About STRONG PETRO Company

Straits Petrochemical Holdings Co., Ltd. is a petroleum products trading company that specializes in trading petroleum and chemical products such as crude oil, refined oil products and petrochemical products. The group is also engaged in the production of petrochemical products. Our Hong Kong operating subsidiary, Strong Petrochemical (HK), commenced operations in 2000. The petroleum and chemical products traded by the Group can be broadly divided into (i) crude oil; (ii) refined oil products; and (iii) petrochemical products. The group's position is to meet the needs of China's state-owned authorized import agents for petroleum products by supplying various petroleum products. As China's demand for imported petroleum products continues to increase, the group plans to develop China's storage business by implementing the Nantong project and investing in a Tianjin company in 2007. The group has long been optimistic about the future of petrochemical products manufacturing, processing and sales, so it invested in the Hainan project in 2012. The Hainan subsidiary began trial operation in 2014. In 2014, the Group began investing in crude oil and petroleum product derivatives and securities, which helped the Group develop more diversified businesses.