Recently, SPC signed a strategic cooperation agreement with East China Branch of China National Aviation Fuel supply Co.,Ltd.（Hereafter refer as CNAF）.The two parties signed the strategic cooperation agreement on behalf of Guan Zemin, general manager of SPC, and Du Chao, general manager of East China Branch of CNAF. The two parties stated that through deepening cooperation in the upstream and downstream resource markets, the aviation fuel market in East China will be enlarged and strengthened to ensure the healthy development of the aviation fuel industry.

She Dong, assistant of the President of CNAF, attended the signing ceremony. He thanked Sinopec and SPC for their long-term strong support to CNAF and East China Branch of CNAF, and hoped that after the signing of the contract, the two parties would further deepen cooperation and provide strong support for the expansion and strengthening of aviation fuel resources in East China.

Yi Guangming, deputy general manager of Sinopec Refining Division, pointed out that the signing of the strategic cooperation agreement between SPC and East China Branch of CNAF marks the formation of a more secure and reliable cooperative relationship between the two parties, and provides a reference for other companies in the system to establish strategic cooperative relationships.

SPC and East China Branch of CNAF have had friendly and cooperative relations for many years, and have broader prospects for cooperation. On the one hand, with the strong support of Sinopec and East China Branch of CNAF, SPC’s jet fuel production and sales have achieved rapid development, providing a strong guarantee for the supply of jet fuel resources at target airports in East China. On the other hand, since the beginning of this year, the aviation industry in East China has recovered rapidly and will become a new growth point of our country's economy.

On this basis, the two parties signed a strategic cooperation agreement, SPC will fully cooperate with East China Branch of CNAF to strengthen the jet fuel terminal market, and East China Branch of CNAF will fully support SPC to expand the jet fuel market.

Sun Weisen, general manager of CNAF Petrochemical Pipeline Transportation Co.,Ltd., Du Jun, deputy general manager and financial director of SPC, and Luo Tao, deputy general manager of China National Aviation Fuel East China Co., Ltd., witnessed the signing of the two parties.