Dida Inc. — Board/Management Information 2021

May 31, 2021

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 [106 x 70] intentionally omitted <==

COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.[*]

(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1138)

PROPOSED RE-ELECTION AND ELECTION OF DIRECTORS AND SUPERVISORS

PROPOSED RE-ELECTION AND ELECTION OF DIRECTORS AND SUPERVISORS

The board (the “ Board ”) of directors (the “ Directors ”) of COSCO SHIPPING Transportation Co., Ltd. (the “ Company ”) is pleased to announce that the Board and the supervisory committee of the Company (the “ Supervisory Committee ) have proposed to re-elect and elect (as the case may be) the Directors and the supervisors of the Company (the “ Supervisors ”) (other than employee representative Supervisors) to constitute the tenth session of the Board and the Supervisory Committee, respectively.

The ordinary resolutions in relation to the proposed re-election and election will be proposed at the forthcoming annual general meeting of the Company to be convened on Wednesday, 30 June 2021 (the “ AGM ”). The terms of office of the tenth session of the Board and the tenth session of the Supervisory Committee will be for 3 years with effect from the date of the approval of the appointments at the AGM (other than Mr. Teo Siong Seng, whose term of appointment shall be up to 28 December 2021).

Proposed re-election and election of Directors

The Board has proposed the re-election of the following persons as Directors of the tenth session of the Board:

• (a) each of Mr. Liu Hanbo and Mr. Zhu Maijin as executive Directors of the tenth session of the Board;

• (b) each of Mr. Zhang Qinghai and Mr. Liu Zhusheng as non-executive Directors of the tenth session of the Board; and

• 1 -

• (c) each of Mr. Teo Siong Seng, Mr. Victor Huang, Mr. Li Runsheng and Mr. Zhao Jinsong as independent non-executive Directors of the tenth session of the Board.

The Board has also proposed the election of Mr. Wang Zuwen (“ Mr. Wang ”) as an independent nonexecutive Director of the tenth session of the Board.

The biographical details of Mr. Wang is set out as follows:

Mr. Wang

Mr. Wang, born in November 1955, holds a doctorate degree in engineering. Mr. Wang serves as an independent director of Jinzhou Port Company Limited (stock code: 600190.SH), and had successively been an associate professor, a professor, a doctoral advisor and a vice chancellor of Harbin Institute of Technology and a professor and the chancellor of Dalian Maritime University.

In accordance with the articles of association of the Company, subject to the approval of the shareholders of the Company (the “ Shareholders ”) at the AGM, Mr. Wang’s appointment will be for 3 years with effect from 30 June 2021 and Mr. Wang will enter into a service contract with the Company for a term of 3 years. During the proposed term of appointment, Mr. Wang will be entitled to a director’s fee of RMB150,000 per year, which is determined with reference to his duties and responsibilities and the prevailing market conditions, and meeting allowance of RMB3,000 for one Board meeting and RMB2,000 for one Board committee meeting.

Save as disclosed above, as at the date of this announcement, Mr. Wang (i) did not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company; (ii) did not have any interests 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); (iii) did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iv) did not hold any other positions with other members of the Group.

Save as disclosed above, there are no other matters that need to be brought to the attention of the Shareholders in connection with the proposed election of Mr. Wang and there is no information which is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Proposed re-election of Supervisors

The Supervisory Committee has proposed to re-elect Mr. Weng Yi and Mr. Yang Lei as the Supervisors (other than employee representative Supervisors) of the tenth session of the Supervisory Committee.

• 2 -

GENERAL

A circular containing, among other things, further details of the proposed re-election and election of Directors and Supervisors, the biographical details of the Directors and the Supervisors proposed to be re-elected and elected (as the case may be) and a notice convening the AGM will be despatched 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 31 May 2021

As at the date of this announcement, the Board comprises Mr. Liu Hanbo and Mr. Zhu Maijin as executive Directors, Mr. Zhang Qinghai and Mr. Liu Zhusheng as non-executive Directors, Mr. Rui Meng, Mr. Teo Siong Seng, Mr. Victor Huang, Mr. Li Runsheng and Mr. Zhao Jinsong as independent non-executive Directors.

• For identification purposes only

• 3 -