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Sinostar PEC Chairman Elected President of Shandong Oil Refinery &Petrochemicals Industry Association

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Sinostar PEC Chairman Elected President of Shandong Oil Refinery &Petrochemicals Industry Association Sinostar PEC Holdings Ltd Company Registration No. 200609833N 6 Temask Boulevard, #39-03 Suntec Tower Four, Singapore 038986 Tel: (65) 9756 1181 Fax: (86) 530 728 1777 http:/www.sinostar-pec.com MEDIA RELEASE Sinostar PEC Chairman elected President of Shandong Oil refinery &Petrochemicals Industry Association • Li Xiang Ping, Non-Executive Chairman of Sinostar PEC, is elected as President of the Association SINGAPORE, 14 September 2015 – Sinostar PEC Holdings Limited (“ Sinostar PEC ” or the “ Group ”), one of the largest producers and suppliers of downstream petrochemical products within the Dongming Petrochem Industrial Zone, is pleased to announce that its Non-Executive Chairman, Mr Li Xiang Ping, has been elected as the President of Shandong Petroleum & Chemical Industry Association (the “Association”). Mr Li Xiang Ping is dubbed as one of the country's leading figure of private refining enterprises. Speaking as the new elected President of the Association, Mr Li Xiang Ping said, “I’m truly honoured by the trust and faith the Association has placed in me, especially when they unanimously elected as President. The previous President has laid a foundation which I can leverage on to lead the Association to greater heights. I am excited to be on this new journey and ready to lead the members to face the challenges ahead and strive for more industry liberation. I look forward to continuously help the Petroleum and Chemical Industry in China flourish for years to come.” The Association, established in December 1995, is a non-government, not-for-profit organisation consisting of companies, institutes, sectional associations and local associations in the petroleum and chemical industry on the voluntary basis. It is the umbrella organization that provides service and implements certain administrative functions within this industry on the national level. The Council Conference was held at Jinan on 30 August 2015 and attended by the Association’s former President, Liu Ai Ying. -End- 1 | P a g e About Sinostar PEC Holdings Limited (www.sinostar-pec.com ) Listed on the Mainboard of the Singapore Securities Exchange Trading Limited (SGX-ST), Sinostar PEC Holdings Limited is one of the largest producers and suppliers of downstream petrochemical products within a 400km radius of its production facilities within the Dongming Petrochem Industrial Zone in Dongming County of Shandong Province, PRC. Situated within the Zhongyuan Oilfield - one of PRC’s largest oilfields, and linked by a comprehensive logistics network, Sinostar is able to reach out to the nearby populous and industrialised provinces such as Shandong, Henan, Anhui, Jiangsu, Shaanxi, Hebei and Zhejiang.The Group comprises Sinostar PEC Holdings Limited and its wholly-owned PRC subsidiary, Dongming Hengchang Petrochemical Co.,Ltd., which has total processing capacity of 550,000 tonnes of processed LPG and the capacity to process generated propylene into another 50,000 tonnes of polypropyleneat two gas-fractionation production plants. Backed by a strong reputation and credible track record for quality products and services, the Group’s “Hengchang” brand of polypropylene was named “Shandong Province Famous Trade Mark” and “Shandong Top Brand” in China. The Group also has attained three major international certificationsfor quality, environment, and occupational health and safety -namely ISO9001:2001, ISO14001:2004 and OHSAS18001:1999. Issued for and on behalf of SinoStar PEC Holdings Ltd. by Cogent Communications Pte Ltd. For media and investor related matters, please contact: Emily Choo Gerald Woon Consultant Director DID: (65) 6704 9278 DID: (65) 6704 9268 MOB: (65) 9734 6565 MOB: (65) 9694 8364 Email: [email protected] Email: [email protected] Jessica Teh Associate DID: (65) 6704 9277 MOB: (65) 9237 8654 Email: [email protected] 2 | P a g e .
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