CM Energy Tech Co., Ltd. — Board/Management Information 2009

Jul 3, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [56 x 60] intentionally omitted <==

TSC Offshore Group Limited

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 206)

RESIGNATION OF EXECUTIVE DIRECTORS

The Board announces that Mr. Zhang Hongru will resign from the positions of chief financial officer, executive Director, compliance officer of the Company and all other offices within the Group with effect from 10 July 2009.

The Board announces that Mr. Zhang Menggui, the Group CEO and executive Director, shall be appointed as the compliance officer of the Company with effect from 10 July 2009.

The Board also announces that Mr. Chen Yunqiang shall resign from the positions of executive Director and director of the EMER International Limited with effect from 10 July 2009, and remains all other offices within the Group.

The board (the “Board”) of directors (the “Directors) of TSC Offshore Group Limited (the “Company”, and together with its subsidiaries, the “Group”) announces that Mr. Zhang Hongru has tendered his resignation as the chief financial officer, executive Director, compliance officer and the member of the Compliance Committee of the Company and all other offices within the Group with effect from 10 July 2009 and Mr. Zhang Hongru’s resignation is due to his other business and family commitments.

The Board announces that Mr. Zhang Menggui, the Group CEO and executive Director, will be appointed as the compliance officer of the Company with effect from 10 July 2009.

The Board also announces that Mr. Chen Yunqiang shall resign from the positions of executive Director and the director of EMER International Limited, the subsidiary of the Company, with effect from 10 July 2009, and remain his other offices within the Group, so that Mr. Chen Yunqiang can focus more on the operations of the subsidiaries of the Company in Mainland China.

1

Both Mr. Zhang Hongru and Mr. Chen Yunqiang have confirmed that there are no disagreements with the Board and that there are no matters that need to be brought to the attention of the shareholders of the Company in relation to their resignations.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Zhang Hongru and Mr. Chen Yunqiang for their valuable contributions to the Group in the past.

By order of the Board TSC Offshore Group Limited Jiang Bing Hua Executive Chairman

Hong Kong, 3 July 2009

As of the date of this announcement, the Board comprises 4 executive Directors, namely Mr. Jiang Bing Hua, Mr. Zhang Menggui, Mr. Chen Yunqiang and Mr. Zhang Hongru; 1 non-executive Director, namely Mr. Jiang Longsheng; and 3 independent nonexecutive Directors, namely Mr. Chan Ngai Sang, Kenny, Mr. Bian Junjiang and Mr. Guan Zhichuan.

2