Shandong Molong Petroleum Machinery : Proxy Form for the Annual General Meeting to be held on 21 May 2021

(A Sino-foreign joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code:568)

Proxy Form for the Annual General Meeting to be held on 21 May 2021

I/We(Note 1)

of

being the registered holder of H shares (''H Shares'') of RMB1.00 each in the capital of Shandong Molong Petroleum Machinery

(name) of

(address) or, the Chairman of the Annual General Meeting (''AGM'') as my/our proxy/proxies (please delete where appropriate) for H Shares which I/ we hold in the share capital of the Company to attend and vote for me/us at the AGM to be held at the conference room at No. 999 Wensheng Street, Shouguang City, Shandong Province, the People's Republic of China at 2:00 p.m. on Friday, 21 May 2021 and at any adjournment of such meeting. The proxy/proxies is/are authorised to vote on the resolution according to the following instructions. In the absence of any instruction, the proxy/proxies may vote for or against the resolution or abstain at his/her discretion.

1. To consider, and if thought fit, approve the report of the board of directors for the year of 2020
2. To consider, and if thought fit, approve the report of the supervisory committee for the year of 2020
3. To consider, and if thought fit, approve the annual report and its abstract for the year of 2020
4. To consider, and if thought fit, approve the profit distribution plan for the year of 2020
5. To consider, and if thought fit, approve the remuneration plan of the directors, supervisors and senior management for the year of 2021
6. To consider, and if thought fit, approve the proposal regarding the application of integrated banking credit facility
7. To consider, and if thought fit, approve the proposal regarding the utilisation of idle proprietary capital of the Company for cash management
8. To consider, and if thought fit, approve the proposal regarding the re-appointment of the auditor for the year of 2021

Notes:

1. Please insert full name(s) and address in BLOCK CAPITALS.
2. Please insert the number of shares registered in your name(s) to which this proxy relates. If no number is inserted, this form of proxy will be deemed to relate to all the shares in the Company registered in your name(s).
3. If any proxy other than the Chairman is preferred, strike out the words ''or, the Chairman of the Annual General Meeting (''AGM'')'' and insert the name and address of the proxy desired in the space provided. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. The description of the resolutions is by way of summary only. The full text appears in the notice of the Annual General Meeting.
5. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, TICK (✓) IN THE RELEVANT BOX MARKED ''FOR''. IF YOU WISH TO VOTE AGAINST A RESOLUTION, TICK (✓) IN THE RELEVANT BOX MARKED ''AGAINST''. IF YOU WISH TO USE LESS THAN ALL YOUR VOTES, OR TO CASE SOME OF YOUR VOTES ''FOR'' AND SOME OF YOUR VOTES ''AGAINST'' A PARTICULAR RESOLUTION, YOU MUST WRITE THE NUMBER OF VOTES IN THE RELEVANT BOX(ES). Failure to complete any or all the boxes will entitle your proxy to cast your vote at his/her discretion or to abstain from voting.
6. The shareholders whose names appear on the registers of members of the Company at the close of business on Friday, 14 May 2021 are entitled to attend the AGM with their passports or other identity papers.
7. The register of members of the Company for H shares will be closed from Monday, 17 May 2021 to Friday, 21 May 2021, both days inclusive, during which period no H share transfer will be effected. In order to qualify for attending the AGM and voting, all instruments of transfer of H shares, accompanied by the relevant share certificates, must be lodged with the registrar for H Shares not later than 4: 30 p.m. on Friday, 14 May 2021.
   The address of the registrar for H Shares is as follows:
   Tricor Investor Services Limited Level 54, Hopewell Centre 183 Queen's Road East
   Hong Kong
8. Each holder of H shares who has the right to attend and vote at the AGM is entitled to appoint in writing one or more proxies, whether a shareholder or not, to attend and vote on his behalf at the AGM. A proxy of a shareholder who has appointed more than one proxy may only vote on a poll.
9. The instrument appointing a proxy must be in writing under the hand of the appointor or his attorney duly authorised in writing. If that instrument is signed by an attorney of the appointor, the power of attorney authorising that attorney to sign, or other documents of authorisation, must be notarially certified.
10. To be valid, the form of proxy, and if the form of proxy is signed by a person under a power of attorney or other authority on behalf of the appointor, a notarially certified copy of that power of attorney or other authority, must be delivered to the registrar for H shares, Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, not less than 24 hours before the time for holding the AGM or any adjournment thereof.
11. If a proxy attends the AGM on behalf of a shareholder, he should produce his proof of identity and the instrument signed by the proxy or his legal representative, which specifies the date of its issuance. If the legal representative of a legal person share shareholder attends the AGM, such legal representative should produce his/her proof of identity and valid documents evidencing his capacity as such legal representative. If a legal person share shareholder appoints a representative of a company other than its legal representative to attend the AGM, such representative should produce his proof of identity and an authorization instrument affixed with the seal of the legal person share shareholder and duly signed by its legal representative.
12. The AGM is expected to last for an hour. Shareholders attending the AGM are responsible for their own transportation and accommodation expenses.

• For identification purpose only