Asia Energy Logistics : CHANGE OF AUTHORIZED REPRESENTATIVES

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ASIA ENERGY LOGISTICS GROUP LIMITED

亞 洲 能 源 物 流 集 團 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 351)

CHANGE OF AUTHORIZED REPRESENTATIVES

The board (the "Board") of directors (the "Directors") of Asia Energy Logistics Group Limited (the "Company") wishes to announce that with effect from 28 August 2020, Ms. Jian Qing, an Executive Director, and Mr. Suen To Wai, the Company Secretary, have been appointed as the authorized representatives of the Company under Rule 3.05 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in place of Mr. Fu Yongyuan and Ms. Wong Shak Ha.

By order of the Board

Asia Energy Logistics Group Limited

Pang Yuet

Chairman and Executive Director

Hong Kong, 28 August 2020

As at the date of this announcement, the Executive Directors of the Company are Mr. Pang Yuet (Chairman), Ms. Jian Qing, Mr. Fu Yongyuan and Mr. Wu Jian; and the Independent Non-executive Directors of the Company are Mr. Ng Kwun Wan, Mr. Wong Cheuk Bun and Mr. Chan Sing Fai.