On August 22, 2023, Fujian’s first public crude oil bonded warehouse was launched at Berth 10# of Sinochem Quanzhou Petrochemical Co., Ltd. (hereinafter referred to as “Sinochem Quanzhou Petrochemical”) in the Qinglanshan warehouse area of Douwei Port, Quanzhou, Fujian Province. This marks an important step taken by Sinochem Quanzhou Petrochemical to effectively utilize the bonded logistics policy and enhance overall quality and efficiency.