What is the treatment of Chengde Jiangzuan Petroleum Machinery Co., Ltd.?
Chengde Jiangzuan is a subsidiary of Sinopec and belongs to Jianghan Oilfield. The enterprise has a long history and a good foundation. All his employees were bought out and rehired. They are not really state-owned enterprises. The subordinate relationship between employees and enterprises is contractual, but since last year, all kinds of insurance have been given to employees. His economic benefits are not bad, but recently, affected by the economic crisis, many production contracts are gone, and some employees have holidays.