Shanghai Chemical Industry Park Development Co., Ltd.

SCIPDC is a state-owned investment company with a diversified portfolio. As the main developer, builder and operator for SCIP, the company is responsible for the development, construction, investor and capital attraction, comprehensive service, investment and operation of SCIP and has thus been recognized as a professional developer and integrated service provider for tenant companies. The Company was originally founded in 1996 and now has six shareholders including SINOPEC Shanghai Petrochemical CO., LTD., Shanghai Huayi (Group) CO., SINOPEC Shanghai Gaoqiao Petrochemical CO., LTD., Shanghai Industrial Investment (Group) CO., LTD., Shanghai Jiushi (Group) CO., LTD. and Shanghai International Holding CO., LTD., following Shanghai Municipal Committee and Shanghai Municipal People’s Government’s decision to form a diversified investment company with state majority share-holdings.