CMIC Ocean En-Tech Holding Co., Ltd. announced that Mr. Wang Hongyuan has resigned as an executive director (the "Director") of the Company due to other commitments with effect from 19 February 2020. The Board also announced that with effect from 19 February 2020, Mr. Cong Yongjian has been appointed as an executive Director of the Board of the Company. The Board announces that with effect from 19 February 2020, Mr. Wang Hongyuan has resigned as the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company; and Mr. Lou Dongyang has been appointed as the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company.

The Board announces that with effect from 19 February 2020:-Mr. Wang Hongyuan has resigned as the chairman of the Board and CEO of the Company; Mr. Lou Dongyang has been appointed as the chairman of the Board; and Mr. Cong Yongjian has been appointed as CEO of the Company.