Oriental Energy Co., Ltd.

Oriental Energy Co., Ltd., founded in 1996 and listed on the Shenzhen Stock Exchange in 2008, is a leading player in the wholesale sector, specializing in the production and trading of petrochemical products. Originally the world’s largest LPG trader and China’s largest LPG importer, the company has successfully transitioned to become the world’s largest propane dehydrogenation manufacturer. Its operations focus on the production of propylene from propane, the polymerization of propylene into polypropylene, and the sale and utilization of high-purity hydrogen. The company employs a whole industry chain model that integrates upstream, midstream, and downstream processes, enhancing its risk-resistance and profit-making capabilities. Its main production facilities are located in Zhangjiagang and Ningbo, where significant capacities for PDH and polypropylene have been established. Oriental Energy is also advancing its new material sector in alignment with national strategies, emphasizing R&D and technological innovation. Additionally, the company is developing hydrogen energy solutions and integrating supply-chain finance to support its operations and foster growth in the plastic and manufacturing sectors.

Adopt the Whole Industry Chain Model:The “propane-propylene-polypropylene” whole industry chain model that we adopt which covers upstream, midstream and downstream products will help enhance our risk-resistance and profit-making capabilities, forging a good circle of “production boosting trade and trade boosting downstream sectors”, therefore fully demonstrating our scale advantages and collaborative advantages.Follow the National Strategy:Our new material sector has been incorporated into one of the emerging sectors of the country’s 13th Five-Year Plan. We firmly adhere to the national strategy by focusing on gas resources and its downstream petrochemical products such as polypropylene. We will put more efforts on the R&D and process technology innovation, fostering new driving force and highlights in our future growth.Hold Tremendous Potential for Hydrogen Energy:After the completion of all our projects as scheduled, there is an estimated production of 200,000 tons of hydrogen per year as the by-product of PDH plants, which will be applied for the development of hydrogen fuel cells and hydrogen refueling stations. The hydrogen energy sector will foster fresh impetus to our sustaining growth as one of our major strategies.Supply-chain Finance:We strongly advocate the national “Internet plus” policy and emphasize its application to the plastic and manufacturing sector, for example, use the IoT technology to arrange capital financing and understand the latest resource demands. We provide high-quality financial services for the upstream and downstream of the industry chain based on the supply chain, reliable credit system and information-sharing.