The Board of directors of Pearl Oriental Oil Limited announced that Mr. Chen Bin has been appointed as Chief Executive Officer of the company with effect from 24 June 2019, and Mr. Chen will also be appointed as an executive director of the company with effect from 28 June 2019 immediately after the annual general meeting of the company to be held on 28 June 2019. Mr. Chen joined the PetroChina Harbin Petrochemical Company in 1980, and was holding the position of Director of Transport and Sales from 1996 to 2003.