中航油（新加坡）股份有限公司

China Aviation Oil (Singapore) Corp. Ltd is engaged in jet fuel supply and investment holdings in oil-related businesses. The Company offers clean petroleum products, such as jet fuel, gasoil and naphtha. The Company’s subsidiaries include Greater China Travel Industry (Singapore) Pte Ltd, China Aviation Oil Spain, S.A., China Aviation Oil Xinyuan Petrochemicals Co. Ltd (Xinyuan) and CAOT Pte Ltd. In September 2007, the Company announced that its wholly owned subsidiary, Greater China Travel Industry (Singapore) Pte Ltd (GCTI) has been dissolved. In September 2007, the Company also announced that China Aviation Oil Spain, S.A. (CAO Spain), a wholly owned subsidiary of the Company, has been dissolved. During the year ended December 31, 2007, the Company disposed of its equity interest of 41% in China Aviation Oil Xinyuan Petrochemicals Co. Ltd.