20 years ago, I had a dream to build a privately-owned Chinese energy company standing on the international arena.
We have grown under policies of monopoly and liberalization adopted by the Chinese government toward the energy sector, and gone through different phases of enterprise evolution and development, fighting against all the odds, rising in rebirth from adversity. Today, Brightoil stands firmly on the international arena, fulfilling China's energy strategy. We have four major businesses: oil storage and terminal facilities, marine transportation, international trading and bunkering, as well as upstream oil and gas exploration and exploitation. We have subsidiaries in many countries and regions worldwide, and we shall continue to increase our investment as we expand our global oil and gas exploration and exploitation business.
In 20 years of steadily stepping forward, Brightoil has gradually grown. It has achieved thus by perseverance, hard work and unwavering commitment to our dreams and beliefs. The Brightoil of today has not come easily. Not only has it been able to survive in a rocky market, it has also laid a solid foundation for future development, which gives me great comfort!
Taking a global view, the world economic and political landscapes are currently changing to a troubled autumn, and we are yet to face many unknown trials and tribulations. This poses a challenge and an opportunity for Brightoil. The tough business environment has hardened our resolution, as well as sharpened our acumen and ability to grasp opportunities. We believe that the divine rewards the hardworking, we believe even more that opportunities will favor those who stay firm and persevere in their dreams. Brightoil is well prepared to embrace the future.
As our major businesses continue to grow stronger, especially with an increasingly expanding upstream business, Brightoil will definitely become a world-renowned global energy company.
We look forward to your continuous interest and support as always!