The Board of Directors of China Ocean Group Development Limited announced that with effect from 20 September 2021, Mr. Lam Man Hing will resign as an independent non-executive director and member of the audit committee of the Company as he would like to devote more time and dedication to his other business commitments. Mr. Lam has confirmed that he has no disagreements with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announced that with effect from 20 September 2021, Mr. Liu Qiang has been appointed as an independent non-executive director and a member of the Audit Committee. Mr. Liu Qiang, 36, holds a master's degree from China University of Mining and Technology-Beijing. He holds the title of engineer. Served successively in China National Materials Group Corporation Ltd, Aviation Industry Corporation of China Ltd, China Science and Technology Development Investment Holding Group Co. Ltd. and successively served as deputy general manager of Zhonghe Zhong (Beijing) Optoelectronics Technology Co., Ltd, executive deputy general manager of AVIC Energy Cambodia Company, and Executive Director of Zhongke Jianye Energy Development Co. Ltd. and many other positions. From April to July 2018, he served as executive director and chairman of the board of directors of Dinghe Mining Holdings Limited, and was appointed as the vice president of Asia Television Holdings Limited in August 2018.