China Oilfield Services Limited appointed Mr. Qi Meisheng, an executive director, as the chief executive officer of the company with effect from August 26, 2020. The chief executive officer of the Company is chief executive and reports to the Board. The Board is of the view that the appointment of Mr. Qi Meisheng as the chief executive officer of the company is an appropriate arrangement in the interests of the shareholders of the company as a whole. Since March 2018, Mr. Qi has served as Chairman and an Executive Director of COSL. Mr. Qi has 29 years of experience in the oil and natural gas industry.