CSSC SHIPPING (03877): Chairman of the Board of Directors Li Hongtao has been appointed as the Chief Executive Officer.

CSSC SHIPPING (03877) announced that the current employment contract with Li Xi will expire on December 31, 2024. Therefore, Li Xi will no longer serve as the company's General Manager, effective from December 31, 2024. During Mr. Li Xi's tenure as General Manager, he also served as the Chief Executive Officer of the company. After Li Xi's departure, Executive Director and Chairman of the Board, Li Hongtao, has been appointed as the Chief Executive Officer, effective from December 31, 2024. Ding Weisong has resigned as the company's Company Secretary, and Wu Guanhua has been appointed as the new Company Secretary, effective from December 31, 2024.