Li Xiangping
Executive Chairman and Chief Executive Officer
Issuer CEO; also Chairman of related Dongming Petrochem. As reported at 2026-04-01The business, the people and the ownership behind Sinostar Pec.
Business overview
Sinostar PEC Holdings Limited produces and supplies downstream petrochemical products from Dongming County, Shandong Province, China. Its products include propylene, polypropylene, LPG, purified isobutylene, MTBE, hydrogen and mixed gas. The group also provides logistics and transportation services for petroleum products. Its current subsidiary structure comprises Dongming Hengchang Petrochemical and Dongming Changshun Transport, with Qianhai merged into Hengchang during 2025. The Ganyu operation is a branch office of Changshun.
Listed security
Board & management
Six directors, two other current key managers and one secretary. Former Qianhai manager Huang stepped down on 17 September 2025. Yan remains listed in the annual report and April 2026 AGM roles; the dated investigation and safeguards are recorded separately.
Executive Chairman and Chief Executive Officer
Issuer CEO; also Chairman of related Dongming Petrochem. As reported at 2026-04-01Executive Director; Deputy Chief Executive Officer; Chief Financial Officer
Deputy CEO appointed 18 February 2021. Continued annual/AGM role is distinct from the 27 August 2025 investigation and temporary decision handover disclosure. As reported at 2026-04-01Non-Executive Director
Appointed 29 April 2019. His CEO position at Dongming Petrochem is an external affiliated-company role. As reported at 2026-04-01Lead Independent Non-Executive Director
Remuneration chairman; Audit and Nominating member. Re-election passed 24 April 2026. As reported at 2026-04-01Independent Non-Executive Director
Audit chairman; Remuneration and Nominating member. As reported at 2026-04-01Independent Non-Executive Director
Nominating chairman; Audit and Remuneration member. As reported at 2026-04-01General Manager (Dongming Changshun Transport Company Limited)
Current annual key manager; original name wraps Chang-shun across lines. As reported at 2025-12-31Group General Manager; General Manager (Dongming Hengchang Petrochemical Co., Ltd.)
Oversees Hengchang general operations. As reported at 2025-12-31Company Secretary
ACIS; separately named as Company Secretary in the 25 August 2025 directors-interest notification. As reported at 2026-04-01Former General Manager (Dongming Qianhai Petrochemical Co., Ltd.)
Stepped down after the Hengchang/Qianhai merger completed 17 September 2025; not a current separate Qianhai manager. As reported at 2025-09-17Yan Tailing assisting regulatory investigations
Issuer 27 August 2025 disclosure says MAS searched premises and seized documents/devices; Yan was taken into custody to assist inquiries and released on bail with passport impounded. He volunteered to hand over ongoing Group decision matters, with secondary validation; Board to reassess when more information available. Annual report and 24 April 2026 AGM continue to identify him as ED/DeputyCEO/CFO; no conviction or permanent cessation inferred. As reported at 2025-08-27Li Xiangping and Dr Chen Seow Phun, John re-elected
Li Xiangping and Li Zhi were absent with apologies; this attendance status is not cessation. Actual approved resolutions, with Chen remaining Remuneration chair and Audit/Nominating member. As reported at 2026-04-24Roles listed in ANNUAL REPORT 2025; current appointments are not independently verified.
Holdings
20 registered accounts and two overlapping substantial holders as at 25 March 2026. Source discrepancies: printed 1,971 holders versus a band sum of 1,871; the 953-holder band prints 50.93% versus calculated 50.94%; top 20 printed 93.71% versus exact 93.72%; Intel printed total 665,389,296 versus direct plus deemed 668,393,596; Li deemed 69.31% versus exact 69.62%. A later notification reports unchanged total interest of 668,393,596 shares, with 66,083,050 shares transferred from a nominee account to an own account effective 19 August 2026. Rights issuance dates differ by source.
