Company advantages of Wenzhou CNPC Fuel Petrochemical Co., Ltd.

The company has a good location advantage and market advantage, with the most developed Yangtze River Delta Economic Zone in the north and the booming Haixi Economic Zone and the Pearl River Delta Economic Zone in the south. There is a great demand for asphalt and fuel oil. The company has excellent resource advantages. China Petroleum Fuel Oil Co., Ltd. is located in Daxie Island, Ningbo, Zhejiang Province, and the10.3 million cubic meter oil depot adjacent to Wenzhou provides resources for the company. With the help of large-scale wholesale by sea, the company has formed a rare logistics and transportation advantage. The company plans to build an onshore warehouse in Fujian, Zhejiang, which can realize the onshore retail of products and further explore the terminal market.