Tianjin Bohai Chemical (600800.SH) subsidiary Bohai Petrochemical has become a designated delivery warehouse for liquefied petroleum gas on Dalian Commodity Exchange.

Tianjin Bohai Chemical (600800.SH) announced that its wholly-owned subsidiary, Tianjin Bohai Petrochemical Co., Ltd. (hereinafter referred to as "Bohai Petrochemical"), recently learned that Dalian Commodity Exchange (referred to as "DCE") issued Announcement No. 82 on September 13, 2024, regarding the addition of designated liquefied petroleum gas delivery warehouses: "In accordance with the relevant provisions of the DCE's Management Measures for Designated Delivery Warehouses and Qualification and Supervision Regulations for Designated Delivery Warehouses, after careful consideration, it has been decided to add Tianjin Bohai Petrochemical Co., Ltd. as a designated delivery warehouse for liquefied petroleum gas. The above matter takes effect immediately." Bohai Petrochemical, a wholly-owned subsidiary of the company, has become a designated delivery warehouse for liquefied petroleum gas at DCE. The approval of the designated delivery warehouse for liquefied petroleum gas will enhance the company's market influence and demonstrate DCE's recognition of the company's contributions to the industry. In the future, the company will fully leverage the advantages of the delivery warehouse, actively provide related support services, reduce hedging costs, increase additional storage income, enhance the company's performance, and improve market competitiveness.