Shandong Molong Petroleum Machinery Company Limited announced Mr. Wei Zhaoqiang retired as an employee representative Supervisor of the sixth session of the Supervisory Committee with effect from 12 October 2021. The appointment of Mr. Liu Shubao as an employee representative Supervisor of the seventh session of the Supervisory Committee has been approved at the employees' meeting of the Company convened on 12 October 2021. The Board announced that the elections of Mr. Lin Jun and Mr. Liu Cheng An as non-employee representative Supervisors of the seventh session of the Supervisory Committee have become effective upon the conclusion of the EGM, with a term of three years commencing from the date of the EGM.