Qingdao Port International Co., Ltd. announces that Mr. LEE Kwok Fai Kenneth has tendered his resignation as one of the joint company secretaries of the Company and the agent for the acceptance of service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") due to work re-allocation, all with effect from 25 January 2022. Mr. LEE has confirmed that he has no disagreement with the Board and does not have any matters in relation to his resignation that should be brought to the attention of the shareholders of the Company. The Board further announce that Ms. NG Sau Mei (, "Ms. NG") has been appointed as one of the joint company secretaries of the Company and the Process Agent of the Company in place of Mr. LEE, all with effect from 25 January 2022.

Ms. SUN Hongmei will continue to serve as the other joint company secretary of the Company.