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Which is better, Urumqi Petrochemical or Shanghai Petrochemical?
1. Market influence: As a subsidiary of China Petrochemical Group, Shanghai Petrochemical is headquartered in one of the most active cities in China, and has advantages in market influence and brand awareness. It is helpful for the company to expand the domestic and foreign markets and improve product sales and market share. Urumqi Petrochemical is located in a remote place, with a small market and less influence.
2. Management experience: As one of the important petrochemical enterprises in China, Shanghai Petrochemical has certain advantages in management experience, organizational structure and operation mode. It makes the company perform well in resource allocation, risk control and market response ability. Urumqi Petrochemical Company has little construction experience and resources.
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