Is Lianyungang Zhongxing Energy Co., Ltd. a state-owned enterprise?

Yes Lianyungang Zhongxing Energy Co., Ltd. is a state-owned enterprise and a state-owned capital holding company. Founded in February 20 18, the company is mainly responsible for the investment, construction and operation of public works island project in petrochemical base. Through the construction of IGCC polygeneration project on public island, it mainly meets the heat load demand of enterprises entering the park such as Sinochem International and Satellite Petrochemical.