Our subordinate company Zhejiang Materials Petrochemical Co., Ltd. (hereinafter referred as ZMPC) is the trading enterprise mainly engaged in fuel oil and refined oil, concurrently running chemical products. ZMPC owns the operation rights of refined oil wholesale and of fuel oil import.
ZMPC has already expanded its oil business from the seaside area in Zhejiang Province to East China, Guangdong and Guangxi provinces.
ZMPC has built many cooperative distribution outlets in Zhejiang Zhoushan, Xiangshan, Taizhou and Wenzhou.
ZMPC owns a 100 thousand cubic meter oil tank (second-stage pf the same size) in Wenling, Taizhou, holding ports of 3000 tons and of 5000 tons respectively.