China Ocean Shipbuilding Industry Group Limited announced that with effect from 22 September 2015, Mr. Liu Jin has been appointed as an executive Director. Mr. Liu Jin has nearly 20 years' experience in the investment industry. From August 2014 to July 2015, Mr. Liu was a member of the management committee of Zhoushan China Ocean Investment Fund, a joint venture in which the company has invested in.

Mr. Li Ming has stepped down from his position as the chief executive officer of the group but will remain as the chairman of the Group and an executive Director. Mr. Zhang Shi Hong, an executive Director, has been appointed as the Chief Executive Officer. Mr. Zhang Shi Hong was appointed as a Director in December 2007.

Mr. Prior to joining the Group, he had also pursued investment management in various corporations in the people's Republic of China. Mr. Ngai Man Wo has tendered his resignation as the company secretary of the company with effect from 22 September 2015. Mr. Ngai confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that need to be brought to the attention of the shareholders of the company or the Stock Exchange and the board appoint Ms. Cheung Tin Shu as the company secretary of the company in place of Mr. Ngai with effect from 22 September 2015.

Ms. Cheung is a member of the Hong Kong Institute of Chartered Secretaries.