The company originated from the Baling Company of China Petroleum & Chemical Corporation (Sinopec). In 2009, it was restructured into a joint-stock enterprise with a registered capital of RMB 17.5 million. Headquartered in Yueyang, Hunan—a renowned historical and cultural city in China and a key port along the Yangtze River—the company enjoys a prime geographical location and uniquely convenient l...