On October 8, the commencement ceremony of the tank farm project of Yangzijiang Shipbuilding Group LNG Terminal Project was held. Mr. Ren Letian, the chairman of our group, the general contractor of the project, professional subcontractors and supervisors attended the commencement ceremony.

The total investment of LNG terminal project is planned to be 2.5 billion yuan, and 360000 cubic meters of LNG storage tanks and supporting projects will be built. The construction of Yangzijiang Shipbuilding Group Shipping LNG Terminal Project will help the application of national clean energy and provide emergency peak shaving gas sources for Wuxi, Changzhou and surrounding areas; It will also greatly promote the natural gas industry to serve the economic development and residents' lives of Jiangyin and Wuxi, help the energy structure adjustment and industrial structure layout of Wuxi, and also help the local implement the "coal to gas" policy, reduce pollution emissions, increase local taxes, and make contributions to promoting the transformation of regional energy consumption.