The board of directors (Board) of Jutal Offshore Oil Services Limited (the "Company"), together with its subsidiaries, (the "Group") announced that with effect from 25 October 2021, Mr. Wang Ningsheng will cease to act as the president of the Company. The Board appointed Mr. Cao Yunsheng, currently an executive director and chief executive officer of the Company, to serve as the president of the Company with effect from 25 October 2021.