Shandong Yongxin Energy Group is a large group company mainly engaging in petroleum refining and involving coking chemical, titanium smelting, high-tech carbon materials, railway transport and logistics, real estate development and sales and other industries.
Founded in 2004 and headquartered in Hubin Industry Park in Boxing County, the company now has 2,600 employees and covers an area of 3,300mu with total assets over 10 billion yuan. Under the company, there are Shandong Province Boxing County Yongxin Chemical Co., Ltd., Shandong Chengda New Energy Technology Co., Ltd., Shandong Boxing Shengli Technology Co., Ltd., Shandong Yongfeng New Materials Technology Co., Ltd., Shandong Xingyuan Titanium Co., Ltd., Boxing Xinggang Railway Transport Co., Ltd. and other subsidiaries.
Its main products include: gasoline, diesel oil, liquefied gas, propylene, propane, MTBE, petrol coke, high-tech carbon materials, titanium-rich materials, vanadium iron, ferrotitanium, ferro-molybdenum, coke and other products.
Among them, the quality of gasoline and diesel oil products has exceeded national standards and reached the outsourcing standards of Sinopec Group and China National Petroleum Corporation (CNPC).
Since its establishment, the company has been adhering to market-oriented development, economic efficiency as the center, quality-based survival and humanity-oriented management. It adheres to the standard, rigorous and honest business philosophy and vigorously carries out technological innovation, marketing innovation and management innovation. In just over a decade, it has been among the top 10 industrial enterprises in the county and it is a key petrochemical enterprise in the city. It has been repeatedly awarded the titles of "Advanced Unit of Production Safety of the County", "Advanced Firefighting Unit of the County", "Top 10 Industrial Enterprises of the County" and "Star Enterprise of the County" and it was awarded many honorary titles, such as "Top 50 National Tax Payers of the City", "Municipal Advanced Enterprise", "AAA Credit Enterprise of Agricultural Bank of China Shandong Branch, etc. In 2015, it ranked 67th among top 100 private enterprises in Shandong. It has achieved remarkable social and economic benefits and made outstanding contributions to promoting local economic development.