The year 2004 was an important year for the development of the Company. Based on the facts that the Company has had well established structures, talented professional team and efficient marketing network and benefited from the growing economy of the world and China, we decided to continue to operate and expand the petrochemical business at the time when the new Management Team was appointed to the Board of Directors of the Company.     The year 2004 was a fast growing year for the petrochemical industry in China. Due to the global economic recovery, the demand for petrochemical products in China has significantly been increasing since 2004. The sound international situation and the continuous economic growth in China have created a giant market potential for the petrochemical sectors in China. Presently China has become the second largest oil consumption country in the world.     We fully realize that corporate governance is very important for the development of an enterprise. We will increase the transparency of the company's operation and enhance the information grasping of our shareholders. Apart from audit committee, remuneration committee is also set up to review the remuneration and performance of directors and senior executives, and to submit the reasonable and fair guidance of remuneration to the Board of Directors. Meanwhile, to enhance the internal supervision and to prevent individualism, we have separated the role of the Chairman and the Chief Executive Officer. The two positions are held by two different persons. We are using all our best endeavours to show that we are highly responsible to our shareholders.     We, all members of the Board of Directors and staff, strongly believe that with the dedicated team fighting with all our might, working with collective wisdom and concerted efforts, we are surely able to establish a successful petrochemical enterprise.       Chairman and an Executive Director Dr. Hui Chi Ming, GBS, JP.               Disclaimer   Contact Us   Links