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14th Board of Directors Meeting Completed in Sanya City
Mr.Yangbin

On the morning of February 25, 2011 14th KRC Board of Director Meeting was convened successfully at Soluxe Grand Hotel in Sanya, China. The Board approved 2011 Working Plan in aspects of Production, KPI, Financial Budget and Human Resources unanimously.
KRC General Manager Mr. Zhao Yujun, Deputy General Manager Mr. Ali and Finance Controller Mrs. Duan Shuping respectively presented the special reports to the Board on Corporate Operation, Human Resources and Finance, etc. and made the replies to their concerns.

The Board sang high praise for extraordinary performance and achievements which KRC had made to the Sudan rapid growing economic development in the past decade. In the meantime, they were also fully satisfied with overall 2011 performance of KRC. On behalf of both shareholders, all the Board Members expressed great appreciation to 1,300 Sudanese and Chinese employees for the hard work and hoped to have a brilliant prospect for the company.

Moreover, the Board expected that KRC would make a continuous improvement about a series of issues, for instance, HSSE, energy consumption, training, equipment and technical innovation, 2011 overhaul and expansion, etc.

Last, in pursuit of a leading refining enterprise in this region, KRC shall strive to strengthen standardization and internationalization management, and deepen the cooperation with relevant institutes.