Direct 602,310,546 (62.74%); deemed 66,083,050 (6.88%); printed total 665,389,296 (69.62%)
Original annual fields retained exactly. Intel direct plus deemed equals 668393596, differing from its printed total by 3004300. Li deemed printed 69.31% differs from exact rounded 69.62%; the annual Intel printed total itself rounds 69.31%. Later official notification corroborates 668393596 total; annual errors are not silently replaced. Both interests overlap. As reported at 2026-03-25Direct–; deemed 668,393,596 (printed 69.31%); total 668,393,596 (69.62%)
Original annual fields retained exactly. Intel direct plus deemed equals 668393596, differing from its printed total by 3004300. Li deemed printed 69.31% differs from exact rounded 69.62%; the annual Intel printed total itself rounds 69.31%. Later official notification corroborates 668393596 total; annual errors are not silently replaced. Both interests overlap. As reported at 2026-03-25960,000,000 ordinary shares
Voting denominator; one vote per share per AGM notice. No separate treasury-share count inferred. As reported at 2026-03-25Printed total 1,971 shareholders;960,000,000 shares
Five printed holder bands 0/101/803/953/14 sum 1871, not printed 1971; most printed percentages correspond to 1871; the 953-holder band prints 50.93%versus calculated 50.94%. Shares sum exactly 960 million. Preserve original total and qualify 100-holder discrepancy. As reported at 2026-03-25899,674,396 shares; printed 93.71%
Printed 93.71% equals sum of rounded row percentages. Exact aggregate/960 million rounds 93.72%; source original is retained. As reported at 2026-03-2530.38%
Issuer estimate as at 25 March 2026 and Rule 723 statement; not inferred from registered nominee names. As reported at 2026-03-25Deemed 668,393,596 shares at 31 December 2025;372,048,500 at 1 January 2025
No direct issuer interest. Separate from later register date. Immediate and ultimate holding corporation Intel has 10000 ordinary shares registered to Li at both dates. As reported at 2025-12-31Direct 668,393,596; deemed 0; total 668,393,596 (69.62%)
Effective 19 August 2026; notification 3 September and SGX filing 4 September 2026. Transfer 66083050 shares from Phillip nominee to own CDP account; explicit no acquisition/disposal and no consideration. Total interest unchanged. This does not create a fresh 20-account register. As reported at 2026-08-1950,000 ordinary shares at$0.15419 per share
Intel direct 602310546 unchanged; deemed 66033050 to 66083050 and total 668343596 to 668393596. Li has 100%of Intel and corresponding overlapping deemed interest; not independent additional holdings. As reported at 2025-08-25320,000,000 new shares at S$0.14 per share
Official 7 March 2025 announcement states allotted/issued 6 March and listed 10 March; annual Note 15 instead dates issuance 31 March. The source date conflict is retained; shares increased 640 million to 960 million. As reported at 2025-03-10Total interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.
Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 2026-03-25 · PDF p. 145
| Registered holder | Interest | Shares / units | Source |
|---|---|---|---|
| INTELLIGENT PEOPLE HOLDINGS LIMITED | 602,310,546 shares (62.74%) | PDF p. 1452026-03-25 | |
| PHILLIP SECURITIES PTE LTD | 162,179,200 shares (16.89%) | PDF p. 1452026-03-25 | |
| CITIBANK NOMS SPORE PTE LTD | 63,480,300 shares (6.61%) | PDF p. 1452026-03-25 | |
| UOB KAY HIAN PTE LTD | 42,972,100 shares (4.48%) | PDF p. 1452026-03-25 | |
| DBS NOMINEES PTE LTD | 7,154,300 shares (0.75%) | PDF p. 1452026-03-25 | |
| IFAST FINANCIAL PTE LTD | 2,920,350 shares (0.30%) | PDF p. 1452026-03-25 | |
| SEE GIM TEE OR SEI KIM HOE | 2,451,500 shares (0.26%) | PDF p. 1452026-03-25 | |
| RAFFLES NOMINEES(PTE) LIMITED | 2,097,900 shares (0.22%) | PDF p. 1452026-03-25 | |
| CGS INTL SECURITIES SINGAPORE PL | 1,664,100 shares (0.17%) | PDF p. 1452026-03-25 | |
| MOOMOO FINANCIAL SINGAPORE PTE. LTD. | 1,590,300 shares (0.17%) | PDF p. 1452026-03-25 | |
| MOK TIAN SOON | 1,590,000 shares (0.17%) | PDF p. 1452026-03-25 | |
| ATMA SINGH S/O NAND SINGH | 1,460,200 shares (0.15%) | PDF p. 1452026-03-25 | |
| MAYBANK SECURITIES PTE. LTD. | 1,386,000 shares (0.14%) | PDF p. 1452026-03-25 | |
| UNITED OVERSEAS BANK NOMINEES P L | 1,283,300 shares (0.13%) | PDF p. 1452026-03-25 | |
| AW YONG SAI CHIN | 1,000,000 shares (0.10%) | PDF p. 1452026-03-25 | |
| SEI KIM HOE | 961,200 shares (0.10%) | PDF p. 1452026-03-25 | |
| OCBC SECURITIES PRIVATE LTD | 840,100 shares (0.09%) | PDF p. 1452026-03-25 | |
| EST OF GOH JUI HOO, DEC'D | 780,000 shares (0.08%) | PDF p. 1452026-03-25 | |
| WEI RAN | 779,000 shares (0.08%) | PDF p. 1452026-03-25 | |
| DB NOMINEES (SINGAPORE) PTE LTD | 774,000 shares (0.08%) | PDF p. 1452026-03-25 | |
Group structure
Note 9 has three legal entity rows: two current subsidiaries and former Qianhai, merged and deregistered on 17 September 2025. The corporate overview instead states December 2025; both dates are retained. Changshun is held indirectly through Hengchang; Ganyu is a branch office. Parent interests refer to the immediate legal parent; Group and NCI columns remain distinct. The former 18% FVOCI investment and related party equipment disposal are separate disclosures. No current associates schedule is disclosed.
