Will petrochemical oil service close down?

Petrochemical oil service will not go bankrupt. According to the listing rules of Shanghai Stock Exchange, listed companies will face delisting risk warning for two consecutive years, and will be suspended from listing for three consecutive years. Three subsidiaries of China Petrochemical Petroleum Engineering Construction Co., Ltd., a wholly-owned subsidiary, signed a general contract with Shengli Oilfield Company of China Petrochemical Co., Ltd. for BEPC project of Dongying crude oil depot relocation project in Shengli Oilfield, with a contract amount of 65.438+34 billion yuan (including tax), accounting for 654.33% of the company's operating income in 2020 under China accounting standards.