The board of directors of Tianjin Port Development Holdings Limited announced that Mr. Li Quanyong has resigned as Executive Director, Managing Director and member of the nomination committee of the company with effect from 7 February 2020 due to job change. The Board further announces that Mr. Luo Xunjie (Mr. Luo) has been appointed as Executive Director, Managing Director and member of the nomination committee of the Company with effect from 7 February 2020. Mr. Luo had been the General Manager of the Operation and Technology Department of APM Terminals Greater China, Maersk Group; and the Senior General Manager of the Investment Management Department of the Asia Pacific Region (and Chief Operating Officer of Qianwan Container Terminal Co.

Ltd., Qingdao Port Group); the Port Manager of P&O Ports Greater China, UK Iron and Steel Group; Deputy Director of Engineering Department of Shanghai International Port (Group) Co. Ltd., Deputy Chief Commander of the Fourth Phase of the Automated Terminal Engineering Construction Department of Shanghai Yangshan Deepwater Port, and Deputy General Manager of Shangdong Branch.