Quotes by Chen Geng

“We will see a substantial increase (in the overseas production) by 2010.”

“Chinese oil enterprises practice win-win and mutual benefits. Only by complying with this principle, could the enterprise do well its relationship with the local government, local people and the competitors.”

“We wont miss out on good opportunities to acquire and expand our international business, but we wont be reckless and hasty in our moves to buy assets.”

“We are going to sign three agreements tomorrow [Tuesday] afternoon, and the next day we will make an announcement.”

“2005 was filled with opportunities and challenges. Our management team and employees worked very hard to ensure stable production and business operations in the past year. Combined with enhanced management and a series of M&A initiatives, our efforts led to a strong growth in earnings, which was the highest since our listing, and laid a solid foundation for the companys long-term development.”