In order to improve the professionalism and refinement of the company's existing ship material and fuel management work, ensure the stability of ship material and fuel supply under different market environments, meet the company's year-by-year increase in ship material and fuel procurement needs, and vigorously explore overseas ship fuel, materials, and spare parts markets and channels, the Group established Shanghai Zhihui Materials Co., Ltd. in the Shanghai Free Trade Zone in April 2016, mainly engaged in the sales of ship equipment and accessories, fuel oil, lubricants, and electromechanical equipment.etc. and import and export trade.