Is CNOOC Huizhou Petrochemical Co., Ltd. a state-owned enterprise?

Yes According to relevant information, CNOOC Huizhou Petrochemical Co., Ltd. is a state-owned enterprise and the first large-scale modern refinery wholly owned by China Offshore Oil Corporation. Located in Daya Bay Development Zone, Huizhou City, Guangdong Province, it is mainly engaged in petroleum production and processing and sales of refining products. Its business scope includes Phase I project (654.38+0.2 million tons/year oil refining) and Phase II project (654.38 million tons/year oil refining). Building an integrated refining and chemical base with Huizhou Petrochemical as the core in Daya Bay area is an important guarantee for CNOOC China to actively respond to the strategic deployment of the seven national petrochemical industrial bases, support the economic development in the Pearl River Delta region, improve the industrial chain of the Group, enhance its anti-risk ability and build a world-class energy company.