Hengyuan Refining Company Berhad announced that Mr. Li Bin, 59, will undertake all duties and responsibilities from Mr. Grant Gao, JinLiang as the acting Chief Executive Officer of the Company with effect from 3 July 2023. Qualifications:-University of International Business & Economics, China. Working experience and occupation:-Mr Li Bin is a qualified lawyer who is well versed in international maritime and trade law.

He carries with him a breadth of experience of more than 30 years in various fields spanning across shipping, trading, oil terminals & logistics, investment banking and overseas oil investment industries from different countries and regions, including USA, Singapore, China (Beijing, Shanghai and Hong Kong). He has years of experience at J.P. Morgan as the Executive Director. Before joining Hengyuan as the Chief Commercial Officer, Li Bin was a consultant on overseas investment and oil project.