On February 28th, Mr. Al-Otaibi Serhan, the General Manager of Glycols of Saudi Basic Industries Corporation(hereinafter referred to as SABIC), and his delegation visited Ningshing Tank Terminal in Zhenhai, Ningbo, Zhejiang. Mr. Wu Yigang, Chairman of Ningshing Holdings, Mr. Wu Bing, General Manager of Ningshing Tank Terminal, and high officials of Ningbo Zhenhai Port extended warm reception.

SABIC is the world’s largest ethylene glycol supplier and an important business partner of Ningshing Tank Terminal. Ningshing Tank Terminal was Mr. Al-Otaibi Serhan’s first stop to China, showing SABIC’s high importance to its long-term partner. He affirmed the company’s efforts and achievements in the "Internet Plus" intelligent storage system as well as "Five in One" safety management in recent years.

At the meeting, Chairman Wu Yigang, on behalf of Ningshing Holdings, welcomed SABIC Group and its delegation, introduced the production and operation of various sectors of Ningshing Holdings, and hoped that the two parties would further strengthen exchanges and cooperation. As Mr. Wu Bing stated, SABIC is the best strategic partner of Ningshing Tank Terminal, which has maintained a good and stable cooperative relationship for 15 years, and played a positive role in the steady development of the company. He expected to explore new cooperation in the future. Mr. Al-Otaibi Serhan introduced SABIC's current cooperation in China. He said Ningshing Tank Terminal's professionalism and efficient work has won full recognition and appreciation of SABIC, and hoped to further reach a new cooperation.