China Ocean Industry Group Limited announced Mr. Wang San Long has tendered his resignation as an executive Director with effect from on 21 November 2017, as he plans to devote more attention and dedication to his other business engagement. The Board announced that, with effect from 21 November 207, Dr. Zhang Weibing has been appointed as an executive Director. Dr. Zhang holds a bachelor degree in economics, a master degree in finance from Peking University and a doctoral degree in finance from Sichuan University. He has over 26 years of working experience in financial securities industry. Dr. Zhang is the chairman and an executive director of Titan Petrochemicals Group Limited, a company listed on the main board of the Stock Exchange.