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Annual Business Report

In 2020, the sudden outbreak of the COVID‑19 pandemic, coupled with a rapid plunge in international oil prices and the compounding impact of various challenges and difficulties, posed unprecedented challenges to the company. In the face of this severe situation, Siji Company resolutely implemented the decisions and arrangements of the Group and Petrochemical Machinery Company, vigorously advanced its “13336” strategy, and coordinated efforts across epidemic prevention and control, resumption of work and production, and initiatives to boost performance, thereby successfully fulfilling its production and business objectives.

Throughout the year, total operating revenue reached **.** billion yuan, up **% year on year; profit amounted to ** million yuan, an increase of **% year on year, marking a successful conclusion to the 13th Five-Year Plan period.

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