LONYER fuel oil

   Shanghai Lonyer Fuel OilJoint Stock Co., Ltd was established in 1997 with the headquarters located atFinancial Trade Area, Lujiazui, Pudong, Shanghai with registered capital of 440million Yuan (RMB). Lonyer Fuel Oil landed on share A market successfully inAugust 2012 with security code 603003.SH. The company is positioned as a listedenterprise of professional bulk commodity trade service provider and internetinfrastructure service provider. In 2016, the company obtained a sale income of1.6 billion Yuan, ranking the fifteenth place in Top 100 Private Enterprises ofShanghai in 2016.

In the field of bulk commodity, the company developsoil product trade and metal trade.

        The company has established favorable business cooperation relationship with many refining enterprises so as to have the purchase ability of oil products for large batch, many varieties from many fields. The company has set subsidiaries and operation offices in Shanghai, Dalian, Guangzhou, Zhoushan, Ningbo, Jiangyin, Nantong and other places to carry out the business of oil products supply with business scope covering main costal ports and areas of the middle and lower reaches of Yangtze River. The company has complete business chain for oil products supply and corresponding hardware measures including an oil product storage base with total volume close to 70,000 cubic meters and supporting coastal quays as well as 9 ships for oil product transportation and refueling. The company has many types of business qualifications for oil product operation, ship transportation, ship refueling, ship agency, etc so as to have comprehensive oil product supply and service ability.

　　The company, depending on the trade experienceaccumulated in many years and the platform of listed company, introducesprofessional team form world Top 500 enterprises to develop non ferrous metaltrade and mainly provides logistics supply chain management, price riskmanagement and financing credit management service to upstream and downstreamcustomers of the Industry. The company has become domestically leading serviceprovider for non ferrous comprehensive at present. 

　　On the basis of developing bulk commodity trade prudently, the company succeeded in raising fund 3.5 billion Yuan through the method of non-public issuance of stock in September of 2016 and used it to purchase 100% stock right of Beiing Jinhanwang Technology Co., Ltd and increased the investment to construct cloud calculation operation center. The project is located at Airport Economic Zone, Shunyi District, Beijing and is 6.4KM to Capital Airport, covers 16,700 square meters. The building area is 53,900 square meters. And the electric capacity exceeds 10KVA. 

The implementation of the project is an important measure of the company for Industry upgrading and Industry transformation under the large background of country’s “one belt, one road” strategy and quick development of Chinese big data Industry. In the future, the company will continue its configuration and gradually form nationwide inter-connecting data center network plus with internationally first-rate cloud service technology and provide excellent and safe integrated solution for data storage so as to advances with large step in the strategic direction of “double-core drive and equal emphasis on production and investment”.