Leaders of Hebei Xinhai Holding Group visited Singapore to inspect Xingao Energy Company
On July 24, Hebei Xinhai Holdings Chairman Zhan Guohai, President Liu Fulu, Vice President Zhang Zhanjing and other company leaders went to Singapore to inspect Xingao Energy Company.
Xingao Energy Company is a subsidiary of Hebei Xinhai Holdings. It officially operated in March 2019. In just 4 months, it has completed many tasks such as team formation, bank credit, futures business execution, and counterparty registration. It has taken a solid first step in the group's internationalization strategy.
At present, it has completed the registration with internationally renowned energy companies such as Petrobras, Norwegian Petroleum, British Petroleum, Total of France, Exxon Mobil of the United States, Spanish Petroleum, Woodside of Australia, Mitsui & Co. of Japan, and Mitsubishi Trading Company of Japan. As the first bulk oil trading company based overseas in Hebei Province, Xingao Energy is not afraid of challenges and provides suggestions for the stable supply of raw materials and resource optimization of the group's production. Xingao Energy is actively contacting overseas financing banks, actively expanding overseas financing credit channels, and has obtained credit lines from Bank of China, Industrial and Commercial Bank of China, and OCBC Bank Singapore Branch.
The leaders of the group very much recognize the phased achievements of Xingao Energy, and require Xingao Energy to take risk control as the first priority in the future, continue to improve the company's management system, strengthen communication and exchanges at home and abroad, learn the advanced concepts of various companies, and emphasize in the international market. Reputation, cooperation, promotion of trade and entities complement each other and develop together, and become an excellent new force for the group's development and integration with the international market.