Win-win cooperation: Maoming Tianyuan Petrochemical Co., Ltd. and PetroChina Fuel Oil Co., Ltd. sign

On the afternoon of February 22, 2019, Maoming Tianyuan Petrochemical Co., Ltd. (hereinafter referred to as "Tianyuan Petrochemical Company"), a subsidiary of Yuexiang Tianyuan Group, and PetroChina Fuel Oil Co., Ltd. (hereinafter referred to as "China Oil Company") strategic cooperation signing ceremony It was successfully held in the meeting room of the Beijing headquarters of PetroChina Fuel Oil Co., Ltd. The signing ceremony was presided over by Tan Licun, deputy general manager of China National Petroleum Corporation. Yang Jinming, chairman and general manager of Tianyuan Petrochemical Company, Li Weibin, deputy general manager, Huo Jinsan, executive director, general manager, and deputy party secretary of China National Petroleum Corporation, and Shao Lei, assistant general manager and sales center manager, attended the signing ceremony. The signing of this agreement indicates that the cooperation between the two parties has entered a new stage of development.

At the signing ceremony, Huo Jinsan, General Manager and Deputy Secretary of the Party Committee of China National Petroleum Corporation, first introduced China National Petroleum Corporation's development history and business conditions in recent years, and expressed his gratitude to Tianyuan Group for its support for many years of cooperation. He pointed out that in the face of increasingly competitive market background, China National Petroleum Corporation will pay more attention to deepening cooperation with strategic partners. The crude oil cooperation has introduced new sales models such as stable forward and stable spot; The fuel company's advantage in the number one market share of bitumen enables the promotion of price promotion in cooperative sales of bitumen. In terms of direct supply of distillate oil and other products, China National Petroleum Corporation will adhere to the principle of marketization, increase the scale of cooperation, and expand the scope of cooperation.

Yang Jinming, Chairman and General Manager of Tianyuan Petrochemical Company, delivered a speech and expressed his sincere gratitude to China National Petroleum Corporation for the cooperation opportunity. Tianyuan Petrochemical Company has fully experienced the CNPC Fuel Oil Company's business philosophy of focusing on the market, being close to the market, and win-win cooperation. At the same time, it has the advantages of rich raw material resources, large production scale, and advanced business model. The cooperation with China National Petroleum Corporation is Maoming Tianyuan Petrochemical. The honor and pride. Tianyuan Petrochemical Company has formed a relatively complete production scale after it was put into production, and has certain advantages in production and operation. It is hoped that the signing of the cooperation agreement will be a new starting point for both parties to cooperate in hydrogenation raw materials, distillates, and other raw materials, so as to further expand the breadth and depth of cooperation and create a new situation of strong alliances, common development, and win-win cooperation. .

Looking into the new historical period, my country's energy industry will usher in new development opportunities. Tianyuan Petrochemical Company and China National Petroleum Corporation will consolidate and expand exchanges and cooperation in a wider range and deeper level, create new value with service and innovation, and achieve joint progress, solidarity, concerted efforts, and win-win development.

Let us wish Tianyuan Petrochemical Company and China Oil Company a better tomorrow!