Websites of subsidiaries
- Ya Sheng
Refined Oil Trade
Min Hai Group has diversified and stable oil procurement channels. We have established professional quality management teams that adhere to the quality monitoring of the oil input, storage, and distribution to ensure the high quality of oil supply. An independent third-party quality supervision on suppliers is introduced to better meet customer needs. Min Hai Group has been engaged in trade activities of refined oil with large state-owned petrochemical enterprises such as Sinopec, PetroChina, CNOOC, and Sinochem for many years, covering coastal provinces such as Fujian, Guangdong, Guangxi, Zhejiang, Jiangsu, and Hunan, and expanding to regions such as the Yangtze River Delta and other regions. The annual sales volume of refined oil products has exceeded 1 million tons for six consecutive years, with over 2 million tons in 2015 and 2016, reaching a rapid growth. The sales volume exceeded 3 million tons in 2017 and 2018, and the trade volume of refined oil products exceeded CNY 30 billion in 2019 and 2020.
Min Hai Group has become a well-known market leader in China with excellent products, customer-centered services, and efficient marketing strategies.
Starting from the source, Min Hai Group selects well-known refineries in China as suppliers and collaborates with international third-party testing institutions such as China Certification & Inspection Group (CCIC) and Societe Generale de Surveillance (SGS) to conduct the highest standard quality inspections on each batch of oil products, ensuring that the quality of the oil products meets national standards (detailed standards can be downloaded below), as well as outsourcing standards for industry leaders. We have built a closer cooperation relationship with Sinopec, China National Petroleum Corporation, China National Chemical Corporation, and China National Offshore Oil Corporation for many years.