wison engineering

Wison Engineering Better Technology, Better Life

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LNG & Power Generation

Refinery Petrochemical Syngas Chemical Oil & Gas

Field Services

EPC Project

Financing

PDP

FEED

Commissioning

Start-up

Industrial Park

Planning

Consulting

Feasibility Studies

Provide Integrated Solutions for Five Key Sectors

Extensive Client Base and Collaboration

8000 m2 Modern Laboratory Pilot Demonstration Plants

The 1st Non-stated-owned Enterprise in Energy & Chemical Industry for Incubating Postdoctoral Program

Advanced R&D Facility

Best HSE Performance in the Industry

• 100+ Million Safe Hours Over the Last 5 Years

• The average of TRIR = 0.06

• The average of DART = 0.01/per 200,000 work hours Design

Smart Design & Digital Handover

to keep project safety

Procurement

Supplier Quality & Monitoring

to keep operation safety

Construction

"Ten Golden Rules"

to keep construction safety

Start-up

"PRP & PSSR"

to keep start-up safety

Quality & Safety Management

QSHE throughout Entire Project Lifecycle

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

0

0.1

0.2

0.3

0.4

0.5

0.6

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0.8

0.9

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

TRIR DART FATALITY

Award of Engineering Consulting

Feasibility Study Report of Integration of Polyurethane Industry

Chain - Ethylene Project for Wanhua

Feasibility Study Report of Phase II Melamine Project (60

thousand tons per year) for XinLianXin

Chemical Industrial Quality Engineering Award Shaanxi Yanan Coal Oil and Gas Resources

Comprehensive Utilization Project

National Quality Engineering Gold Award Weibei Coal Chemical Industrial Park methanol

and polyolefin Project

National Quality Engineering Award Shandong Yangmei Hengtong MTO Project

XinLianXin Ammonia and Urea Complex Project

"2019 Listed Company Awards of

Excellence" by Hong Kong Economic

Journal Company

“Best Small and Medium Market Value

Stock Company” & “Best Company for

Investor Relations Management” by

Zhitong Caijing

Recognition & Rewards by Clients and Industry

Listed Company Award

• Further embedded in the global key markets and break through new key customers;

• Break through the Russian market, lay the foundation for future market expansion, and deepen the multiple stage achievements of

“Belt and Road” initiative market;

• Expand the scope of high-end consulting business (such as Pre-FEED and FEED, etc), which also emphasizes the early intervention

into key business opportunities;

• Break through the business expansion of municipal and environmental protection;

• Achieve the popularization of proprietary technology and joint licensing of C5-C6 isomerization; make further breakthrough in

terms of global technology integration;

• Following the success of the localized operation in the Middle East, Wison founded the North American operation center;

• Achieve China’s or global No.1 in terms of project execution, break through the largest PTA and the first full digital delivery of one

million-ton-scale ethylene design project;

• HSE highlighted the advantages of Chinese engineering companies ‘ global brand in project implementation and management;

• Carry out innovative management mechanism, make full use of the internal potential and improve the organizational efficiency;

The keywords of 2019 are “Expansion" and “Breakthrough"

Zhejiang Petrochemical 40,000 KTA Refinery-petrochemical Integration projects

Shenyuan Phase II 400KTA Polyamide Integration Project

Integration of upstream and downstream in the world’s largest

caprolactam production base;

Optimization of ammonia plant with one-stop delivery from technology

packaging, basic design to EPC;

A significant strategic presence for the Group’s expansion in the South

China market;

Key Examples of Domestic Market and Implementation in 2019

• The world's largest refinery-petrochemical Integration projects;

• Wison contracted 1,400kta ethylene plant;

• Being awarded the title of “2019 Exemplary Civilized Construction Site

of Zhejiang Petrochemical Phase II Project”;

• The foundation work of 2# ethylene cracking furnace was distinguished

as a model project;

Nanjing Chengzhi Yongqing Energy Coal-to-Chemical Complex

Project

• The first time that Wison applied a combined technology of MTO and

butadiene;

• The plant has started successfully on June 28th 2019; at present the plant is

running stably with high standard output;

Wison (Taizhou) New Materials Special Nylon Project

• Successfully entered into the fine chemical industry market and laid

solid foundation for entering the new material field;

• A complete set of services are provided from early market research,

technical options, economic analysis, implementation scheme planning

to feasibility study report preparation;

• Significant breakthroughs in the technological engineering conversion

and engineering design;


