Mr. Qin, aged 58, is currently the deputy general manager of the Company, the employee representative director and deputy general manager of COSCO SHIPPING Lines Co., Ltd. (a wholly-owned subsidiary of the Company), the chairman of Shanghai Ocean Shipping Co., Ltd., and the chairman of several subsidiaries of the Company. Mr. Qin started his career in 1988 and served successively as a captain of Shanghai Ocean Shipping Co., Ltd., the manager of maritime service center, crew management division and commerce division of COSCO Shanghai Manning Company Limited (上海遠洋對外 勞務有限公司), the deputy general manager and the general manager of the crew management department of organization/ human resources division of China Ocean Shipping Co., Ltd. (中國遠洋運輸有限公司), the general manager of China Japan International Ferry Co., Ltd. (中日國際輪渡有限公 司), the deputy general manager and the general manager of Shanghai Ocean Shipping Co., Ltd. (上海遠洋運輸有限公司), etc. Mr. QIN Jiangping graduated from Dalian Maritime College (currently known as Dalian Maritime University) majoring in nautical science with a bachelor’s degree in engineering, and is a senior captain.