Established on 12 December 2007 and registered in Shanghai, China National Aviation Fuel Logistic Co., Ltd. (CNAFLC) is a wholly owned subsidiary of CNAF. As a key player in China’s domestic jet fuel shipping market, CNAFLC is responsible for integrating the operations and management of CNAF’s logistics Business and assets. It is committed to building up a professional logistics management team and highly integrated oil products distribution system. CNAFLC’s businesses include shipping, ports, storage and pipeline transportation. It has established 7 subsidiaries and branches across the country. CNAFLC owns 37 oil tankers and operates 45 shipping routes. It controls more than 90% of the PRC domestic jet fuel shipping market.