CIMC ENRIC Advances Energy Projects in Australia and UAE

Recently, Zhangjiagang CIMC Sanctum Cryogenic Equipment Co., Ltd. (hereinafter referred to as "CIMC Sanctum"), a subsidiary of CIMC ENRIC, delivered batch orders of cryogenic storage tanks to overseas customers, which will be deployed in relevant large-scale energy extraction projects.

From late August to early September, CIMC Sanctum delivered multiple large-scale cryogenic storage tanks to the Abu Dhabi National Oil Company (hereinafter referred to as "ADNOC") in the UAE and to a project undertaken by Linde Group in Australia. All these products have been transported and arrived at the partners' project sites.

The products delivered to ADNOC serve as core supporting equipment for the company's Hail and Ghasha offshore natural gas development projects. As strategic key projects for ADNOC to achieve self-sufficiency in natural gas and expand exports, the cryogenic storage tanks will provide critical support for enhancing offshore natural gas production capacity in the UAE, ensuring energy security, and promoting economic diversification.

Linde Group is one of the world's leading industrial gases and engineering companies. The products delivered will be shipped to the Burrup Peninsula on the northwest coast of Australia, providing key gas storage solutions for local energy extraction projects while ensuring compatibility with the operational requirements of the extreme environment on the Burrup Peninsula.

Relying on its layout of "storage, transportation and application" equipment for clean energy – such as cryogenic tanks, tank containers and tank trucks – as well as breakthroughs in core technologies like cryogenic valves, CIMC ENRIC has long maintained a leading position in the global clean energy equipment market with a steady overall growth in market share.

CIMC ENRIC's overseas business has also entered a fast track, accelerating the implementation and delivery of projects in multiple regional markets, including the Middle East, Southeast Asia, Australia and Brazil. In February this year, the company reached a business cooperation with Saudi Basic Industries Corporation (SABIC), a leading enterprise in Saudi Arabia; it also delivered products such as LNG semi-trailersto customers in Brazil. Moreover, the company continues to advance the cooperation process with customers in the Middle East and Australia this time.

In the future, CIMC ENRIC will continue to focus on clean energy, provide more "Chinese solutions" for global energy security and sustainable development, and join hands with global partners to build a new future for energy cooperation.