Jiangsu Rushi Machinery Co.

Energy
China
Rushi

Rushi signed a “Letter of Agency” signed by Rushi President Liu Zhi Gang on July 10, 2016 granting exclusive agency rights to the Iranian firm, Petro Farayand Sadid (“Petrosadid”) in Iran. (Petrosadid Website, “EXCLUSIVE AGENCY LETTER,” 3/2/2016).

"...cooperated with Petrosadid Iran before July 2016, and signed an exclusive agency agreement with this company. However, our company has not cooperated with this company since July 20216, and this exclusive agency agreement expires on July 11, 2018. Our company will not cooperate with this company in the future."