Mission Statement, Vision, & Core Values (2026) of Oriental Energy Co., Ltd.

Oriental Energy Co., Ltd. stands at the intersection of industrial scale and community-focused ambition, transforming raw feedstock into LPG through strategically placed refineries and storage that sustain domestic and export supply chains while reporting a robust 1,200 million RMB net income in 2023-a 10% year-over-year rise-and pursuing a corporate agenda that links safety, ethical practice and job creation to the development of the Nigerian oil and gas sector; its mission to deliver efficient, green energy aligns with a concise, aspirational vision to set industry benchmarks, and its core values of integrity, responsibility and excellence drive social-investment programs, stakeholder engagement and an environmental stewardship pledge to achieve a 30% reduction in carbon emissions by 2030 versus 2020 levels.

Oriental Energy Co., Ltd. (002221.SZ) - Intro

• Core business: LPG production, fractionation, storage, transportation, and retail distribution.
• Strategic assets: network of storage terminals, refineries and bulk distribution centers positioned to optimize logistics and regional supply security.
• Sustainability focus: adoption of lower-emission handling processes, vapor recovery systems, and investments in leak-detection and energy-efficiency upgrades.

• Operational terminals: multiple provincial terminals and city-gate facilities enabling nationwide coverage and regional export throughput.
• Storage capacity: aggregated tank capacity in the hundreds of thousands of cubic meters (installed and leased tanks across strategic hubs).
• Distribution: integrated trucking fleet, cylinder distribution network and industrial bulk supply channels.

• Mission: To provide safe, reliable and cleaner LPG energy solutions that empower industry, commerce and households while minimizing environmental impact.
• Vision: To be the leading LPG infrastructure and service provider in China and a trusted regional supplier recognized for safety, sustainability and operational excellence.
• Core values:
  • Integrity - transparent governance, compliance with regulations and ethical conduct.
  • Responsibility - prioritizing safety, environmental stewardship and community engagement.
  • Excellence - continuous improvement in technology, service quality and cost efficiency.

• Capacity expansion: targeted investments in additional storage tanks and fractionation capacity to capture seasonal demand and regulatory shifts.
• Digitalization: roll-out of monitoring and predictive-maintenance platforms to reduce downtime and shrink leakage-related losses.
• Upstream partnerships: long-term supply agreements and spot-market optimization to stabilize margins.
• Sustainability investments: emissions control, energy-recovery systems, and pilot programs for lower-carbon LPG blends.

Oriental Energy Co., Ltd. (002221.SZ) - Overview

• Primary mission pillars: efficient energy delivery, green transition, safety & health, corporate responsibility, local industry development (Nigeria), and innovation-driven economic growth.
• Stakeholder emphasis: employees, host communities in Nigeria, investors, regulators, and international partners.
• Alignment with SDGs: energy access (SDG 7), decent work & economic growth (SDG 8), industry innovation (SDG 9), reduced inequalities (SDG 10), climate action (SDG 13), and partnerships (SDG 17).

• Safety & well‑being: zero‑tolerance for major safety incidents, with leading indicators (near‑miss reporting, safety training hours) tracked monthly. FY2023 safety training total: 120,000 man‑hours.
• Ethical practices & compliance: mandatory anti‑corruption training completion rate - 100% for board and senior management in FY2023; 98% company‑wide.
• Community & social investment (Nigeria): direct community development spend FY2023 - RMB 85 million (education, healthcare, local infrastructure); targeted job creation: 4,500 local jobs across exploration, logistics, and services over 2024-2027.
• Innovation & R&D: R&D spend FY2023 - RMB 95 million; focus areas include methane leak detection, low‑emission processing, and digital asset monitoring.
• Corporate governance: independent directors ratio - 45%; gender diversity on the board - 33% female representation.

• Decarbonization pathway: implement methane abatement, electrify on‑site operations where feasible, and deploy carbon capture feasibility studies for major processing sites.
• Local capacity building: supplier development programs, technical vocational training, and apprenticeship schemes to increase Nigerian workforce technical proficiency.
• Transparency & reporting: enhanced sustainability disclosures aligned to TCFD and GRI frameworks, with annual ESG score improvements targeted at +10-15% year‑on‑year.

Oriental Energy Co., Ltd. (002221.SZ) - Mission Statement

• Promote the domestic Nigerian oil & gas industry by maximizing local employment, procurement and capacity building.
• Deliver stable, cost-efficient hydrocarbon production while minimizing environmental footprint and ensuring operational safety.
• Return long-term value to shareholders through disciplined capital allocation, organic growth and selective acquisitions.
• Foster partnerships that accelerate technology transfer and uplift Nigerian technical capabilities in exploration, development and production.

• Industry benchmark: Target operational metrics (uptime, safety, emissions) that become sector norms.
• Innovation leadership: Deploy advanced reservoir management, enhanced oil recovery (EOR) and digital operations to lift recovery factors.
• Social impact: Be recognized for sustainable community development programs and measurable local content outcomes.

• Safety First - zero-harm mindset across operations.
• Integrity - transparent governance, compliance with Nigerian and international regulations.
• Excellence - continuous improvement in technical and commercial performance.
• Local Partnership - prioritizing Nigerian talent, suppliers and community stakeholders.
• Stewardship - responsible environmental management and carbon-aware operations.

• Increase production to 35,000 boe/d through drilling and optimization within 3 years.
• Improve recovery factor on operated fields by 8-12% via targeted EOR projects.
• Raise Nigerian-sourced procurement to >70% of operational spend within 24 months.
• Reduce flared gas and lower operational CO2 intensity by 20% versus the 2022 baseline.

Oriental Energy Co., Ltd. (002221.SZ) - Vision Statement

• Integrity: transparent governance, compliance with listed‑company standards, and anti-corruption practices embedded across operations.
• Responsibility: prioritizing safety, community engagement, and long‑term stewardship of partner and host communities.
• Excellence in service delivery: operational reliability, customer satisfaction, and continuous improvement of distribution networks and service offerings.
• Environmental stewardship: committed to a 30% reduction in carbon emissions by 2030 versus 2020 baseline.
• Social investment focus: designing programs that respond to identified local needs and create community ownership and sustainability over time.

• Alignment with best practices: policies and targets are designed to align with global, national and local SDG ambitions and corporate responsibility norms.
• Measurement and reporting: the company commits to regular disclosure of progress on emissions, safety metrics, and social investment outcomes to stakeholders and the market.
• Stakeholder engagement: structured dialogues with host communities, regulators and investors to ensure interventions are relevant and sustainable.