| Company | Market | Ownership interest |
|---|---|---|
| Dongming Hengchang Petrochemical Co., Ltd.Held by the Company. Current 100%chain; parent means immediate legal parent for Changshun, not direct issuer ownership.PDF p. 1202025-12-31 | The People’s Republic of China; parent-held 2025:100;2024:100; Group 2025:100;2024:100; NCI 2025:–;2024:–; Manufacture and sale of propylene, polypropylene and LPG products | |
| Dongming Changshun Transport Company LimitedHeld by Dongming Hengchang. Current 100%chain; parent means immediate legal parent for Changshun, not direct issuer ownership.PDF p. 1202025-12-31 | The People’s Republic of China; parent-held 2025:100;2024:100; Group 2025:100;2024:100; NCI 2025:–;2024:–; Provide logistics and transportation for petroleum products | |
| Dongming Qianhai Petrochemical Co., Ltd.Held by Dongming Hengchang. Six printed columns distinguish immediate parent, Group and NCI across two years. Qianhai was deregistered and merged into Hengchang 17 September 2025, and is a former separate entity.PDF p. 1202025-12-31 | The People’s Republic of China; parent-held 2025:–;2024:100; Group 2025:–;2024:100; NCI 2025:–;2024:–; Manufacture and sale of propylene, purified isobutylene, methyl tert-butyl ether, hydrogen and mixed gas | |
| Qianhai mergerTwo current separately named subsidiaries remain: Hengchang direct and Changshun indirect. Retained Qianhai goodwill/CGU disclosures do not imply a separate current legal entity. Corporate overview physical 6 instead dates merger toDecember 2025; Note 9 and management physical 25 specify 17 September 2025. Both source dates are retained.PDF p. 1202025-09-17 | Deregistered and merged into Dongming Hengchang on 17 September 2025 | |
| Remaining30% Qianhai interest acquiredAcquired from related Shandong Dongming Petrochem Group; carrying NCI 290162000 and equity difference 283436000. Cash installments 286799 thousand in each of 2024/2025, not a fresh 2025 acquisition.PDF p. 1212024-12-30 | RMB 573,598,000 consideration; completed 30 December 2024 | |
| Dongming Qianhai Reli Co., Ltd.Former financial investment, not an associate or subsidiary. No gain/loss on disposal; cumulative 1778000 reserve transferred to retained profits.PDF p. 1212024-12-31 | 18% unquoted FVOCI investment disposed in 2024 for RMB 27,911,000 | |
| Retired polypropylene installation disposal10 December 2025 agreement for retired 50000-tonneannual-capacity equipment; related-party asset transaction, not subsidiary disposal. Announcement expected completionQ 42025; current annual aggregatePPEdisposals do not independently establish this exact agreement completion. Book 15840196.37 and valuationgain 306113.63 are asset figures, distinct from totalGroupPPEcashproceeds 17607 thousand and gain 972 thousand.PDF p. 12025-12-10 | RMB 16,146,310 sale to Dongming Zhongyou Fuel & Petrochemical Co. Ltd. | |
| Ganyu branch officeCorporate chart explicitly labels Branch Office; not a third current separately incorporated subsidiary.PDF p. 62025-12-31 | Dongming Changshun Transport Company Limited Ganyu Subsidiary Company | |
Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.
