Subsidiary

Shenzhen Qianhai Shengfeng Energy Co., Ltd

Shenzhen Paul Run Juhe Holding Co., Ltd

Shenzhen Paul Run Petrochemical Co., Ltd

Shenzhen Paul Run Industrial Development Co., Ltd

Shenzhen Dingxin Investment Development Co., Ltd

Shenzhen Rongbo Industrial Co., Ltd

Shenzhen Yuandafeng Investment Co., Ltd

Shenzhen Dingtong Investment Development Co., Ltd

Message from Chairman

First of all, I would like to express my heartfelt thanks on behalf of Paul Run Holding to a great number of social elites and people from all walks of life who have long paid close attention to and supported the development and construction of Paul Run Holding.

Established in April 2016, Paul Run Holding has gradually increased the market share and brand influence, and become a corporation with diversified businesses after years of rapid development by acquiring and merging with a number of enterprises to expand the business territory with our own resources and advantages.

In recent years, affected by the social environment, China's economy, banking policy and international situation are all changeable. Under such unfavorable external market environment, Paul Run Holding has always followed the established goal, and been able to stand out from such difficulties and obstacles and strive for the best, which are enough to prove the strength of the Group.

Win-win cooperation is the way to victory. Looking forward to the future, we will further adhere to the steady operation, take the sustainable development as the strategy, play the maximum value of the existing resources, and realize the mutual benefit and win-win situation for the Group, employees and customers.

An enterprise which does not satisfy with current performance but dares to outperform itself as the time flies will certainly achieve long-term prosperity. In the future, Paul Run Holding will continue to enhance the market competitiveness and gradually build itself into a modern enterprise with excellent teams, advanced management, leading quality and efficient operation while making steady development. Today, it is the time for us to work hard and make great achievements. I firmly believe that with a united, helpful and innovative team, Paul Run Holding will surely open a new chapter of development and achieve more brilliant accomplishments!


 —— Chairman: Zheng He

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