Dalipal has been awarded the bid for entering into framework agreements with Sinopec for procurement of the Group’s API OCTGand other oil pipes.

At the beginning of the second half year, good news spread frequently.

Following the successful bid for CNPC’s 2.1 billion order, Dalipal received the bidding notice of Sinopec, that the company has been awarded the bid for entering into framework agreements with China Petrochemical Corporation (“Sinopec”) for procurement of the Group’s American Petroleum Institute (“API”) standards oil country tubular goods (“OCTG”) and other oil pipes (the “Project”).

This award of bid once again fully reflects the Group’s comprehensive strength in terms of professionalism, intelligence, and service integration, as well as the Group’s recognition within the industry.