Hans Energy Company Limited (the “Company”) and its subsidiaries (the “Group”) is a leading operator in providing integrated facilities of jetties, storage tanks, warehousing and logistic services in south China for petroleum, liquid chemicals and gases products, offering value-added services in its own ports and storage tank farms (the “terminal storage business”) and trading of oil and petrochemical products (the “trading business”).

The Group’s strategy is to extend its principal business from the terminal storage business to the oil and petrochemical products wholesale and trading business and then further expand into retail business market. With the Group’s first filling station in Zengcheng, Guangzhou was built and operated (the “retail business”), the Group’s business chain will be extended from midstream to downstream. It is expected to expand the Group’s business segments into three principal activities: oil and petrochemical products wholesale and trading, terminal storage as well as filling station retail business and strengthen the position of the Group in the oil and gas industry in the PRC.