Dida Inc. — Capital/Financing Update 2017

Nov 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.

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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)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the announcement dated 31 October 2017 (the “ Announcement ”) issued by COSCO SHIPPING Energy Transportation Co., Ltd. (the “ Company ”) in relation to, among other things, (i) the Proposed Non-public Issuance of A Shares, (ii) the Subscription, (iii) the Specific Mandate, (iv) the Whitewash Waiver, and (v) the Shareholders’ Return Plan. Unless otherwise defined, terms used herein shall have the same meanings as those defined in the Announcement.

Pursuant to Rule 2.1 of the Takeovers Code, the Board is pleased to announce that Messis Capital Limited (“ Messis ”), a corporation licensed to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), has been appointed as the independent financial adviser (the “ Independent Financial Adviser ”) to advise the Independent Board Committee and the Independent Shareholders in respect of, among other things, the Proposed Non-public Issuance of A Shares, the Subscription, the Specific Mandate, and the Whitewash Waiver. The appointment of Messis as the Independent Financial Adviser has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code.

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The letter from the Independent Financial Adviser in respect of its advice as stated above will be included in the circular to be despatched by the Company to the Shareholders in due course.

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

Company Secretary

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

The Directors jointly and severally accept full responsibility for the accuracy of the information contained 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 statements in this announcement misleading.

* For identification purpose only.

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