Beijing, China - On November 20, 2024, Geo-Jade Petroleum Corporation held its 2024 Investor Communication Event in Beijing. The event was led by the company's Chairman, Mr. Chen Huanlong, and President, Mr. Dai Xiaoping, who, together with Geo-Jade's management team, warmly welcomed the participating investors.

During the event, the management team reflected on the company's decade-long journey, emphasizing the lessons learned from both successes and challenges. They stated, “After a decade of sharpening our edge, we must draw from past successes, learn from our setbacks, and approach the future with courage, determination, and aspiration. The oil and gas industry, being capital-intensive, technology-intensive, and talent-intensive, requires us to remain humble and diligent as we strive for continuous progress.”

The management highlighted Geo-Jade's strategic advantages in its current resource-rich regions: being the largest Chinese private investor in Kazakhstan, holding the most awarded blocks among Chinese companies in Iraq, and co-investing in Bankers Petroleum, Albania's largest enterprise. These achievements lay a solid foundation for Geo-Jade's goal of becoming a globally integrated energy company.

Geo-Jade's positioning and future strategy were summarized in six key areas:

1. Commitment   to the “Belt and Road Initiative”: As a dedicated participant,   Geo-Jade remains aligned with national strategies and is the only   energy-focused private enterprise from Hainan Province listed on the stock   exchange under this initiative.

2. Dual-Engine   Strategy: Combining “project value enhancement” with “project   acquisitions,” Geo-Jade drives balanced development across its oil and gas   assets.

3. Regional   Focus: Geo-Jade aims to strengthen and expand its presence in Central   Asia, Eastern Europe, and the Middle East.

4. Diversified   Business Expansion: The company is preparing to venture into new   energy, international trade, and smart oilfield initiatives, fostering an   integrated development model.

5. Operational   Excellence: Progress has been made in building an international   management team, acquiring premium global projects, embracing   technological innovation, and digital transformation.

6. Strategic   Partnerships: Geo-Jade continues to seek partnerships that empower   growth and extend the value chain of its industry.

While celebrating its accomplishments, Geo-Jade also acknowledged the challenges posed by the complex international energy landscape and rapidly changing market demands. The company reiterated its commitment to core business optimization, resource allocation, and high-quality development.

Mr. Dai Xiaoping, Geo-Jade's President, emphasized the company's shareholder-first principle, stating, “As a responsible listed company, we prioritize transparency, scientific decision-making, and efficient governance. This investor research event is a vital bridge for us to listen to investors' voices. We look forward to open and equal exchanges, where we can explore development strategies and work toward a brighter future together.”

The event featured extensive discussions, where Chairman Chen Huanlong and the management team provided comprehensive answers to investors' constructive questions.

At the conclusion of the event, attendees expressed their appreciation for gaining a more in-depth understanding of Geo-Jade's history, current position, and future vision. They shared a renewed confidence in the company's trajectory and their partnership with Geo-Jade in the years to come.

Looking ahead, Geo-Jade remains steadfast in its vision for the next ten, twenty, or even fifty years. The company aspires to create another “golden decade” and beyond, inviting investors and partners to continue supporting and collaborating with the company as it embarks on this journey toward shared success and prosperity. Together, Geo-Jade and its stakeholders will embrace the future and achieve greatness!