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President Liu Deshu Visiting Fujian Province

Date:2006-08-18 Source:Sinochem Group

From Aug.8th to 10th, President and CEO Liu Deshu visited Fujian Province. In Quanzhou city, President Liu made a survey to understand the investment environment of Quanzhou Petrochemical Industry Park. During his visit in Fujian, He also met with Fujian Province’s Party Secretary Lu Zhangong and Quanzhou city’s Party Secretary Zheng Daoxi. Sinochem’s vice President Li Hui and CFO Chen Guogang and other people from President Office, Investment Department and Oil Center accompanied President Liu visiting Fujian.

On Aug.9th, President Liu Deshu met with Lu Zhangong, Fujian Province’s Party Secretary. President Liu briefed the Party Secretary about Sinochem’s recent development and strategic realignment. He said that Fujian Province enjoys excellent geological location and the investment environment is quite sound. He believed that Fujian could build a wonderful economic zone on the west on Taiwan Strait under the leadership of local government.

Party Secretary Lu Zhangong expressed his warmest welcome of President Liu’s visit. He also made an introduction of Fujian’s local economic development. Party Secretary Lu said Fujian is becoming more and more appealing to tempt investors as the Province strives to improve its investment environment. He said the Fujian local government will show its full support to Sinochem’s investment in Fujian and to achieve a final win-win situation.