Refining and Petrochemicals segment is one of our core business segments, its development is one of the main growth points to our future profit. Our refining & petrochemicals base locates in Quanhui Petrochemical Industrial Park, Meizhou Bay Petrochemical Industrial Base, Fujian Province, with a processing capacity of 15 million tons/year crude oil, 1 million tons/year ethylene, and 800,000 tons/year paraxylene.