Since establishment, CPPG has made significant achievements in petroleum business. Presently, CPPG have 5 subsidiaries in China, including Ningxia Lanxing Petroleum Group Limited (NXLX), Jinzhou Lanxing Petroleum Group Limited (JZLX), Dalian Lanxing Petroleum Limited Company (DLLX), Tian Yuan Ji Tong Petroleum Products (TianJin) Ltd. (TYJT), China Peace Petroleum Group Limited (Hong Kong).
GPPG made acquisitions of NXLX and JZLX for the purpose of expanding business in oil production and processing. As one of the largest oil enterprise, NXLX has two exclusive railway lines for product transportation. The capacity of oil storage tank reaches to 500 thousand cubic meters. The refinery and gas stations can meet the marketing demands in surrounding areas. The former of JZLX was a successful refinery. The capacity of petroleum and petrochemical products amounts to 3 million tons per year. As CPPG’s major trading subsidiary. CPPG’s subsidiaries in Hong Kong can take advantage of Hong Kong's generous tax policies, which in turn, will facilitate CPPG’s business operation in China mainland.
List Oil & Energy, as part of List International Group specializes in oil and petroleum products trades. List Oil & Energy merges our extensive high level contacts in the China oil industry with partners in Middle Eastern and Russian supply networks. With this group of companies/partners LIST has completed multi-million dollar oil transactions and has recently expanded its international team of oil traders in China.