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COMPETITIVE STRENGTHS
China's oil trading industry is highly competitive. The Group believes its competitive strengths give it a unique market position, namely:
- Proven reputation in the PRC oil industry
- Experienced and knowledgeable management team
- Well-established relationships with State-owned Licensed Import Agents and ultimate oil users
- Extensive oil products procurement network around the world
- Flexible and prompt decision-making capability
- Prudent financial and risk management policies