Business Focus
Junyuan Petroleum Group was founded in 2006 with a registered capital of 160 million (US $27 million). After 15 years of continuous development and growth, Junyuan Petroleum Group currently has owned six subsidiaries: Dongying Liangxin Petroleum Technology Development Limited Company, Dongying Junyuan Petroleum Technology Development Co., Ltd., Orient Junyuan (Beijing) Technology and Trade Co., Ltd., Dongying Changyuan Petroleum Technology Development Co., Ltd., Dongying Junyuan Logistics Co., Ltd., Xinjiang Liangxin Petroleum Technology Development Co., Ltd., and these seven subsidiaries jointly constitute a complete petroleum finishing industry chain of Junyuan Petroleum Group, which includes high-quality and complete products, convenient and efficient logistics and dedicated after-sales service. At present, the group has total assets of 1.5 billion Yuan (25 million US Dollars) and fixed assets of 1.2 billion Yuan (20 million US Dollars), covering an area of nearly 1,000 acres and more than 500 employees, with an annual output of 500,000 tons and an annual value of more than 3 billion Yuan (more than 500 million US Dollars).