On August 10, Antonio Jose Ribeiro, General Manager of Singapore Branch of Petrobras, and total 7 people investigated and visited our company for crude oil cooperation, negotiated such matters in the conference room of business hotel, and the President of Group Company, General Manager Wang Youde, Deputy General Manager Zhang Guifen, Assistant to General Manager Zhao Honggang and so on attended this meeting. 

Petrobras is the main supplier of crude oil in Brazil. This visit focused on “point-to-point” cooperation through reducing intermediate links after obtaining the independent right to import by our company. Through communication and exchanges, the preliminary cooperation intention has been reached basically.