Sinochem Xingzhong Oil Staging (Zhoushan) Co., Ltd. (Sinochem Xingzhong), which was founded on April 1990, is a Chinese-foreign joint venture funded by Sinochem International, Sinochem International　oil (Bahama） Co., Ltd., Sinochem International Industry Co., Ltd., Zhoushan Harbor State Assets Administration Co., and Zhoushan Dinghai Changzhi Economic Development & Industry Corporation.

Aoshan Terminal is located on Aoshan Island which is to the south of Zhoushan Islands, just being at the intersection of coastal navigation line connecting the north and south of China, the Yangtze river, Yongjiang River and Qiantang River. Aoshan Port is one of best deepwater ports on China coast line, with the total working days amounts to 300 days per year. As an important oil storage terminal in the world, it enjoys a unique geographical advantage by facing the Yangtze River Delta, neighboring the Southeast coast, and serves the whole nation.

The company engages in entrepot of crude oil, diesel, gasoline, fuel oil,jet fuel, dual purpose keresene, naphtha, wax oil, marine oil, and rent of oil tanks; also provides coordinated services of load and unload, storage, measurement.

At present, Aoshan Terminal has crude oil tank capacity of 1.38 million cubic meters, oil products tank capacity of 200, 000 cubic meters, total tank capacity of 1,600,000 cubic meters, 3 oil terminals with 250,000 (up to 320,000 ton dead weight) tons, 80,000 tons, and 10,000 tons capacity respectively. With integration of storage of oil and oil products, Aoshan Terminal has become a large-sized oil transshipment base with annual handling capacity of 25 million tons, being able to load and unload 500 tons up to 250,000 tons capacity oil tankers.

Furthermore, Aoshan Terminal is the head station of Sinopec east China crude pipeline network. The project at Aoshan Terminal is under construction; in the end of 2007, it will put into operation. If so, Aoshan Terminal will increase its crude entrepot capacity by a big margin.

　　The company, with the capacities of 750,000 cubic meters bonded tanks that are largest in China, can execute international bonded storage of crude. fuel oil. jet fuel and kerosene; on the other hand, after completion of the first network system of custom supervision over bonded tanks in the nation, it can simultaneously supervise and control in distance for benefit of the system. For good reasons, General Administration of Customs sets the company as a model of bonded tanks under supervision of customs.

By now, the company is up to ISO9001 quality system defined in BCI, and is specified for satisfying OHSAS18001 job safety & health system and ISO14001 environmental management system. On benefit of them, the company has enhanced internal management mechanism, and will provide safer, highly efficient service for customers.