Senior executives
| Item | Value | Period / scope | Source |
|---|---|---|---|
| LI XIANGPING | Executive Chairman and Chief Executive Officer | PDF p. 8 | |
| MR YAN TAILING | Executive Director, Deputy CEO and CFO | PDF p. 22 | |
| Tan Chee How | Company Secretary | As at 9 April 2026 | PDF p. 148 |
Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Related parties, people & properties
| Item | Value | Period / scope | Source |
|---|---|---|---|
| - Logistics & transport related services | 14,846,029 S$ (as printed in column header threshold; amount unit not separately stated) | Dongming WanHaiLuiJian Petrochemical Co., Ltd; IPT FY2025 Jan-Dec 2025 | PDF p. 76 |
| - Purchase chemical excipients | 458,970 S$ | Dongming WanHaiLuiJian Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Logistics & transport related services | 156,178,381 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase of utilities | 86,933,774 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of utilities | 37,630,691 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase of raw LPG | 2,057,325,127 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of processed LPG | 151,216,446 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase of propylene | 404,135,481 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of recycled propylene | 23,989,906 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of hydrogen | 232,846,944 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase parts and components | 632,910 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase of C4 | 85,708,504 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of parts and components | 200,323 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of obsolete assets | 16,146,310 S$ | Dongming Zhongyou Fuel & Petrochemical Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Logistics & transport related services | 14,954,205 S$ | Dongming Qianhai Reli Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Purchase of utilities | 149,008,431 S$ | Dongming Qianhai Reli Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of utilities | 66,074,222 S$ | Dongming Qianhai Reli Co., Ltd; IPT FY2025 | PDF p. 76 |
| - Logistics & transport related services | 67,595 S$ | Dongming Jie-Yuan Environmental Technology Pte Ltd; IPT FY2025 | PDF p. 76 |
| - Sale of utilities | 3,058,906 S$ | Dongming Jie-Yuan Environmental Technology Pte Ltd; IPT FY2025 | PDF p. 76 |
| - Procurement of sewage treatment services | 6,021,772 S$ | Dongming Jie-Yuan Environmental Technology Pte Ltd; IPT FY2025 | PDF p. 76 |
| - Logistics & transport related services | 21,022 S$ | Dongming Runming Oil Products Distribution Co., Ltd; IPT FY2025 | PDF p. 77 |
| - Purchase of utilities | 1,609,626 S$ | Dongming Qingyuan Co., Ltd; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 383,566 S$ | Dongming Petrochem Wuhan Xinzhou Co., Ltd; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 880 S$ | Dongming Crude Oil Distribution Co., Ltd; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 5,188,678 S$ | Tanghe County Huadong Energy Co., Ltd. Gas Station; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 853,507 S$ | Sichuan Yuanshuo Petrochemical LLC, Longqiao Gas Station; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 1,040,064 S$ | Sichuan Ludong Haoya Energy Sales Co., Ltd., Deyuan Gas Station; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 566,023 S$ | Sichuan Ludong Haoya Energy Sales Co., Ltd., Ya’an Luya Gas Station; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 6,689,469 S$ | Shandong Dongming Lishu Petroleum Co; IPT FY2025 | PDF p. 77 |
| - Purchase of utilities | 15,250 S$ | Shandong Dongming Lishu Petroleum Co; IPT FY2025 | PDF p. 77 |
| - Sale of utilities | 622,216 S$ | Shandong Dongming Lishu Petroleum Co; IPT FY2025 | PDF p. 77 |
| - Purchase of raw LPG | 204,332,816 S$ | Shandong Dongming Lishu Petroleum Co; IPT FY2025 | PDF p. 77 |
| - Sale of processed LPG | 269,414,595 S$ | Shandong Dongming Lishu Petroleum Co; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 771,135 S$ | Shandong Dongming Huahe Energy Co., Ltd; IPT FY2025 | PDF p. 77 |
| - Logistics & transport related services | 7,175 S$ | Shandong Dongming Petrochem Group Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Purchase of utilities | 45,412,871 S$ | Shandong Dongming Petrochem Group Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Sale of utilities | 930 S$ | Shandong Dongming Petrochem Group Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Accrued interest on loan from related party | 593,750 S$ | Shandong Dongming Petrochem Group Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 331,897 S$ | Shandong Dongming Jining Energy Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 78,886 S$ | Shandong Dongming Shengli Energy Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 527,772 S$ | Shandong Dongming Petrochemical Group Sales Co., Ltd.; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 7,445,542 S$ | Shandong Dongming Yinglun Petrochemical Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 1,915,262 S$ | Shandong Huawang Reli Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Purchase of utilities | 186,241,097 S$ | Shandong Huawang Reli Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 3,424,806 S$ | Shandong Xing Ming Run Neng Co., Ltd; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 1,120,398 S$ | Shandong Mingtai Energy Development Co., Ltd.; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 780,493 S$ | Shandong Rundong Integrated Energy Co., Ltd.; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 945,123 S$ | Shandong Runji Energy Sales Co., Ltd.; IPT FY2025 | PDF p. 78 |
