The board of directors of China International Marine Containers (Group) Co., Ltd. announced that, on 22 October 2018, the Supervisory Committee received the written resignation from Mr. Zhang Mingwen, the Chairman of the Supervisory Committee. Mr. Zhang Mingwen has tendered his resignation from the position of the Chairman of the Supervisory Committee of the Company due to the change in work arrangement. Mr. Zhang Mingwen will cease to hold any position in the Company after his resignation takes effect. Mr. Zhang Mingwen's resignation from the position of the supervisor will result in the total number of supervisors of the Company falling below the minimum quorum; therefore, according to the Articles of Association of China International Marine Containers (Group) Co., Ltd., Mr. Zhang Mingwen's resignation will not come into effect until a new supervisor is elected at the Company's general meeting to fill the vacancy. Mr. Zhang Mingwen shall continue to fulfill the duties of supervisor before his resignation takes effect.