Dear Valued Customers, Partners, and Friends,

We formally announce that Mr. Ronald Xu has tendered his resignation, which has been accepted by the company. Mr. Ronald Xu’s last working day will be 21st March, 2025.

The company has appointed Mr. Jianhui YU to temporarily assume Ronald’s responsibilities. We kindly ask for your cooperation and support in the future work.

We appreciate Ronald’s contributions to the company and wish him well in his future endeavors. We look forward to seeing CIMC Offshore Assets achieve greater success under new leadership.

Thank you for your continued support.

Ms. Fran Liu

Customer and Investor Relations

CIMC Offshore Assets

+86 137 9126 8010

marketing@bluewhaleoffshore.com