Dalian Port PDA : APPOINTMENT OF CHAIRMAN OF THE BOARD AND GENERAL MANAGER

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Dalian Port (PDA) Company Limited*

大連港股份有限公司

(a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 2880)

APPOINTMENT OF CHAIRMAN OF THE BOARD

AND GENERAL MANAGER

APPOINTMENT OF CHAIRMAN OF THE BOARD

The board of directors (the "Board") of Dalian Port (PDA) Company Limited* (the "Company") is pleased to announce that, following the resignation of Mr. XU Song as the chairman of the Board and a non-executive director of the Company on 16 December 2019, Mr. WEI Minghui ("Mr. Wei") has been elected by the directors of the Company as the chairman of the Board with immediate effect from the date of this announcement until expiry of the term of the fifth session of the Board.

The biographical details of Mr. Wei are as follows:

Mr. Wei Minghui, born in 1969, Chinese. Mr. Wei held various positions including the general manager of Dalian Port (PDA) Company Limited*'s Automotive Logistics Division, the general manager and branch secretary of the Party Committee of Dalian Automobile Terminal Co., Ltd, a director of Dalian Port Group Corporation Limited and the general manager of Dalian Port (PDA) Company Limited*. He is currently an executive director and the chairman of the Board of Dalian Port (PDA) Company Limited* and holds relevant position in certain subsidiaries of the Company. Mr. Wei obtained a bachelor degree in Transportation Management from Wuhan University of Technology and a master degree in transportation planning and management from Dalian Maritime University. He is a senior specialist in logistics.

Save as disclosed above, as of the date of this announcement, (i) Mr. Wei does not hold any directorship(s) in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years; (ii) Mr. Wei does not have any other relationships with any directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) Mr. Wei does not have any interest in the shares of the Company or its associated companies within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Wei's remuneration will be determined in accordance with the relevant internal regulations and by-laws of the Company.

Save as disclosed above and as at the date of this announcement, there is no other information in relation to Mr. Wei which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), nor are there any other matters which need to be brought to the attention of the shareholders of the Company.

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APPOINTMENT OF GENERAL MANAGER

The Board is also pleased to announce that, following the resignation Mr. WEI Minghui as the general manager of the Company on 17 December 2019, Mr. SUN Dequan ("Mr. Sun") has been appointed as the general manager of the Company with immediate effect from the date of this announcement until expiry of the term of the existing management of the Company.

The biographical details of Mr. Sun are as follows:

Mr. Sun Dequan, born in 1962, Chinese. Mr. Sun held various positions including the general manager of Dalian Port Oil Terminal Company, the assistant general manager of Dalian Port Group Corporation Limited and the general manager of Dalian Port Oil Terminal Company, and the general manager of Dalian Port Oil Terminal Company. Mr. Sun is currently the general manager of Dalian Port (PDA) Company Limited* and holds relevant position in certain subsidiaries of the Company. Mr. Sun Dequan obtained a bachelor degree in Storage and Transportation from East China Petroleum Institute and a master degree in business administration management from Party School of Liaoning Provincial Party Committee. He is a senior engineer.

Save as disclosed above, as of the date of this announcement, (i) Mr. Sun does not hold any directorship(s) in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years; (ii) Mr. Sun does not have any other relationships with any directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) as at the date of this announcement, Mr. Sun does not have any interest in the shares of the Company or its associated companies within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Sun's remuneration will be determined in accordance with the relevant internal regulations and by-laws of the Company.

Save as disclosed above and as at the date of this announcement, there is no other information in relation to Mr. Sun which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2)(h) to (v) of the Listing Rules, nor are there any other matters which need to be brought to the attention of the shareholders of the Company.

By Order of the Board

Dalian Port (PDA) Company Limited*

WANG Huiying LEE, Kin Yu Arthur

Joint Company Secretaries

Dalian City, Liaoning Province, the PRC

31 December 2019

As at the date of this announcement, the Board comprises:

Executive Director: WEI Minghui

Non-executiveDirectors: CAO Dong, LI Jianhui and YUAN Yi

Independent non-executiveDirectors: WANG Zhifeng, SUN Xiyun and LAW Man Tat

• The Company is registered as Non-Hong Kong Company under Part XI of the previous Companies Ordinance (equivalent to Part 16 of the Companies Ordinance with effect from 3 March 2014) under the English name "Dalian Port (PDA) Company Limited".
• For identification purposes only

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