The energy and chemical industry is an industrial chain with green circular economy built by the Group. After rapid development, it has shown its unique competitive advantages. The main business is divided into energy industry and chemical industry. It will be one of our pillar industries to engage in energy industry and chemical industry with high energy consumption. In response to the smooth development of business, the Group has set up subsidiaries in Zhangjiagang, Zhoushan Zhejiang, Dalian Liaoning and other domestic cities, which business is distributed all over the country and parts of the Middle East. At present, the turnover of the oil sector in the third and fourth quarters of 2019 alone reached 1.6 billion yuan, while that of the chemical sector reached nearly 900 million yuan in 2019.
Shenzhen Qianhai Shengfeng Energy Co., Ltd. was established in February 2019. The company employs professional chemical trade talents as it focuses on the chemical trade agency business. At present, it has reached a long-term strategic partnership with Zhejiang Materials Industry Group, CNOOC and other domestic and foreign business platforms. Relying on the advantages of state-owned enterprises, Shengfeng has enhanced its market competitiveness. In the future, the company will expand the national market with basis on South China, and aim to become the first-class chemical bulk commodity trading company in China. It plans to expand its business to the whole wide world in the next year.
Other cooperative customers: Yuanda Energy, Ningbo Petrochemical, Jiangsu High-tech, Nanhua, Yishuntai
Zhejiang Yuehai Energy Co., Ltd. was established in 2019, which mainly engages in chemical products, domestic and foreign trade. The company adheres to the corporate culture of "integrity, professionalism and multiple win", sticks to stable operation, strict risk control and management, and wholeheartedly provides customers with the best quality service. At present, the company has established a strategic partnership with Zhongda Wuchan Group, serving many customers such as Yuanda Energy and Chemical, Yibin Tianyuan Group and Jiangsu Wuyang Group.
Located in Shenzhen, Shenzhen Paul Run Petrochemical Co., Ltd. mainly deals with the sales of chemical products, wholesale and retail business of rubber plasticizer, investment in petroleum energy, fuel development, technical development of biodiesel, etc. With the support of the strong strength of the Group and giving full play to the advantages of market, capital, talents and mechanism, Paul Run Petrochemical has built a high-quality, professional and international management team to provide customers with high-quality products, good technical support and sound after-sales service, and has formed its own characteristics in market development, technological innovation, risk control and resource integration. In addition, it has obvious competitiveness in the market and has achieved considerable development in business.
So far, it has established long-term strategic cooperation relations with many large companies, such as CNOOC, PetroChina Sanweisi Petrochemical, Liaohe Petroleum, etc., and offered service to customers throughout the country. Its main customers include Sinopec, PetroChina Hengsheng Petrochemical, Guangxi Yongsheng Petrochemical, Shaanxi Yanchang Petroleum Group, etc.
