Dida Inc. — Board/Management Information 2017

Oct 10, 2017

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 [103 x 66] intentionally omitted <==

COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.* 中遠海運能源運輸股份有限公司

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 1138)

VOTING RESULTS OF THE EXTRAORDINARY GENERAL MEETING AND CHANGE OF EXECUTIVE DIRECTOR

The Board is pleased to announce the voting results of the EGM held on 10 October 2017.

The Board is also pleased to announce that the appointment of Mr. Huang Xiaowen as an executive Director of the Company has been approved by the Shareholders at the EGM. Mr. Huang is also appointed as the chairman of the Company and the Strategy Committee of the Board following the resignation of Mr. Sun Jiakang from such positions and as executive Director with effect from 10 October 2017.

Reference is made to the notice of extraordinary general meeting and circular of COSCO SHIPPING Energy Transportation Co., Ltd. (the “ Company ” and together with its subsidiaries, the “ Group ”) dated 25 August 2017 (the “ Circular ”), containing details of the resolution tabled before the extraordinary general meeting of the Company for Shareholders’ approval. Unless otherwise specified herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

— 1 —

The Board is pleased to announce the voting results of the extraordinary general meeting (the “ EGM ”) of the Company which was held on Tuesday, 10 October 2017, at 3rd Floor, Ocean Hotel, No. 1171 Dong Da Ming Road, Hongkou District, Shanghai, the People’s Republic of China as follows:

	Ordinary Resolution		Number of Votes Total Number of Votes Held by Shareholders Who Attended the EGM For Percentage (%) Against Percentage (%) Abstain Percentage (%) 1,537,671,254 100.0000 15 0.0000 100 0.0000 1,974,822,006 100.0000% 421,613,357 96.4458 15,537,280 3.5542 0 0.0000 1,959,284,611 99.2132 15,537,295 0.7868 100 0.0000
	1. To approve the appointment of Mr. Huang Xiaowen (黃小文) as an executive director of the Company and the terms of his appointment	A Shares
		H Shares
		Total

As more than 50% of the votes were cast in favor of the above ordinary resolution, the above ordinary resolution was duly passed at the EGM.

APPOINTMENT OF EXECUTIVE DIRECTOR

As per the voting results above, the appointment of Mr. Huang Xiaowen (黃小文) (“ Mr. Huang ”) as an executive Director has been approved by the Shareholders at the EGM. Mr. Huang’s appointment took effect immediately after the EGM. The particulars of Mr. Huang which are required to be disclosed by the Listing Rules are set out below.

Mr. Huang

Mr. Huang Xiaowen, born in May 1962 and aged 55, is a senior engineer. Upon completion of the EGM, Mr. Huang became an executive Director and the chairman of the Company and the Strategy Committee of the Board. He is also an Executive Vice President and Party Committee Member of China COSCO Shipping Corporation Limited (中國遠洋海運集團有限公司), the vice chairman and an executive director of COSCO SHIPPING Holdings Co., Ltd. (a company listed on the Shanghai Stock Exchange (stock code: 601919) and the Hong Kong Stock Exchange (stock code: 1919)) and the chairman and non-executive director of COSCO SHIPPING Ports Limited (a company listed on the Hong Kong Stock Exchange (stock code: 1199)). Mr. Huang started his shipping career in July 1981, and was the Manager of Container Shipping Section of Guangzhou Ocean Shipping Company, Deputy General Manager and General Manager of Container Transportation Department of China Ocean Shipping Company, Container Business Adviser to Shanghai Haixing Shipping Company, Deputy Managing Director, Managing Director and the vice party secretary, vice chairman and executive director of COSCO SHIPPING Development

— 2 —

Co., Ltd. (previously known as China Shipping Container Lines Co Ltd.) (a company listed on the Hong Kong Stock Exchange (stock code: 2866) and the Shanghai Stock Exchange (stock code: 601866)) and the chairman of China Shipping Haisheng Co., Ltd. (a company listed on the Shanghai Stock Exchange (stock code: 600896)). He was appointed as Executive Vice President of China Shipping (Group) Company in May 2012. Mr. Huang has more than 30 years of experience in the shipping industry. Mr. Huang graduated from China Europe International Business School in September 2010, majored in Business Administration, and obtained the EMBA Degree. Mr. Huang was an executive Director from May 2013 to September 2016.

