Shandong Molong Petroleum Machinery Company Limited at its extraordinary general meeting held on November 26, 2021, approved the election of Yao You Ling as an executive director of the seventh session of the board of directors of the company and election of Liu Ji Lu as a non-executive director of the seventh session of the board of directors of the company. The tenure of office of the newly elected directors above shall be three years commencing from the date of approval at the EGM.