Introduction to Zhuhai Zhenrong Company

Zhuhai Zhenrong Company is a key state-owned enterprise established in 1994 with state approval. It is now managed by the State-owned Assets Supervision and Administration Commission of the State Council. 1 Upon approval by the State Council, Nanguang (Group) Co., Ltd. and Zhuhai Zhenrong Company Rong Company implemented reorganization. Since its establishment, the company has taken it as its mission to enhance the comprehensive strength of national defense and revitalize the national energy industry, carry forward the entrepreneurial spirit of self-reliance and hard work, and strive to forge ahead and continuously develop. In 2011, the company achieved operating income of 75.6 billion yuan. By the end of 2011, the company had imported a total of approximately 163 million tons of crude oil, with a trade volume of approximately US$60 billion, and had paid a total of nearly 60 billion yuan in taxes and fees to the country.