Sinopec Oilfield Service Corporation announced that Recently, Sinopec Shengli Oilfield Engineering Construction Co. Ltd., an indirect wholly-owned subsidiary of Sinopec Oilfield Service Corporation (the "Company"), won the bid for Yushan - Zhongjin Petrochemical products submarine pipeline construction project of the 40 million tons /year refining and chemical integration project of Zhejiang Petroleum & Chemical Co. Ltd. with a total construction period of 12 months. The bid price amounted to approximately RMB 1.425 billion, representing approximately 2.04% of the operating revenue of the Company for the year 2019 under the PRC accounting standards.