The board of directors of Qingdao Port International Co., Ltd. announced that due to the adjustment of work arrangements, Mr. CHEN Fuxiang tendered his resignation letter to the Board on 20 July 2020 to the effect that Mr. CHEN will resign as the secretary to the Board, the Company secretary, and the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The resignation letter of Mr. CHEN took effect upon the delivery to the Board. Mr. CHEN has confirmed that he has no disagreement with the Board and does not have any matters in relation to his resignation that should be brought to the attention of the shareholders of the Company. Mr. CHEN has also confirmed that he does not have any action or claim, existing or pending, against the Company. The Board further announces that Mr. LIU Yongxia has been appointed as the secretary to the Board with a term commencing from 20 July 2020 and ending on the date of the expiration of the Board of the third session, and one of the joint company secretaries of the Company with effect from 20 July 2020. Ms. LEUNG Suet Wing who meets the requirement under Note 1 to Rule 3.28 of the Listing Rules has been appointed as one of the Joint Company Secretaries with effect from 20 July 2020. Ms. LEUNG will work closely with and provide assistance to Mr. LIU in discharging his duties and responsibilities as the Joint Company Secretary. Mr. LIU, aged 44, a senior accountant, currently serves as the head of the financial management department (previously known as the asset and financial department) and a member of the Party Committee of Intra-Organizational Department of the Company. Mr. LIU was engaged in finance-related work in Qingdao Port (Group) Co., Ltd. and its predecessor, Qingdao Port Authority (), and the Company from July 1999 to January 2014. After that, Mr. LIU served as the assistant to the head of the financial department of QDP from January 2014 to January 2015, the deputy head of the financial department of QDP from January 2015 to May 2017, the deputy head of the financial department of the Company from May 2017 to April 2019, and the general manager of Qingdao Yongli Company Agency Co., Ltd. from March 2018 to July 2020. Mr. LIU graduated from Qingdao University and obtained a bachelor's degree in administration in July 1999, majoring in international general accounting. Ms. LEUNG is a manager of the Listing Services Department of TMF Hong Kong Limited, responsible for providing company secretarial and compliance services to the listed clients. Ms. LEUNG has over 9 years of extensive knowledge and working experience in company secretarial profession. Ms. LEUNG is an associate member of the Hong Kong Institute of Chartered Secretaries and the Institute of Chartered Secretaries and Administrators in the United Kingdom. She holds a degree of master of science in professional accounting and corporate governance obtained from City University of Hong Kong.