| - Logistics & transport related services | 32,350,506 S$ | Shandong Dongming Petrochem Group Lu Ban Construction Pte Ltd; IPT FY2025 | PDF p. 79 |
| - Sale of utilities | 2,697 S$ | Shandong Dongming Petrochem Group Lu Ban Construction Pte Ltd; IPT FY2025 | PDF p. 79 |
| - Maintenance of parts and machineries | 5,755,516 S$ | Shandong Dongming Petrochem Group Lu Ban Construction Pte Ltd; IPT FY2025 | PDF p. 79 |
| - Sale of parts and components | 92 S$ | Shandong Dongming Petrochem Group Lu Ban Construction Pte Ltd; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 1,262,681 S$ | Huaining Pingtan Petroleum Sales Co., Ltd. Gas Station; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 550,497 S$ | Wuxi Jinsu Refueling Co., Ltd.; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 48,192,249 S$ | Jiangsu Xinyang International Trading Co., Ltd; IPT FY2025 | PDF p. 79 |
| - Purchase of raw LPG | 9,648,795 S$ | Jiangsu Xinyang International Trading Co., Ltd; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 368,888 S$ | Jiangsu Xinhai New Energy Co., Ltd; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 69,232,335 S$ | Jiangsu Xinhai Petrochem Co., Ltd; IPT FY2025 | PDF p. 79 |
| - Purchase of utilities | 24,956 S$ | Jiangsu Xinhai Petrochem Co., Ltd; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 653,163 S$ | Jiangyin Changjing Water Conservancy Machinery Co., Ltd.; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 684,842 S$ | Jiangyin Changjing Water Conservancy & Agricultural Machinery Co., Ltd., Yixing Road Luyun Gas Station; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 571,601 S$ | Henan Power Source Gas Co., Ltd.; IPT FY2025 | PDF p. 79 |
| - Logistics & transport related services | 24,020,181 S$ | Henan Lianming Energy Sales Co., Ltd.; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 643,706 S$ | Jinan Xinmingrun Energy Co., Ltd.; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 1,161,835 S$ | Hubei Dongming Petrochemical Co., Ltd. Guandong Gas Station; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 570,075 S$ | Hubei Dongming Petrochemical Co., Ltd. Huangzhou Santaihe Gas Station; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 1,995,892 S$ | Hubei Zhongkun Dongming Petrochem Co., Ltd; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 594,108 S$ | Hubei Qiguang Energy Sales Co., Ltd., Jianghe Gas Station Branch; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 1,311,483 S$ | Hubei Qiguang Energy Sales Co., Ltd., Qingling Avenue Gas Station Sub-branch; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 870,260 S$ | Hubei Qiguang Energy Sales Co., Ltd., Mayinghe Gas Station; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 476,129 S$ | Guanan County Nanhu Gas Station; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 306,939 S$ | Guanan Zhonglou Distribution Co., Ltd; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 700,913 S$ | Suining Ruilü Trading Co., Ltd., Xiangshan Road Gas Station; IPT FY2025 | PDF p. 80 |
| - Logistics & transport related services | 933,319 S$ | Suining Ruilü Trading Co., Ltd., Suining South Expressway Entrance Gas Station; IPT FY2025 | PDF p. 81 |
| - Purchase of raw LPG | 28,217,841 S$ | Qingdao Xin Run Feng Oil Trading Co. Ltd; IPT FY2025 | PDF p. 81 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Security granted | The bank borrowings is secured by a corporate guarantee from a related party, Dongming Zhongyou Fuel and Petrochemical Co., Ltd. | Group; as at 31 December 2025 · As at 2025-12-31 | PDF p. 126 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Directors’ remuneration - salaries and related costs | 930 RMB'000 | Group; 2025 (comparative 2024: 907) | PDF p. 130 |
| Yan Tailing | 169,000 S$ | Director; FY2025; Total (S$); salary 156,000, bonus 13,000 | PDF p. 73 |
| Dr Chen Seow Phun, John | 70,000 S$ | Director; FY2025; Directors’ fees and Total (S$) | PDF p. 73 |
| Jiang Xinglu | 60,000 S$ | Director; FY2025; Directors’ fees and Total (S$) | PDF p. 73 |
| Liu Xiaoyan | 60,000 S$ | Director; FY2025; Directors’ fees and Total (S$) | PDF p. 73 |
| Li Xiangping | – S$ | Director; FY2025; all columns dash | PDF p. 73 |
| directors’ fees of S$190,000 | S$190,000 | Proposed for FY ending 31 December 2026, subject to AGM approval on 24 April 2026 | PDF p. 73 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| total of 554 employees | 554 employees | Group; as at 31 December 2025 (31 December 2024: 677) · As at 2025-12-31 | PDF p. 45 |
Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Corporate information