Shanghai Jiuxing Thermal Oil Co., Ltd.

• November 1997 Shanghai Jiuxing Chemical Co., Ltd. was established.
• September 2006 Jiu Xing's wholly-owned subsidiary “Qidong Jiuxing Chemical Co., Ltd.” was established with a registered capital of 10.5 million yuan;
• In July 2007, Jiuxing Thermal Oil Energy Saving Cleaning and Repairing Agent won the Grade A of Shanghai High-tech Achievement Transformation Project;
• July 2007 Jiu Xing High Temperature Modified Heat Transfer Oil won the Grade B of Shanghai High-tech Achievement Transformation Project;
• In December 2008, the registered capital of Shanghai Jiuxing Chemical Co., Ltd. was changed to 3.6 million yuan;
• November 2008 Shanghai Jiuxing Chemical Co., Ltd. "heat-conducting oil energy-saving online cleaning agent" won the Shanghai Science and Technology Commission Innovation Fund of 350,000 yuan;