Shareholding structure of Fujian Gulei Petrochemical Co., Ltd completed

Fujian Gulei Petrochemical Co., Ltd. (福建古雷石化有限公司) is located on the Gulei Peninsula on the southeast coast of China. It was established on November 3, 2016. It is a joint venture between:
- Fujian Refining and Chemical Co., Ltd. (福建炼油化工有限公司) — China and
- Xuteng Investment Co., Ltd. (phonetic translation, actual english name: Dynamic Ever Investments Limited, Chinese: 旭腾投资有限公司) — Taiwan
with a 50%:50% equity ratio. It is mainly responsible for the operation of the Gulei refining and chemical integration project as documented in the shareholding structure.
Dynamic Ever Investments Limited has been a subsidiary of USI Corporation. since Jan 13, 2017.
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