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The relationship between Honggang Petrochemical and Shenghong Petrochemical

Sub-parent company relationship.

Jiangsu Honggang Petrochemical Co., Ltd. was established in March 2011. It is a subsidiary of Shenghong Group. The company is Shenghong Group's "one silk" from downstream polyester chemical fiber to upstream petroleum refining. "A drop of oil" is an important link in the layout of the entire industry chain.

Jiangsu Honggang Petrochemical Co., Ltd. is one of the petrochemical sector projects established by Shenghong Group in Lianyungang. It is mainly engaged in the production, sales and service of purified terephthalic acid products.