ShengquanEnergy Oil and Gas Group Company Limited (herein after referred to as "Shengquan Energy") is an overseas company mainly specialized in trading of Crude Oil;LNG (liquefiednatural gas);LPG (liquefiedpetroleum gas);Fuel Oil;Non-ferrous metalsand Precious metals commodities.

Another division deals with agricultural and food/non-food commodities.

In some casesShengquan participate with direct investments on projects that involve the rawmaterials who currently have strategic interest.

ShengquanEnergy relies on the basic energy to develop in depth, aiming to become a newenergy trading and services as one of the industrial investment platform.

Themanagers that make up the management group can boast more than thirty years ofexperience in the shipping sector and at least twenty five years in the rawmaterials trading sector. After years of development and acquired experience inthe main markets, the company’s business is all over the world, such ascountries in Europe; Africa; South America and southeast Asian and hasbranches; offices or local collaborators in Paris; Milan; Lusaka; Abuja;Beijing; Shanghai and Qinhuangdao.

ShengquanEnergy brings together and integrates a wide range of domestic and overseasenergy companies and oil refineries relying on its years of professionalexperience.

Itprovides service and cooperation platform of information, resources andproducts among domestic and overseas companies and factories.

Meanwhile,with its professional qualifications in the industry, Shengquan Energy becamethe member of SHPGX    -(Shanghai Petroleum and Natural Gas Exchange Co., Ltd.).

Thanksto SGHPX Shengquan Energy have achieved a lot of cooperation with Petrochina,Sinopec, China gas; CNOOC, etc.

Withthe change in the world energy market model and the rapid increase in theChinese energy market, it was considered appropriate to establish the company'sheadquarters in Beijing, the capital of China, in order to better serve theChinese market, promote the development of the Chinese energy trade and havinga privileged position on energy developments and more of the entire Far East,in a broader framework.

The total turnover of the entrepreneurial group of which Shengquan is an integralpart was in 2021 equal to over 14 billion $ and the objectives in 2022 werelargely exceeded, bringing sales to over 16 billion $ of which about 40% isattributable to Shengquan.The numbers regarding 2023 are further significantly increasing both from an arithmetic and profitability point of view.

The impeccable financial management with the maincredit institutions   (Bank of China and Bank of Shanghai among others   ) completes the DNA of ourbusiness model.

Reviewingthe past and looking forward the future, Shengquan Energy will continue toprovide high quality energy and service, committed to become the most respectedinternational energy investment enterprises.