The Board of China Ocean Group Development Limited announced that Ms. Wei Qing ("Ms. Wei"), due to recent personal health reasons, has tendered her resignation as an executive Director, the compliance officer of the Company and an authorised representative for the service of process and notices under Part 16 of the Companies Ordinance. The Board also announces that, with effect from 30 November 2023, Mr. Cai Haipeng ("Mr. Cai") has been appointed as the Compliance Officer, LR Authorised Representative and CO Authorised Representative.