Core Points - The successful operation of Jiangsu Province's first "dual-function warehouse" reform project for bonded fuel supply marks a significant advancement in the region's port capabilities and high-quality economic development [1] - The "dual-function warehouse" allows the same warehouse to serve as both a bonded warehouse and an export supervision warehouse, streamlining the process for domestic fuel supply [1] - The reform enhances the efficiency of fuel supply operations and reduces operational costs for the port [2] Company Insights - Dongfang Petrochemical's warehouse is strategically located in the middle of the Yangtze River's open port area, supplying fuel to dozens of ports along the river [2] - Over the past three years, Dongfang Petrochemical has supplied a total of 500,000 tons of fuel, and the new dual-function capability will further enhance its fuel supply capacity [2] Industry Impact - The reform aligns with Rugao City's strategy of strengthening the port's role, enhancing its status as a first-class open port in the country [2] - The simplification of operational processes from "two in, two out" to "one in, one out" significantly improves the efficiency of bonded goods flow and storage [2] - The customs authority plans to continue releasing policy benefits to support the regional bonded fuel supply industry, contributing to high-quality development and high-level openness [2]