Mr. Huang has entered into a service contract with the Company for his appointment as an executive Director for a term from the date of the EGM up to and including 17 June 2018 (or the date of the Company’s annual general meeting in 2018, whichever is earlier). Pursuant to such service contract, Mr. Huang will not receive any remuneration from the Group as a Director. Such service contract may be terminated by either party giving at least three months’ prior notice in writing.

As at the date of this announcement and save as disclosed above, Mr. Huang does not hold any other position with the Company or other members of the Group. Save as disclosed above, Mr. Huang does not and has not, in the past three years, held any directorships in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas. Save as disclosed herein, Mr. Huang does not have any relationship with any Director, member of senior management or substantial or controlling Shareholder of the Company. As at the date of this announcement, Mr. Huang does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

As at the date of this announcement and save as disclosed above, there is no other information relating to Mr. Huang’s appointment as an executive Director which is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Listing Rules. Save as disclosed above, there is also no other matter which needs to be brought to the attention of the Shareholders in respect of Mr. Huang’s appointment as an executive Director.

Notes:

(1) The total number of shares entitling the holder to attend and vote at the EGM is 4,032,032,861, the total number of H Shares entitling the holder to attend and vote on the same is 1,296,000,000, and the total number of A Shares entitling the holder to attend and vote on the same is 2,736,032,861.

— 3 —

• (2) Hong Kong Registrars Limited, the H share Registrar and Transfer Office of the Company, acted as the scrutineer who, based on the H share poll voting forms collected by the Company, performed calculation on the H share poll voting results.

• (3) There was no share entitling any shareholder to attend and abstain from voting in favour of the resolution at the EGM as set out in Rule 13.40 of the Listing Rules and there was no shareholder required under the Listing Rules to abstain from voting at the EGM. No other party had stated its intention in the Circular to vote against any resolution or to abstain and therefore none have done so at the EGM.

RESIGNATION OF EXECUTIVE DIRECTOR AND CHAIRMAN OF THE COMPANY AND STRATEGY COMMITTEE

The Board further announces that Mr. Sun Jiakang (孫家康) (“ Mr. Sun ”) has tendered his resignation as an executive Director and the chairman of the Company and the Strategy Committee of the Board with effect from 10 October 2017 to focus on his role and responsibilities within China COSCO Shipping Corporation Limited, the indirect controlling shareholder of the Company.

Mr. Sun has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the Shareholders.

The Board would like to take this opportunity to express its gratitude and appreciation to Mr. Sun for his valuable contributions to the Company as Director during his term of office.

APPOINTMENT OF CHAIRMAN OF THE COMPANY AND THE STRATEGY COMMITTEE OF THE BOARD

The Board further announces that the Board resolved to appoint Mr. Huang, as the chairman of the Company and the Strategy Committee of the Board with effect from 10 October 2017.

By Order of the Board COSCO SHIPPING Energy Transportation Co., Ltd. Yao Qiaohong Company Secretary

Shanghai, the People’s Republic of China 10 October 2017

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Huang Xiaowen, Mr. Liu Hanbo and Mr. Lu Junshan as executive Directors, Mr. Feng Boming, Mr. Zhang Wei and Ms. Lin Honghua as non-executive Directors, Mr. Wang Wusheng, Mr. Ruan Yongping, Mr. Ip Sing Chi, Mr. Rui Meng and Mr. Teo Siong Seng as independent non-executive Directors.

* for identification purpose only

— 4 —