CNOOC Zhongjie Petrochemical Co., Ltd.

Hebei Zhongjie Petrochemical Group Co., Ltd. is located in the Zhongjie Industrial Park, Bohai New Area, Hebei Province, within the national Bohai Rim Economic Development Zone and the Dagang Oilfield production area. It borders Beijing and Tianjin to the north, and is adjacent to Tanggu Port and Huanghua Port and the Shuohuang Railway to the east and south. With well-developed transportation, superior regional conditions, and obvious development advantages, it is a shining star in the economic development of the Bohai region.
Hebei Zhongjie Petrochemical Group Co., Ltd. is a large group company integrating petroleum chemical product processing and sales, oil trade, logistics and transportation, public transport passenger transport, automobile testing, real estate development, hotel management, geothermal development, natural gas supply, property services, and financial loans. It has 18 subsidiaries with shareholding, controlling, or wholly-owned interests.
Among them, the shareholding companies are: CNOOC Zhongjie Petrochemical (Huayue Chemical) Co., Ltd., in which the group holds 40% of shares; Hebei Zhongjie Nitra Wine Co., Ltd., in which the group holds 49% of shares; and Dagang Oilfield Cangzhou Xinneng Oil and Gas Co., Ltd., in which the group holds 49% of shares. The controlled companies include Hebei New Qiyuan Energy Technology Development Co., Ltd., Hebei Jiexin Building Materials Co., Ltd., Hebei Huajianyu Oil Co., Ltd., Cangzhou Lingang Huachen Petroleum Products Co., Ltd., Cangzhou Lingang Huayun Transportation Co., Ltd., Cangzhou Lingang Ruitai Public Transport Co., Ltd., Cangzhou Lingang Shunxinda Taxi Co., Ltd., Cangzhou Lingang Huacheng Bida Automobile Testing Co., Ltd., Cangzhou Lingang Huatong Automobile Repair Factory, Hebei Zhongjie Real Estate Development Co., Ltd., Huanghua Huayue Kaixuan Hotel Co., Ltd., Cangzhou Lingang Xinyi Gas Co., Ltd., Cangzhou Lingang Xinyi Property Co., Ltd., and Huanghua Haiyitong Micro-loan Co., Ltd., totaling 14 enterprises. The wholly-owned company is Cangzhou Lingang Huarun Asphalt Co., Ltd.
The group's controlled and wholly-owned companies have more than 1,100 employees, of whom professional and technical personnel account for about 40% of the workforce. The professional structure and age structure of employees are reasonable. Some subsidiaries have passed ISO9001 quality management system certification.
As of the end of 2011, the group's total assets reached 3 billion yuan, with net assets of 1.334 billion yuan. The annual total profit was 299 million yuan.
The group adheres to technological innovation and harmonious development, upholding the corporate spirit of "seriousness, truthfulness, and practicality."
In the next five years, the group will build itself into a large-scale group company that is innovative, technology-oriented, service-oriented, and sustainable, with equal emphasis on economic and social benefits.