1997 10 was confirmed as a company limited by share offering by the Sichuan Economic System Reform Commission (Sichuan Economic System Reform Unit [1997] No.007) and renamed as Sichuan Masheng Chemical Co., Ltd.
1997 12 the State Council approved the establishment of Daying county, and the company was placed under the jurisdiction of Daying county.
In 2000, the state completely rectified the oil refining industry, and the company became the only local petrochemical enterprise in southwest China (approval number: SINOPEC [2000] 1095).
In June 2003, 165438+ 10, the government of Daying county transferred the state-owned equity of the company to a natural person Xu.
In May 2006, the company absorbed and merged Daying Xinying Petroleum Asphalt Co., Ltd., and the name of the merged company was still Sichuan Masheng Chemical Co., Ltd., with a total share capital of152.93 million shares.
In 2009, the company was listed in the "7+3" industrial development plan of Sichuan Province (2008-2020) and the eight major industrial adjustment and revitalization action plans of Sichuan Province (2009-20 1 1).