On December 6, 2001, China Air Oil was successfully listed in Singapore.On December 6, 2001, the first Chinese company to list its own assets abroad, China Air Oil (Singapore) Co., Ltd. (referred to as "China Air Oil") was officially listed on the Singapore Stock Exchange main board market. After its opening, it was immediately favored by local shareholders, and the share price rose by more than 12%. The total number of shares issued by China Air Oil was 1.4 billion shares, of which 1.3 billion shares were previously bought by multinational companies such as Morgan Stanley, and the share purchase rate of more than 10 million public shares was as high as 8.18 times. Singapore Stock Exchange and the banking industry noted that the share purchase rate exceeded such a large amount, and it was the first time in Singapore. Singapore¡¯s public share purchase rate was about 3.56