Hengyang Petrochemical Logistics Limited is a China-based investment holding company. The Company, through its subsidiaries, provides logistic services for the petrochemical industry in China. The Company operates through three segments: service segment, transportation segment and development stage segment. The service segment is in the business of storage, dispatch and drumming of liquid petrochemical products. The transportation segment is in the business of providing land transportation services. The development stage segment consists of companies, which have not commenced operations except for construction-in-progress. The Company provides storage and land transportation services for different types of liquid and gas petrochemicals, such as acetic acid, phenol, acetone, styrene, methanol, propane, butane, butadiene, fuel oil and base oil. Hengyang Holding Pte. Ltd, which is an investment holding company, is the subsidiary of the Company.

Sales Analysis. Hengyang Petrochemical Logistics Limited reported sales of 137.52 million Chinese Renmimbi (US$21.20 million) for the year ending December of 2016. This represents a sharp decrease of 35.2% versus 2015, when the company's sales were 212.36 million Chinese Renmimbi.