April 26, 2024

Shenzhen Petrochemical Exchange Listing Ceremony and Investment Promotion Conference

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China Drying Network News On August 5th, Shenzhen Petrochemical Exchange's listing ceremony and investment promotion meeting were held locally. Shenzhen Petrochemical Exchange and the first batch of member companies and financial institution representatives signed a cooperation agreement at the ceremony. Hua Jianmin, vice chairman of the Standing Committee of the National People's Congress, attended the ceremony. The exchange implements spot trading, with listed trading and agreement trading as the main trading methods, and takes the domestic and international demand for crude oil, refined oil, fuel oil, natural gas and liquefied petroleum gas and related petrochemical products as the main trading products. After the exchange is listed, it will make full use of advantages such as convenient location of Shenzhen-Hong Kong in Qianhai New District, tax incentives and supporting logistics services, and conduct extensive and in-depth cooperation with petrochemical enterprises with strong strength and industry influence at home and abroad. Realize annual turnover of more than 500 billion yuan.

The Shenzhen Petrochemical Exchange was established in September 2011 and is the first batch of units and key projects for advancement in Qianhai Modern Service Cooperation Area. The exchange is committed to building an international electronic service platform that integrates product pricing centers, trading centers, information centers, financial centers, and supply chain management centers for the entire country and for radiation, providing high-quality and high-quality specialization for petrochemical companies. Comprehensive trading services.

At present, the exchange has received the support of domestic petrochemical central enterprises and large oil trading companies, and has signed strategic cooperation agreements with more than a dozen banks, and has obtained bank credit limits of nearly 100 billion yuan. In the future, the Exchange will actively introduce domestic banks, international financial institutions, international petrochemical fund organizations, risk investment institutions, and intermediary consulting service agencies to settle in Qianhai to create a Qianhai international petrochemical trading financial industry cluster.

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