COMPANY PROFILE

Oriental Energy Co.,Ltd (Stock Code: 002221), founded in 1996 and headquartered in Nanjing, is a new materials enterprise listed on the Shenzhen Stock Exchange, specializing in the R&D, production, and sales of carbon-based materials. Since its inception, the company has focused on the C3 industry chain, gradually establishing an industrial system that uses propane and natural graphite as raw materials to produce polypropylene, carbon fiber, and graphene. In the future, the company will promote the organic integration of these materials to develop high-performance CPP composites, which will be widely used in emerging fields such as 3D printing and aerospace. Facing the opportunities presented by global material technology innovation, the company is continuously driving its own transformation and upgrading, striving to become an enterprise that provides critical materials for emerging industries of the AI era.

As a leading enterprise in China's LPG sector, Oriental Energy possesses a comprehensive global supply chain system. Leveraging its first-mover advantage in raw materials, the company has strategically deployed production capacities of 2.4 million tons/year for PDH and 2 million tons/year for PP in Ningbo, Maoming, and Zhangjiagang. Its three major domestic bases feature advanced production facilities and technical equipment, scarce deep-water port resources, and underground storage caverns, giving it outstanding core competitiveness.

While consolidating its advantages in traditional business, Oriental Energy has embarked on a new round of strategic transformation. Based on propylene and hydrogen business, it is building a fully closed-loop industrial chain of "PDH → AN → PAN Polymerization → Precursor → Carbon Fiber → Composite Products." Oriental Energy is positioning its carbon fiber industry with a high-end strategic vision, leveraging the expertise of a leading technical team—Professor Zhu Bo's team from Shandong University—it independently conducts R&D and integrated operations. Utilizing the globally advanced two-step dry-spray wet spinning process technology, Oriental Energy is driving the large-scale production of low-cost, high-performance carbon fiber. It possesses China's sole independent intellectual property rights in carbon fiber and is committed to becoming a global leader in the carbon fiber industry. The company's 10,000-ton T1000 carbon fiber project in Maoming commenced construction on May 21, 2024, advancing toward the long-term goal of building a world-class carbon fiber plant.

With the recent acceleration of the AI revolution and the vigorous development of computing power, not only is the power industry being expanded and upgraded, but explosive growth in demand for materials like graphene for high-temperature superconductors has also been catalyzed. Oriental Energy has precisely targeted this technological trend, making forward-looking moves into the graphite and graphene materials sector. Relying on high-quality large-flake graphite ore resources from Madagascar and deeply collaborating with top domestic and overseas universities, the company has embarked on a new journey of industrializing graphite and graphene materials.

The era of carbon-based materials has arrived. Oriental Energy will also focus on promoting the development and application of high-performance carbon fiber-graphene-polypropylene (CPP) composites, continuously breaking through performance bottlenecks in conductivity, temperature resistance, and flame retardancy to meet the future market's diverse demands for high-performance materials. Concurrently, the company will consistently increase R&D investment, engage in extensive collaboration with renowned domestic and overseas universities and research institutions, establish a key Carbon-Based Materials Research Institute in Nanjing, and build CPP composite material application bases in various locations. This will create a complete innovation chain from technological R&D to industrialization.