We have been conducting crude oil trading since the 1950s. Through our long history of crude oil trading, we have formed stable strategic relationships with many of our suppliers. We strive to seize trading opportunities in the dynamic international crude oil market by leveraging our market experience and capability of sourcing crude oil to cater to the changing needs of suppliers and customers.
We provide crude oil of various origins and grades to satisfy the needs of different domestic and overseas customers. During the Track Record Period, the trading volume of crude oil originated from Middle East and West Africa generally accounted for approximately 65% and 25% of the total trading volume.