On the morning of September 19, 2025, the first vessel berthing ceremony for Wanhua Penglai was held at Sinochem Penglai's terminal. The successful berthing of the first vessel marks a significant milestone in logistics and opens up a new chapter of in-depth cooperation between Sinochem Penglai and Wanhua Penglai. It was indeed a landmark event. The operation of this quayside terminal represents a collaborative achievement between Sinochem Energy Logistics and Wanhua Chemical (Penglai). The commissioning of new pipelines facilitates efficient loading and unloading of raw materials and products, closely linking Sinochem Penglai's port with the industrial park. This initiative has established a new model for business cooperation, setting a new benchmark for petrochemical storage operations and positioning Sinochem Penglai as an exemplary model for strategic development in the logistics sector.

Looking ahead, Sinochem Penglai will take this first vessel berthing as a new starting point and leverage its role as a supply chain hub at the port to provide customers with more efficient, convenient, and secure services. The company will continue to strengthen cooperation with key regional clients in both depth and breadth, thereby making positive contributions to the high-quality development of the local economy and the transformation, upgrading, and prosperity of the petrochemical industry.