CM Energy Tech Co., Ltd. — Board/Management Information 2019

Oct 3, 2019

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CMIC Ocean En-Tech Holding Co., Ltd. 華商國際海洋能源科技控股有限公司

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

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement of CMIC Ocean En-Tech Holding Co., Ltd. (the “ Company ”) dated 1 October 2019 in relation to the APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND COMPLIANCE WITH RULE 3.10A OF THE LISTING RULES (the “ Announcement ”). The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to clarify that the biography of Mr. Qian Zewei should be as below:

Mr. Qian, aged 44, is currently a member of the Business Decision/Investment Decision Committee, Managing Director and Head of Special Assets Department of China Great Wall AMC (International) Holdings Company Limited (“ Great Wall International ”). Mr. Qian had served as Head of Private Equity Investment Department and Head of Bay Area Investment Department of Great Wall International. From 2014 to 2016, he was the Investment Director of the Investment Management Department of China Everbright Limited. From 2008 to 2014, he served as Vice President and Director of the Private Equity Investment Department of Daiwa Capital Markets Hong Kong Limited. From 2001 to 2005, he worked as a senior research and development engineer at the Beijing R&D Centre of Huawei Technologies Co., Ltd. Mr. Qian holds a master's degree in finance from London Business School and a master's degree in computer application from Nanjing University of Aeronautics and Astronautics.

The Board confirms that save for the aforementioned, all other information and contents set out in the English and Chinese versions of the Announcement remain unchanged.

By order of the Board CMIC Ocean En-Tech Holding Co., Ltd. Wang Hongyuan Executive Chairman Hong Kong, 3 October 2019

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Wang Hongyuan, Mr. Jiang Bing Hua and Mr. Zhang Menggui, Morgan; four non-executive Directors, namely Mr. Lou Dongyang, Mr. Wang Jianzhong, Ms. Fu Rui and Mr. Qian Zewei; and three independent non-executive Directors, namely Mr. Chan Ngai Sang, Kenny, Mr. Zou Zhendong and Mr. Chen Weidong.

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