WE HAVE TSA AND TSA ,PROVE FUND ,WATING SELLER TO VERIFY

Dear Seller:

We own large-scale tank storage facility. Below are the Tank STORAGE Agreement (TSA) and related documents, tank descriptions, and information about the tank owner

(WE HAVE TSA AND TSA ,PROVE FUND ,WATING SELLER TO VERIFY)

We not only own this 320,000 square meter tank in the Zhoushan Port Free Trade Zone (an independent island), but also a national reserve tank (Sinopec), which is also our partner tank; it is located opposite the independent island in the Zhoushan Free Trade Zone, with a maximum capacity of 800,000 tons/month.

We have strong financial resources, and our Chinese subsidiary has close cooperation with the Chinese government. Our general manager represents the government in resolving all transactions and large-scale financial issues in China.

If needed, we can arrange a TTM meeting at our Tank Storage building at any time to verify our robust tank storage capabilities. Our experts can then verify the seller’s tank products and complete SGS inspections.

The seller needs to authorize our Chinese subsidiary’s general manager, Jin Baiyun, to represent ZM in the inspection, etc.

Regarding tank verification, please follow these steps:

  1. We do not accept telephone verification and prefer to respond via email.
  2. We also accept on-site visits.
  3. Reasons for not accepting telephone verification:
  4. We cannot verify the caller’s identity, and we have a duty to protect customer information.
  5. We will not disclose customer information containing detailed bank information.
  6. Important notes regarding email verification:
  7. We will always respond to direct inquiries from oil mills or sales/supplier companies.
  8. We refuse inquiries from brokers or intermediaries.
  9. When sending verification emails, please CC drli@aboglobe.com and trading@zmtrust.com for buyer follow-up.

In addition, we have three CPAs assisting our Tank Storage in completing transactions.

Our Tank Storage Video :This is supplementary information video about our Tank Storage. We own an island of 1.2 square kilometers and a 320,000 square meter Tank Storage

EN590/Oil Products Trading Rules for ZM GROUP

  1. Regarding FOB Zhoushan Port, China: The seller must ensure that they will not require the buyer to pay advance payments, the buyer will not agree to extend the storage period of the seller’s tank storage, and the seller must ensure the authenticity of the goods. If the seller has Chinese customs and maritime registration, we can pay the UPFRONT fee. We only trade at Zhoushan FOB price; 2. Regarding CIF price: A letter of allocation from the seller’s government energy department is required! This letter of allocation needs to be signed and stamped by the seller’s government energy department and notarized at the Chinese consulate! Then we can pay SBLC /DLC OR BG /TT

BEST WISH

DR Li