Pingtan Marine Enterprise to Release 2020 First Quarter Financial Results on May 11, 2020

FUZHOU,China,May 7,2020 -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME),("Pingtan," or the "Company"),a global fishing companybasedin the People's Republic of China (PRC),announced today that it expects to release its financial results for the first quarter ended March 31,2020 after the U.S. market closes on Monday,May 11,2020,and will conduct aconference call to discuss the results at 8:00 a.m. Eastern Time(8:00 p.m. Beijing Time) onTuesday,May12,2020.

Conference Call Details

Tuesday,2020– 8:00 a.m. ET.

Participant Dial-In Numbers:

(United States):

877-407-0310

(International):

201-493-6786

Webcast

To listen to the live webcast,please go to http://www.ptmarine.comand click on the conference call link at the top of the page,or go to: https://78449.themediaframe.com/dataconf/productusers/pme/mediaframe/38112/indexl.html.This webcast will be archived and accessible through the Company's website for approximately 30 days following the call.

About Pingtan

Pingtan is a global fishing company engaging in ocean fishing through its subsidiary,Fujian Provincial Pingtan County Ocean Fishing Group Co.,Ltd.,or Pingtan Fishing.

CONTACT:

LiMing Yung (Michael)

Chief Financial Officer

Pingtan Marine Enterprise Ltd.

Tel: +86 591 87271753

michaelyung@ptmarine.net

Maggie Li

Investor RelationsManager

Pingtan Marine Enterprise Ltd.

Tel: +86 591 8727 1753

mli@ptmarine.net

INVESTOR RELATIONS

PureRock Communications Limited

PTmarine@pure-rock.com

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