1. Yanchang Petroleum Co., Ltd. is Shaanxi Yanchang Petroleum Group Co., Ltd. and one of the domestic enterprises with oil and gas exploration and development qualifications. Yanchang Shell Petroleum Co., Ltd. is a refined oil sales enterprise jointly invested by Shaanxi Yanchang Petroleum Group Co., Ltd. and Shell China Co., Ltd. Yanchang Shell is a Sino-foreign joint venture.
2. The main business scope of Yanchang Petroleum Co., Ltd. is fuel retail, convenience store and oil changing center. Shell's main business is oil upstream and downstream and chemical business.