Shandong Molong Petroleum Machinery Company Limited at its AGM held on May 19, 2023, announce that the resolutions on the election of Mr. Zhao Xiaotong as an executive Director and Ms. Zhang Min as a non-executive Director have been passed by the Shareholders at the AGM. The term of office of Mr. Zhao Xiaotong and Ms. Zhang Min commenced from the date of the AGM (i.e. 19 May 2023) and will end on the date on which the term of the seventh session of the Board expires (i.e. 25 November 2024).