for reviewing on the website of the Company athttp://www.cimc.comand the website of the Hong Kong Stock Exchange athttp://www.hkexnews.hk.

By order of the Board

China International Marine Containers (Group) Co., Ltd.

YU Yuqun

Company Secretary

Hong Kong, 29 March 2021

As at the date of this announcement, the Board of the Company comprises Mr. MAI Boliang (Chairman)

• as an executive director; Mr. HU Xianfu (Vice-chairman), Mr. DENG Weidong and Mr. MING Dong

• as non-executive directors; and Mr. HE Jiale, Mr. PAN Zhengqi and Ms. LUI FUNG Mei Yee, Mabel

• as independent non-executive directors.