The Board of CMIC Ocean En-Tech Holding Co., Ltd. announced that with effect from 15 April 2021, Mr. Qian Zewei has resigned as non-executive director of the Company due to his other work commitments. Mr. Qian Zewei confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board of the Company further announced that with effect from 15 April 2021, Mr. Ren Zhiqiang has been appointed as non-executive director of the Company. Mr. Ren Zhiqiang is currently the secretary to the board of directors of China Great Wall AMC (International) Holdings Co., Ltd.
CM Energy Tech Co., Ltd., formerly CMIC Ocean En-Tech Holding Co., Ltd., is in the business of offshore wind power installation and operation and maintenance, clean green energy and core equipment technology, products, and services. The Company serves the oil and gas exploration industry, as well as offshore engineering asset management business. It provides drilling packages for entire offshore platforms and offers infrastructure solutions for production platforms, workover platforms, and other ancillary platforms required for offshore oil and gas fields after drilling Jack-up platform solutions. The Company also develops, designs, manufactures, installs and debugs almost all high-end equipment for various offshore drilling platforms or land drilling rigs. It provides drilling fluid circulation management system (EFMS) that enables zero slurry discharge during drilling. The Company also offers rig maintenance and repair supply and global rig services.