Hengyi Petrochemical Co., Ltd.

Hengyi Petrochemical Co., Ltd. (Stock Code: 000703.SZ) is a prominent player in the manufacturing sector, specializing in the petroleum, chemicals, and biomedicine industries. The company is recognized as a globally leading integrated industrial chain leader in "refining – chemical – chemical fiber." It has established a strategic foothold in Southeast Asia through the Brunei Refining & Chemical Phase I project, complemented by domestic PTA-PET and CPL-PA6 plants that form its industrial foundation. Hengyi Petrochemical operates a fully integrated industrial chain that encompasses upstream, midstream, and downstream operations, allowing for efficient cross-border coordination. The company has initiated the construction of the Brunei Refining & Chemical Phase II project to enhance its overseas market share. Its business model features a "polyester + polyamide" dual-driven approach, with significant capacities in refining, polymerization, and chemical production. The company is committed to advancing its "Technology-driven Hengyi" strategy, focusing on green manufacturing, circular economy principles, and the development of high-value-added products to reinforce its competitive position in the industry.

Hengyi Petrochemical (Stock Code: 000703.SZ), as a globally leading integrated industrial chain leader in "refining – chemical – chemical fiber", has established its upstream strategic foothold through the Brunei Refining & Chemical Phase I project in Southeast Asia, with domestic PTA-PET and CPL-PA6 plants serving as its industrial foundation. By leveraging efficient cross-border coordination and vertical integration across upstream, midstream, and downstream operations, the Company has built a fully integrated industrial chain closed loop from crude oil processing to chemical fiber products. This has resulted in a unique domestic industrial portfolio featuring a "polyester + polyamide" dual-driven model and a well-balanced columnar structure across its business segments. The Company has fully initiated the construction of the Brunei Refining & Chemical Phase II project to further increase its overseas market share and strengthen its integrated and global competitive advantages. While maintaining its industry-leading position, the Company is accelerating the implementation of the "Technology-driven Hengyi" strategy, adhering to the principles of "green manufacturing" and "circular economy". Centered around its core businesses, the Company is steadily advancing technological R&D, product commercialization, and process innovation for high-value-added products. At the same time, it is actively promoting the R&D and industrial application of supporting products such as catalysts, spinning oils, and auxiliaries, thereby laying a solid foundation for sustainable development. Driven by digitalization and intelligent manufacturing, the Company is marching confidently toward its ambitious goal of becoming a domestically leading and internationally first-class private multinational industrial group in the "refining – chemical – chemical fiber" sector.