The Company places great importance on land resource protection and has strictly implemented China’s arable land protection system and land conservation policies. The Company formulates regulations such as Measures for Land Management, Rules for Temporary Land Use Management, Rules for Acquiring New Construction Land, and Rules for Land Use and Protection. These land reclamation policies cover all the Company’s domestic operation sites. In addition, the Company develops land restoration schemes together with the local government. All the Company’s overseas operation sites will strictly abide by the policies and regulations of the countries or regions where they are located. We clarified the requirements for the sustainable use of land resources. These include planning, controlling development, revitalising existing land resources, optimising land structure, land restoration, and land withdrawal. This ensures that our operations develop sustainably, with minimal land use and an optimal structure, while striving to achieve a harmonious balance among oil and gas resources, land resources, and environmental resources.

According to the principle of “farming where suitable, planting forests and grassland where suitable, and carrying out construction where suitable”, we restore temporary or construction lands that are no longer in use in our production activities to their original or usable states. This is achieved through measures such as topsoil removal, land clearing, levelling, re-ploughing, soil fertilisation, and vegetation restoration. After reclamation and restoration, we promptly submit the work to the relevant local government departments for verification and acceptance. The lands are then transferred back to the original owners for their use in a timely manner. Our target for land use is to achieve 100% restoration of recoverable land.

The Company has reduced soil erosion caused by oil and gas exploration and development by carrying out vegetation restoration, ecological reconstruction, and other remedial measures in a timely manner. This has curbed the degradation of the ecological system at oil sites and the desertification of land caused by wind erosion, improved land use structure, increased land productivity and vegetation coverage, and facilitated the synergistic development of local agriculture and forestry.