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The National Development & Reform Committee had officially granted an approval to the Group to establish a new oil, gas and liquid petrochemical Terminal with a total docking and storage capacity at least 3 times more than XHIT in Pearl River area |
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Prospective business model and anticipated Net Profit Margin should be similar to XHIT |
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It is anticipated that new jetty facilities will become operational in
2008, which will make a considerable contribution to the Group |