荣盛石化:2024Semi-annualReport

Rongsheng Petrochemical Co., Ltd.
2024 Semi-annual Report
[Disclosure Time]

Section I Important Notice, Table of Contents and Definitions
The Board of Directors, the Board of Supervisors and the directors, supervi
sors and senior management of the Company confirm that the contents in this se
mi-annual report are true, accurate, and complete and have no false representati
ons, misleading statements or material omissions, and they shall severally and joi
ntly accept legal responsibility for such contents.
Li Shuirong, Chairman of the Company, Wang Yafang, the person in charge
of the Company’s accounting and Zhang Shaoying, the person in charge of theA
ccounting Firm (Accounting Officer), hereby make representations in respect of
the truthfulness, accuracy and completeness of the financial statements in this se
mi-annual report.
All directors have attended the board meeting to deliberate this semi-annual
report.
The Company describes in detail the risks it may face in Section III of this r
eport under “X. Risks Faced by the Company and Countermeasures”, which inv
estors are advised to read.
The Company plans to pay no cash dividend, no bonus shares, and no conve
rsion of capital with provident fund.
This semi-annual report is prepared in Chinese and English respectively. In
case of any discrepancy between the two versions, the Chinese version shall prev
ail.

Contents

Section I Important Notice, Table of Contents and Definitions ......2
Section II Company Profile and Key Financial Indicators......7
Section III Management Discussion andAnalysis ......10
Section IV Corporate Governance ......32
Section V Environmental and Social Responsibility......34
Section VI Important Matters ......46
Section VIII Preferred Shares......85
Section IX Bonds ......86
Section X Financial Reports......89
Contents of Documents for Future Reference
(1) The financial statements containing signature and seals of the person in charge of the Company, the perso
n in charge of the accounting works and the person in charge of the Accounting Firm (Accounting Officer);
(2) Written confirmation from directors, senior management and supervisors of the Company on the 2024 Se
mi-annual Report;
(3) The originals of all company documents and announcements that are disclosed to the public via media des
ignated by CSRC during the reporting period;
(4) The place where the above-mentioned documents are maintained: Office of the Board of Directors.

Definitions
Term Refers to Definition
Company, the Company, Rongsheng Petrochem Refers to Rongsheng Petrochemical Co., Ltd.
ical
Rongsheng Holding Refers to Zhejiang Rongsheng Holding Group Co., Ltd., controlling shareh
older of the Company
Rongtong Logistics Refers to Zhejiang Rongtong Logistics Co., Ltd., a subsidiary of the Comp
any
Rongsheng Venture Capital Refers to Zhejiang Rongsheng Venture Capital Co., Ltd., a subsidiary of th
e Company’s controlling shareholder
SaudiAramco Refers to SaudiArabian Oil Company
ZPC Refers to Zhejiang Petroleum & Chemical Co., Ltd., a subsidiary of the Co
mpany
Zhongjin Petrochemical Refers to Ningbo Zhongjin Petrochemical Co., Ltd., a subsidiary of the Co
mpany
Yisheng Investment Refers to Dalian Yisheng Investment Co., Ltd, a subsidiary of the Compan
y
Shengyuan Chemical Fiber Refers to Zhejiang Shengyuan Chemical Fiber Co., Ltd., a subsidiary of the
Company
Rongxiang Chemical Fiber Refers to Rongxiang Chemical Fiber Co., Ltd., a subsidiary of the Compan
y
Hong Kong Sheng Hui Refers to Hong Kong Sheng Hui Co., Ltd., a subsidiary of the Company
Rongsheng (Singapore) Refers to Rongsheng Petrochemical (Singapore) Pte. Ltd., a subsidiary of t
he Company
Rongsheng International Trading Refers to Rongsheng International Trading Co., Ltd., a subsidiary of the Co
mpany
Yongsheng Technology Refers to Zhejiang Yongsheng Technology Co. Ltd., a subsidiary of the Co