Qingdao Port International Co., Ltd. announced that on 10 June 2020, Mr. JIA Funing and Mr. SU Jianguang were elected as the Chairman and the vice chairman of the Board of the third session, respectively, both with the term of office commencing on 10 June 2020 and ending on the expiry date of the term of the Board of the third session. Mr. JIA Funing has been appointed in place of Mr. Li as the Chairman and Authorised Representative, with effect from 10 June 2020. Immediately after the aforesaid changes, the Authorised Representatives are Mr. JIA Funing, an executive Director and Chairman, and Mr. CHEN Fuxiang, the company secretary of the company. The Board further announces that on 10 June 2020, each of Mr. JIA Funing, Mr. SU Jianguang, Mr. FENG Boming Mr. WANG Xinze and Mr. WANG Jun was appointed as a member of the Strategy and Development Committee of the Board of the third session, among which, Mr. JIA Funing was appointed as the chairman of the Strategy and Development Committee of the Board of the third session. Mr. JIA Funing was also appointed as a member of the Nomination Committee of the Board of the third session and Mr. SU Jianguang was appointed as a member of the Remuneration Committee of the Board of the third session, all with a term of office with effect from 10 June 2020and ending on the expiry date of the term of the Board of the third session.