Zhengzhou Gewo Environmental Protection Development

100 Tons/Day Sludge Pyrolysis Gasification Pilot Plant

• Substantial progress has been made in the field of municipal

environmental protection thanks to the advantages of technical

engineering;

• New technology demo project to solve environmental problems;

Jiangsu Xinghua 430,000t/Day Yangtze River Diversion Project

• Breakthrough in the major engineering project concerning citizens’

livelihood;

• Introduce the refined project management into a new field relying on

its consistent high requirements and superior quality;

• The project will solve the livelihood water supply issue of 1.58 million

people;


Embedded in the Middle East market

• Newly signed 5 projects in Saudi Arabia, accumulated successfully delivered

all 8 projects with high standards and high safety ahead of schedule;

• Received Gold Key Award (highest quality award in KSA) and the Best Supplier

awarded by SABIC;

Example：SATORP Refinery Expansion project

• Wison’s first breakthrough in conducting EPC project for Saudi

Aramco and Total;

• Once again cooperating with KBR to jointly provide EPC services

for Saudi SATORP refinery Train 2;

Key Examples of Overseas Market and Implementation in 2019

EPC Petrochemical project in Texas, US

• Wison’s first large scale EPC project in North America;

• Wison’s largest EPC modular unit project in North America;

A polypropylene Front End Engineering Design (FEED)

project in Louisiana, US

• Wison’s first FEED project in the United States;

• The first project which process module planning for the plants started

from the project’s front-end design;

• Adapted to local conditions to optimize system layout, designed and

implemented the project with advanced economical module concept;

Key Examples of Overseas Market and Implementation in 2019

CNY (MM)

2017

2019

2018

Significant Increase in New Orders

732

2,366

20

3,119

3,452

6,300

1,285

1,740

12,777 4,496

2,150

24

7,168

Oil refining

498

+78.3%

Petrochemical Coal chemical Others

CNY (MM)

Significant Increase in Backlog

1,083

4,111 4,272

5,972

6,233

12,421

1,854

2,350

3,110

511

505

2,065

2017 2018 2019

Petrochemical Oil refining Coal chemical Others

9,420

13,199

21,868 + 65.7%

CNY (MM)

85.0%

3.5% 7.4%

4.2%

2019 43.0%

7.3%

48.9%

0.8%

Petrochemical Oil refining Coal chemical Others

2018

By Industry Sector

67% 44%

33% 56%

By Region

2018 Domestic Overseas

3,256

4,367

2018 2019

+ 34 %

2019

Steady Growth in Revenue

Annual Profitability

499

408

60 51

2018 2019

Gross Profit Net Profit

CNY (MM)

Increase the income base, further expand the advantages of economies of scale

Engineering companies with integrated technical service capabilities and core technology competitiveness will have more advantages

The cost that strategic investment brings rises, gross profit rate drops

Investment to increase market expansion; Investment to build core category competitive

advantage; Layout the investment in engineering

capabilities in new fields; Investment in talent and capability reserve;

5,749 5,721

4,000 3,917

69.58%

68.47%

60.00%

62.00%

64.00%

66.00%

68.00%

70.00%

72.00%

0

1000

2000

3000

4000

5000

6000

7000

Total Assets Total Liabilities Asset-Liability Ratio

Gradual Optimization of Asset Structure

2018 2019

4,618 4,288 3,988

3,456

1.16 1.24

0.60

0.70

0.80

0.90

1.00

1.10

1.20

1.30

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2018 2019Current Assets Current Liabilities Liquidity Ratio

CNY (MM)

Financial Overview

2019 2018 2019 2018

CNY (MM)

State of Operation Assets / Liabilities

Total Assets 5,749 5,721

Total Liabilities 4,000 3,917

Asset-Liability Ratio(%) 69.58% 68.47%

Liquidity Ratio 1.16 1.24

Quick Ratio 1.14 1.20

Revenue 3,256 4,367

Gross Profit 499 408

Net Profit 60 51

Gross Profit Margin(%) 15.30% 9.30%

Net Profit Margin(%) 1.80% 1.20%

Digitalization

Modularization

Partnership with Licensors

Technology Integration

Global Expansion

Value Extension

Future Business Strategy

WISON ENGINEERING SERVICES CO. LTD. Add：Room 5408, 54th Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong

Tel：852-2116 4313

Add：699 Zhongke Road, Zhangjiang, Pudong,Shanghai, 201210, P.R. China

Tel：86-21-20807174

wison engineering

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