To further deepen cooperation consensus and advance the collaborative process of the AAL Oilfield Project in Indonesia, Mr. Pieters Utomo, CEO of Indonesian Prima Company, along with his delegation, visited United Petrochemical on March 2. Mr. Luo Yingnan, Vice Chairman of Fuhai Holding, and Mr. Liao Guangming, Vice President, led the team to accompany the visit and engage in in-depth exchanges.

On February 26, Luo Yingnan, Vice President of Fuhai Holding, led a delegation to visit ConocoPhillips China Inc. (“ConocoPhillips China” for short). The two sides held discussions on oil and gas exploration, new energy development, and other topics.

On February 26, the work conference of Dongying City themed “Encouraging Entrepreneurship and Responsibility, Accelerating Industrial Transformation and Upgrading to Ensure a Strong Start for the 15th Five-Year Plan Period” was held, where the CPC Dongying Municipal Committee and Dongying Municipal People's Government announced the commendation of the advanced collectives and individuals for 2025. With outstanding business performance and prominent social contributions, Fuhai Holding was awarded two honorable titles: “2025 Outstanding Tax-paying Enterprise in Dongying City” and “Advanced Collective for Breakthroughs in Accelerating Industrial Transformation and Upgrading”, kicking off its striving journey in 2026 with an impressive record. Luo Bing, President of Fuhai Holding, and Liao Guangming, Vice President, respectively accepted the awards on stage.