Beijing Spike Engineering Project Management Co., Ltd.

Beijing Spike Engineering Project Management Co., Ltd. (referred to as Spike Company) was established in November 2010. It is a wholly-owned subsidiary of China Petroleum Engineering Co., Ltd. (referred to as CPEC, stock code 600339), with independent legal personality and a registered capital of 10 million RMB. It is a key international project management company cultivated by CNPC Group, specializing in construction project management (PMC). In the same year, Qingdao Huayou Engineering Construction Supervision Co., Ltd. (established in February 1998) was wholly incorporated into Spike Company's management, and the two companies operate under a deeply integrated model of "one team, two brands." The company primarily engages in engineering project management, engineering supervision, technical consulting, equipment manufacturing supervision, commissioning management, and technology promotion services. Its business scope covers long-distance oil and gas pipelines, oil and gas field surface construction, petroleum refining and chemical engineering, light hydrocarbon recovery, crude oil and product oil storage, comprehensive natural gas utilization, LNG, industrial and civil construction, roads, bridges, tunnels, water supply and drainage, municipal engineering construction, etc. It holds Class A qualifications for chemical and petroleum engineering supervision, housing construction engineering supervision, and municipal public works supervision. The company has a solid track record in long-distance oil and gas pipelines, refining and chemical engineering, oil and chemical product storage, oil and gas field surface construction, housing construction and municipal engineering project management, supervision, manufacturing supervision, and technical services. The engineering projects undertaken by the company have received unanimous praise from project owners, government quality and safety supervision departments, higher authorities, and contractors, and have repeatedly won honors such as the National Quality Engineering Award, CNPC Quality Engineering Award, and Chemical Industry Quality Engineering Award. The company always adheres to the business philosophy of "fairness, trustworthiness, quality assurance, and mutual benefit," follows the principles of law-abiding, integrity, fairness, science, and innovation in project management (supervision), implements scientific project management planning, systematic system documentation, standardized process management, and information-based integrated management, aiming for project success and owner success, providing value-added and differentiated services to owners, and ensuring the smooth and successful completion of construction goals.