Sinopec Guande Holdings Co., Ltd. (hereinafter referred to as "Guangde Holdings") was established in Bermuda in March 1998 and was successfully listed on the Hong Kong Stock Exchange on June 25, 1999 (stock code: 00934). Currently, the total share capital of Guande Holdings is 2.48616 billion shares, of which Sinopec Guande International Co., Ltd. (hereinafter referred to as "Guangde International") holds 1.5 billion shares, accounting for 60.33%, and the public holds 986.16 million shares, accounting for 39.67%. The 100% equity of Guande International is held by China International Petrochemical Co., Ltd., a wholly-owned subsidiary of China Petrochemical Co., Ltd. (hereinafter referred to as "Sino Chemical").

Guande Holdings is a warehousing and logistics company with two wholly-owned subsidiaries: Economic and Trade Guande Development Co., Ltd. and Guande International Investment Co., Ltd. The main businesses include: unloading, storage and transportation of petroleum and petrochemical products, and ship transportation of liquefied natural gas. Guande Holdings is a Hong Kong-listed red chip subsidiary under Sinopec, and is also an important example of Sinopec's capital diversification. In 2010, the company's board of directors determined the company's new development position, which is to develop Guande Holdings into a "first-class international petrochemical warehousing and logistics company."

With the strong support of Sinopec, after a period of hard work and development, Guande Holdings has a total of 7 wholly-owned or joint venture warehouse terminal companies in China. Among them, one wholly-owned holding is Huizhou Dayawan Huade Petrochemical Co., Ltd.; one joint venture company with a 90% shareholding ratio, namely Tangshan Caofeidian Shihua Crude Oil Terminal Co., Ltd.; five joint venture companies with a 50% shareholding ratio, respectively It is: Zhanjiang Port Petrochemical Terminal Co., Ltd., Ningbo Shihua Crude Oil Terminal Co., Ltd., Qingdao Shihua Crude Oil Terminal Co., Ltd., Rizhao Shihua Crude Oil Terminal Co., Ltd. and Tianjin Port Shihua Crude Oil Terminal Co., Ltd. In addition, there are 3 overseas warehousing projects, including Vesta Terminals and Fujairah Oil Terminal FZC, which are put into operation, and PT.West Point Terminal is no longer continuing. The company is also involved in the liquefied natural gas ship transportation business, owns 2 liquefied natural gas ship transportation joint ventures, and operates 8 natural gas transport ships.

Looking to the future, the company will continue to adhere to the competitive and open business philosophy, and strive to build Guande Holdings into an international storage and transportation company with outstanding main business, excellent assets, scientific management, rigorous financial resources and strong competitiveness.