The board of directors of Chu Kong Shipping Enterprises (Group) Company Limited announced that Mr. Liu Weiqing has resigned as a non-executive director, the chairman of the Board, the chairman of Executive Committee and the chairman of Nomination Committee of the company with effect from May 3, 2015 due to his other business commitment. Reference is also made for the year ended December 31, 2014 related to the directors re-election, the resolution relating to the re-election of Mr. Liu at the upcoming annual general
meeting held on May 21, 2015 will be withdrawn due to his resignation. The Board has resolved to appoint Mr. Xiong Gebing, the managing director of the company, as the chairman of the Board, the Executive Committee and the Nomination Committee temporarily with effect from May 3, 2015.