Shandong  Marine  Energy  Co., Ltd. (hereafter called the company), a wholly-owned subsidiary of Shandong Marine Group Ltd., was established in 2014, with a registered capital of RMB 500 million. The company focuses on offshore oil and gas engineering services and clean marine energy industry chain and strategically builds a comprehensive supply chain service system centered on offshore engineering equipment services, ocean oil and gas transportation services, port warehousing and logistics services and energy international trade. The development pattern of clean energy industry chain featuring offshore oil and gas resources development in the upstream, ocean transportation, warehousing and logistics services in the midstream and energy trade terminal services in the downstream has been basically formed. The company is committed to developing into a leading domestic and international first-class clean energy supply comprehensive service provider.