Core Insights - The article highlights the recognition of Sinopec's innovative efforts in the energy and chemical industry, particularly in the context of ESG (Environmental, Social, and Governance) initiatives, at the "Second China-Europe Enterprise ESG Best Practices Conference" held in Stuttgart, Germany [1] Group 1: Technological Innovation - Sinopec's project titled "Breakthrough to 'Deep' and Climb to 'New' Empowering the Development Blueprint of the Energy and Chemical Industry with Technological Innovation" won the "Best Case of Technological Innovation" award [1] - The company has made significant advancements in clean energy and low-carbon production processes, leveraging its integrated industry chain innovation advantages [1] Group 2: Deep Exploration - Sinopec has successfully developed China's first shale gas field with a storage capacity of 100 billion cubic meters and production capacity of 10 billion cubic meters, making China the first country outside North America to achieve large-scale commercial development of shale gas [1] - The company has established China's first million-ton CCUS (Carbon Capture, Utilization, and Storage) project, along with the world's first 100-kilometer transportation pipeline, and initiated a 10-million-ton open CCUS project in collaboration with Shell, China Baowu, and BASF [1] Group 3: New Materials and Applications - Sinopec's carbon fiber is used in the world's longest land-based wind turbine blades, showcasing a breakthrough in traditional material performance limits [2] - The company has developed low-sulfur marine fuel oil with sulfur content significantly below international standards, contributing to the green transformation of global shipping [2] - The first commercial passenger flight using bio-aviation fuel made from agricultural and forestry waste was completed in China [2] Group 4: Digital Transformation - The world's first digital twin intelligent ethylene plant, developed by Sinopec, is set to be operational by December 2024 [2] - The company has introduced its first AI digital employee, which is currently deployed in over 40 comprehensive energy stations [2] - Sinopec is actively building an open innovation ecosystem, establishing research centers in Houston and the Middle East, and collaborating with Imperial College London on resource geophysics research [2]

Core Viewpoint - The article highlights the significant reforms and innovations in the bonded fuel supply sector in Shenzhen, which enhance the port's international competitiveness and operational efficiency in providing bonded fuel for international shipping [1][7]. Group 1: Bonded Fuel Supply Innovations - Shenzhen has successfully implemented the "two warehouses combined" reform, which integrates bonded and regulatory functions into a single warehouse, reducing storage costs by approximately 30% and improving operational efficiency [2][7]. - The bonded fuel supply service is crucial for international maritime services and is a key indicator of a port's internationalization and service level [3]. Group 2: LNG Supply Growth - The LNG supply at Yantian Port is projected to reach 300,000 cubic meters in 2024, nearly six times the total for 2023, contributing nearly 700 million yuan in value to the Yantian District [4]. - The establishment of a comprehensive maritime service system for LNG fuel supply in Shenzhen has been recognized and promoted by the National Development and Reform Commission [4]. Group 3: Cross-Border Resource Complementation - The demand for green and clean fuel in international shipping is increasing, necessitating cross-border bonded LNG supply operations to meet this demand [5]. - The successful bonded LNG supply operation between Shenzhen and Zhuhai marks a significant step in utilizing regional resources effectively, enhancing operational safety and efficiency [5]. Group 4: Performance Metrics - In the first five months of the year, the bonded fuel supply volume in Shenzhen reached 288,400 tons, a year-on-year increase of 14.8%, with bonded fuel oil accounting for 188,800 tons and bonded LNG for 99,600 tons [6].