Keyuan Petrochemicals & KY Energy Keyuan Petrochemicals is an integrated fine chemicals and refinery-derived products group with a long-established focus on the import, processing and downstream application of heavy and intermediate feedstocks. The group operates on a structurally integrated model, linking large-scale raw material imports with downstream industrial processing and end-use applications. The group imports approximately 7 million tonnes of feedstock per annum through international markets. These imports primarily include fuel oil, aromatics and other refinery intermediate streams, which support continuous downstream operations across fine chemicals and related industrial products. This import volume places Keyuan among the leading participants in its peer group within China’s fine chemicals and deep-processing sector. Keyuan’s main production base is located in Ningbo, Zhejiang Province, China, within the core petrochemical corridor of the Yangtze River Delta. The site benefits from established port infrastructure, storage facilities and integrated logistics systems, enabling efficient reception of large-volume imported feedstocks and reliable distribution into downstream processing units. The location supports a high-frequency, repeatable import and logistics cycle, rather than sporadic or opportunistic procurement. Building on its manufacturing and import foundation, the group extends its upstream reach through KY Energy Trading, a Dubai-based international energy trading platform. KY Energy focuses on crude oil, fuel oil and refinery feedstock supply between the Middle East and Asia, acting as the group’s external trading and execution arm. The platform is structured to ensure that trading activity is directly aligned with clearly defined end-use requirements and downstream processing capabilities. Trading decisions are driven by technical suitability, blending considerations, logistics constraints and execution risk, rather than short-term price arbitrage. This integration between trading and downstream operations allows the group to prioritise repeatable execution, contractual reliability and long-term supplier relationships. Across both manufacturing and trading activities, the group maintains a strong emphasis on operational safety, regulatory compliance and risk control, in line with applicable domestic regulations and international trade practices. Looking ahead, Keyuan aims to maintain a stable import scale while optimising feedstock structures and strengthening its position as a long-term, technically competent participant in the global petrochemical and energy supply chain.