Hongchuan News | Exciting Announcement! Hongchuan Wisdom Signs Strategic Cooperation Agreement with Iraq National Infrastructure Development Foundation

（Source: Hongchuan Smart）

Major update! Hongchuan Smart signs a strategic cooperation agreement with the Iraqi National Infrastructure Development Fund

On March 20, Guangdong Hongchuan Smart Logistics Co., Ltd. (hereinafter referred to as “Hongchuan Smart”) and the Iraqi National Infrastructure Development Fund (hereinafter referred to as “Iraq Fund”) officially signed a comprehensive strategic cooperation agreement in Songshan Lake, Dongguan. Guided by the principles of mutual benefit and win-win outcomes, sharing resources, and complementing each other’s strengths, both parties will work together to expand the Middle East and China markets, and jointly open a new chapter in digital transformation of the energy and chemical industry and two-way investment cooperation.

As a leading innovative provider of integrated energy and chemical services in China, Hongchuan Smart mainly provides warehousing, logistics, and digital integrated services for customers in the onshore and offshore petrochemical product industry chains, while also actively developing capabilities in artificial intelligence and computing power infrastructure. The company’s business layout and technological strengths are highly aligned with the needs of Iraq’s energy and chemical industry for intelligent upgrading.

Based on both parties’ core advantages, this cooperation will establish a cooperation framework driven by the “two wheels” of industry and capital, focusing on four key directions:

1. Cooperation on oil and gas and chemical warehousing infrastructure projects in the Middle East: Both parties will jointly assess and cooperate on the development of oil and gas and chemical warehousing infrastructure projects in the Middle East, covering investment, operations, supply chain management, and technical services.

2. Cooperation on digital service projects for storage and transportation in the Middle East: In response to the Middle East oil and gas industry’s demand for intelligent management upgrade, both parties will work together to promote the digital transformation of storage and transportation in the Middle East.

3. Cooperation on investment projects in China by oil-producing countries: Both parties will work together to support plans of Iraq and other Middle Eastern countries to invest in oil and gas-related projects in China, actively seeking investment opportunities in oil and gas projects as well as other related business opportunities.

4. Capital cooperation: In addition to in-depth cooperation at the industrial level, both parties will simultaneously explore capital cooperation models to achieve deep integration between capital and industry.

This strategic cooperation is an important milestone for Hongchuan Smart to implement its “go global” strategy and expand into international markets. Against the backdrop of deepening global energy transition and the Belt and Road Initiative, both parties will take this cooperation as a starting point to promote deep alignment between China’s energy and chemical logistics technology standards and the Middle East market’s needs, helping Iraq’s energy and chemical industry achieve digital and intelligent transformation, and injecting strong momentum from China’s private economy into the Middle East’s energy and chemical market.

Fujian Port Energy’s Douwei Port Berth No. 7 helps “industrial elves” from Quanzhou go global

Recently, a cargo ship fully loaded with 10k tons of methyl tert-butyl ether (MTBE) departed from the Douwei Port area in Quanzhou. Fujian Port Energy’s Dock Douwei Port Berth 7#泊位再次见证泉州石化产业迈向国际化的坚实步伐。这批被誉为“工业精灵”的化工产品顺利从福建口岸出口，标志着泉州“石化产业减油增化”战略转型取得显著成效，斗尾港7# is precisely the key logistics hub in this transformation process.

As an important export gateway for Quanzhou’s petrochemical industry cluster, Fujian Port Energy, leveraging its professional capabilities in handling and loading hazardous chemicals and its efficient operating processes, provides solid assurance for the international circulation of large-scale chemical products. The successful shipment of 10k tons of MTBE not only demonstrates the competitiveness of Sinochem Quanzhou Petrochemical’s products, but also strongly validates Fujian Port Energy’s port service capabilities.

In the future, Fujian Port Energy will continue to leverage the location advantages of Douwei Port Berth No. 7, deepen strategic cooperation with park enterprises, and offer a more open posture and more efficient services, providing strong support for comprehensive port services. (By Zhang Xiaoqing)

Fujian Port Energy is selected for the province’s list of solid enterprises with increased oversight and control during the Spring Festival holiday period

Recently, the Fujian Provincial Department of Transport relayed to the public notices from the General Office of the Ministry of Transport regarding the implementation of tiered control for major dangerous sources during the 2026 Spring Festival holiday period, and officially released the list of enterprises with solid work and remarkable results in production safety during holidays. Fujian Port Energy made the list due to its strict tiered control measures for major dangerous sources during the Spring Festival holiday period, becoming a safety benchmark in the province’s port industry.

During the 2026 Spring Festival holiday period, facing the challenges of busy port operations and overlapping safety risks, Fujian Port Energy strictly implemented corporate principal responsibilities and comprehensively improved the control levels for major dangerous sources. Prior to the holiday, the company conducted in-depth safety training for all employees; during the holiday, it used information-based tools to carry out round-the-clock dynamic supervision and dynamic hazard inspections, among other concrete measures, achieving “zero incidents” in production safety during the holiday period.

Next, Fujian Port Energy will continue to deepen the long-term control mechanism for major dangerous sources, further strengthen the safety barrier of port operations with higher standards, and build a safety shield to support the high-quality development of Fujian’s port economy. (By Zhang Xiaoqing)

Editor | Liu Yuxing