China Ocean Industry Group Limited announced that Mr. Lin Lie ("Mr. Lin") has tendered his resignation as non-executive Director of the company with effect from 8 May 2019, as he plans to devote more attention and dedication to his other business engagement. Mr. Lin confirmed that there is no disagreement with the Board and the company and there is no matter in respect of his resignation which ought to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the company.