OUR CORPORATE STRUCTURE

Our Group comprises Sinostar PEC Holdings Limited and our PRC 100% controlled subsidiary, Dongming Hengchang Petrochemical Co., Ltd. who run a total of 550,000 tonnes of gas-fractionation production plants in two locations.

Dongming Hengchang acquired a 100% equity interest in Dongming Changshun Transport Company Limited and its subsidiary Dongming Changshun Transport Company Ltd Ganyu Subsidiary Company in July 2015 from our strategic partner, Shandong Dongming Petrochem Holdings Group.

In order to minimise duplicate costs and improve operational efficiency, Dongming Changshun Transport Company Ltd and Dongming Changshun Transport Co. Limited Ganyu Subsidiary Company has merged into one with effect from 24 January 2017. Following the completion of the merger, Dongming Changshun Transport Company Limited will be surviving entity.

PEOPLE’s REPUBLIC OF CHINA

100% wholly-owned 100% wholly-owned Branch Office