On the afternoon of November 5, 2021, Star Energy signed the first contract in the CIIE. At the 2021 Hubei-Shanghai (Yangtze River Delta) Economic and Trade Cooperation and Open Platform Investment Promotion Conference, Star Energy signed a cooperation agreement for 2022 with Hubei Communications Group, with a planned import and export trade volume of 200,000 tons of petrochemical products such as asphalt by 2022. And the parties decided to start on the collaborative development of the entire industrial chain for the supply, storage, transportation and processing of asphalt along the Yangtze River, as well as the exploration of cooperation in environmental protection in oil product logistics. This is the third cooperation between Star Energy and Hubei Communications Group since the second CIIE in 2019, and Star Energy will continue to invest in infrastructure in hinterlands.

2021 Hubei-Shanghai (Yangtze River Delta) Economic and Trade Cooperation and Open Platform Investment Promotion Conference

Mr. Hua Jing (right), Chairman of Star Energy Singapore Co., Ltd., is signing a contract with Mr. Ye Shujun (left), Executive Director of Hubei Province Communications Investment Zhiyuan Advanced Material & Technology Co., Ltd.

Leaders from Star Energy Group and Hubei Communications Group on the Promotion Conference