Dida Inc. — Capital/Financing Update 2018

May 9, 2018

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)

ANNOUNCEMENT IN RELATION TO THE REPLY MADE IN RESPECT OF THE QUESTIONS IN THE NOTIFICATION LETTER ON THE PROPOSED NON-PUBLIC ISSUANCE OF A SHARES

References are made to (a) the announcement of COSCO SHIPPING Energy Transportation Co., Ltd. (the “ Company ”) dated 31 October 2017; (b) the circular dated 4 December 2017 (“ Circular ”); (c) the announcement dated 15 December 2017; (d) the announcement dated 18 December 2017; (e) the announcement dated 27 December 2017; (f) the announcement dated 6 February 2018; and (g) the announcements dated 5 March 2018 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 defined, capitalized terms used herein have the same meanings as those defined in the Circular.

On 29 March 2018, the Company received a notification letter from the CSRC in respect of preparation for the meeting of the issuance committee of the CSRC to consider the Proposed Nonpublic Issuance of A Shares 《關於請做好相關項目發審委會議準備工作的函》( ) (the “ Notification Letter ”).

In accordance with the requirements of the Notification Letter, the Company and the relevant intermediaries have carefully studied and replied to the questions raised in the Notification Letter on 9 May 2018. For details, please refer to the relevant announcements published by the Company on the date of this announcement on the website of the Shanghai Stock Exchange as well as the Company’s overseas regulatory announcement on the website of the Hong Kong Stock Exchange.

* For identification purpose only

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The Proposed Non-public Issuance of A Shares is subject to the approval by the CSRC and it is uncertain whether the Proposed Non-public Issuance of A Shares will be approved. The Company will further announce relevant information based on the progress of the Proposed Non-public Issuance of A Shares and in accordance with the disclosure requirements under the relevant laws and regulations. Investors are advised to pay attention to the investment risks thereof.

Shareholders and potential investors should be aware of and take note that the Proposed Nonpublic Issuance of A Shares are still subject to the obtaining of the approval from the CSRC, and it may or may not proceed to completion. Shareholders and potential investors are reminded to exercise caution when 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 9 May 2018

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. 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.

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