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Leaders of Hebei Xinhai Holding Group went to Singapore to inspect Xing'ao Energy Company

Leaders of Hebei Xinhai Holding Group went to Singapore to inspect Xing'ao Energy Company

  • Categories:Group News
  • Author:
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  • Time of issue:2019-07-27
  • Views:3

(Summary description)On July 24, leaders of companies such as Zhan Guohai, chairman of Hebei Xinhai Holdings, Liu Fulu, president, and Zhang Zhanjing, vice president, went to Singapore to inspect Xing'ao Energy Company.

Leaders of Hebei Xinhai Holding Group went to Singapore to inspect Xing'ao Energy Company

(Summary description)On July 24, leaders of companies such as Zhan Guohai, chairman of Hebei Xinhai Holdings, Liu Fulu, president, and Zhang Zhanjing, vice president, went to Singapore to inspect Xing'ao Energy Company.

  • Categories:Group News
  • Author:
  • Origin:
  • Time of issue:2019-07-27
  • Views:3
Information

  On July 24, leaders of companies such as Zhan Guohai, chairman of Hebei Xinhai Holdings, Liu Fulu, president, and Zhang Zhanjing, vice president, went to Singapore to inspect Xing'ao Energy Company.

 

  Xing'ao Energy Co., Ltd. is a subsidiary of Hebei Xinhai Holdings. It officially operated in March 2019. In just 4 months, it completed a number of tasks including team formation, bank credit, futures business execution, and counterparty registration. A solid first step for the group's internationalization strategy.

 

  At present, it has registered with internationally renowned energy companies such as Petrobras, Norwegian Petroleum, British Petroleum, Total, French Exxon, Spanish Petroleum, Woodside, Australia, Mitsui & Co., Ltd., and Mitsubishi Corporation in Japan as Hebei Province. The first major oil products trading company based overseas, Xing'ao Energy is not afraid of challenges and contributes to the stable supply of raw materials and resource optimization of the Group. Xing'ao Energy is actively contacting overseas financing banks and actively expanding overseas financing credit channels. It has obtained credit lines from Bank of China, Industrial and Commercial Bank of China and OCBC Singapore Branch.

 

  The group leaders recognized Xing'ao Energy's staged achievements and demanded that Xing'ao Energy should take risk control as the lead in the future, continue to improve the company's management system, strengthen communication and exchange at home and abroad, learn the advanced concepts of various companies, and focus on the international market. Credit and cooperation, promote the mutual complementarity and common development of trade and entities, and make an outstanding new force for the development and expansion of the group and integration with the international market.

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