Dida Inc. — Capital/Financing Update 2017

Dec 15, 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)

APPROVAL OF THE PROPOSED NON-PUBLIC ISSUANCE OF A SHARES AND THE SUBSCRIPTION BY SASAC

Reference is made to (a) the announcements of COSCO SHIPPING Energy Transportation Co., Ltd. (the “ Company ”) dated 31 October 2017, and (b) the circular dated 4 December 2017 (“ Circular ”) issued by the Company in relation to, among other things, the Proposed Non-public Issuance of A Shares, the Subscription Agreement, the Whitewash Waiver and the Special Deal.

Unless otherwise specified, capitalized terms used herein have the same meanings as ascribed to them in the Circular.

On 15 December 2017, the Company was notified by COSCO Shipping that it has received the approval from the SASAC in respect of the Proposed Non-public Issuance of A Shares and the Subscription. As such, one of the conditions precedent to the Proposed Non-public Issuance of A Shares and the Subscription has been fulfilled.

Shareholders and potential investors should be aware of and take note that the Proposed Non-public Issuance of A Shares are still subject to other conditions precedent, and it may or may not proceed to completion. In particular, the Whitewash Waiver may not be approved by the Independent Shareholders. Shareholders and potential investors are reminded to exercise caution when

— 1 —

dealing in the securities of the Company, and consult their professional advisers if they are in any doubt about any aspect of the Circular or as to the action to be taken.

By order of the Board COSCO SHIPPING Energy Transportation Co., Ltd. Yao Qiaohong

Company Secretary

Shanghai, the People’s Republic of China 15 December 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.

All the Directors jointly and severally accept full responsibility for the accuracy of the information in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any of the statements in this announcement misleading.

• For identification purpose only.

— 2 —