Chongqing Longyu Petroleum Co., Ltd.

Chongqing Longyu Petroleum Co., Ltd. is a refined oil trading enterprise jointly funded and established by Sinopec and PetroChina, two major groups. It holds the qualification for gas station construction approved by the State Economic and Trade Commission to operate in Chongqing. It is mainly engaged in wholesale and retail of refined oil, CNG natural gas sales, as well as commerce and trade, and automobile services. As a refined oil trading unit outside the region under the management of Sinopec Sales Company, Chongqing Longyu Petroleum has a stable resource allocation, undertakes the political responsibility of developing the western energy market, expanding Sinopec's market share outside the region, and promoting local economic development. Together with PetroChina Chongqing Sales Company and Sinopec Chuanyu Company, it ensures the refined oil supply in the Chongqing market and is known as one of the 'three major oil companies in Chongqing.' Since entering Chongqing in 2001, Longyu Petroleum, with its flexible mechanisms, honest business practices, and the diligent and down-to-earth work of Longyu people, has not only established a firm foothold in Chongqing but also successfully realized the strategic model of 'leveraging the small to achieve the big and rolling development,' achieving gratifying business results: by the end of 2009, cumulative sales of refined oil exceeded 1.2 million tons, CNG natural gas exceeded 60 million cubic meters, operating revenue exceeded 6 billion yuan, and profits reached over 100 million yuan. It has established retail outlets in 14 districts and counties including the main city, Beibei, Jiangjin, Bishan, Yongchuan, and Banan. Currently, it operates 30 gas stations and 2 gas and CNG stations, forming a stable sales network. To better serve society, the company has established subsidiaries Chongqing Yijie Commerce and Trade Co., Ltd. and Chongqing Longyu Automobile Maintenance Service Co., Ltd. Their business scope mainly includes convenience store operations at gas and CNG stations under Chongqing Longyu Petroleum Company, as well as automobile maintenance, beauty, decoration, car film, quick maintenance, quick repair, quick paint repair, automotive boutique products, and insurance agency services. Chongqing Longyu always takes 'serving the Chongqing market and highlighting the Sinopec brand' as its work purpose, and operates pragmatically and with integrity. It has received unanimous praise from relevant departments and all sectors of society, and has been elected as vice president unit of the Chongqing Hazardous Chemicals Circulation Association and vice president unit of the Chongqing CNG Compressed Natural Gas Industry Association. It has won honors for many consecutive years, including 'Top 30 Commercial and Trade Circulation Enterprises in Chongqing,' 'Outstanding Enterprise' of Chongqing High-tech Zone, and 'Contract-honoring and Credit-worthy Unit' at the municipal and high-tech zone levels. With the company's rapid development, we warmly welcome those who are determined to develop in the energy industry to join our big team and share our glory and dreams!