Chemical Tanker "Yan Hui" Successfully Docks, Wanhua Chemical Penglai Terminal's Inaugural Operation Achieves Complete Success

Recently, the inaugural vessel docking ceremony for Wanhua Penglai was held at Sinochem Penglai Terminal. Han Jianguo, Party Secretary and General Manager of Sinochem Energy Logistics Co., Ltd., was invited to attend the ceremony and witnessed this important moment of bilateral cooperation results together with Yuan Shuai, Vice President of Wanhua Chemical Group Co.,Ltd., leadership teams from Wanhua Chemical (Penglai) Co., Ltd., and Sinochem (Penglai) Petrochemical Storage and Transportation Co., Ltd.

**Collaborative Win-Win Strategy for Future Development**

The operation of this shoreline terminal represents the collaborative development achievement between Sinochem Energy Logistics and Wanhua Chemical (Penglai). The successful docking of the inaugural vessel is not only a landmark breakthrough in logistics operations, but also marks the beginning of a new chapter of deep cooperation between Sinochem Penglai and Wanhua Penglai, carrying milestone significance.

The commissioning of new pipelines will facilitate efficient loading and unloading of raw materials and products for Wanhua Penglai, closely connecting Sinochem Penglai Port with Wanhua Penglai Chemical Industrial Park to create a "front port, back factory" model, establishing a new paradigm for petrochemical storage operations and helping Sinochem Penglai become a model for the logistics company's strategic new development.

Looking ahead, Sinochem Penglai will use this inaugural vessel docking as a new starting point, actively leveraging its role as a port supply chain hub to provide customers with more efficient, convenient, and safer services, while continuously deepening the scope and breadth of cooperation with Wanhua Penglai. Both parties will further integrate resource advantages, jointly address opportunities and challenges brought by market changes, explore more collaborative possibilities in various fields based on consolidating existing cooperation, write more chapters of mutually beneficial cooperation, and work together to contribute positive momentum toward promoting high-quality local economic development and facilitating transformation, upgrading, and prosperous development of the petrochemical industry.