The Board of Directors of COSCO Shipping International (Singapore) Co., Ltd. announced the changes with effect from 19 September 2019: Mr. Zhu Jiandong has been appointed as a Non-Independent Executive Director of the company. Mr. Zhu Jiandong has been appointed as President of the Company in place of Mr. Gu Jing Song. Mr. Gu Jing Song remains as a Non-Independent Executive Director of the company, Chairman of the Board, Chairman of the Strategic Development Committee and a member of the Nominating Committee.