Headquartered in Zhangjiagang, a famous new port industrial city in the lower reaches of Yangtze River, Jiangsu CNOOC Taifu Petroleum Group (CNOOC Taifu Group) is a comprehensive group enterprise specializing in petroleum products sales, warehousing and terminal handling, bonded oil supply for ships, water and land transportation, bonded storage of oil products and chemicals, water and land gas stations, property development, international hotels and so on.
As the largest private oil enterprise in the same industry in East China, CNOOC Taifu, after more than 30 years of continuous development, now has 8 holding companies including Jiangsu CNOOC Taifu Petroleum Group Limited, Jiangsu CNOOC Taifu (Hong Kong) Trading Company Limited, CNOOC Taifu Ship Fuel Company Limited, Zhangjiagang CNOOC Taifu Transportation Company Limited, Zhangjiagang Taifu Petroleum Storage Company Limited, Zhangjiagang CNOOC Taifu Real Estate Development Company Limited, Zhangjiagang CNOOC Taifu International Hotel Company Limited, and Zhejiang Free Trade Zone CNOOC Taifu Ship Fuel Company Limited.
It has a comprehensive oil depot with a total storage capacity of 195,000 cubic meters of refined oil, fuel oil and chemical products and one 30,000-ton and 50,000-ton wharf each, which has become a petrochemical storage and transportation base with large storage capacity, strong throughput capability, advanced facilities and complete support in the region.
The main businesses of the company include retailing of gas stations, operation of oil depots, supply of bonded oil for ship fuel, ship transportation, wholesale of refined oil products, real estate development and hotel services. The company always strives to expand the oil industry chain and grow stronger in the oil industry, and in recent years has been actively expanding the business real estate and other service industries. At present, the company builds Taifu International Building at the west head of the new coach station in Zhangjiagang as the headquarters of the company, and makes the building into a comprehensive business building integrating five-star hotel, office and business, which becomes a landmark in the southeast of Zhangjiagang.
The company has more than 1,000 employees, of which professional and technical personnel account for 50% of the total number; fixed assets of more than 2 billion yuan, including 21 water and land gas stations, 2 oil depots, 16 tanker trucks and 6 transport vessels (about 5,700 tonnage). The comprehensive economic strength ranks the top among similar enterprises in Jiangsu Province. CNOOC Taifu insists on the business philosophy of treating people with sincerity and credit, and always achieves internal quality and external image. The company has passed ISO9001:2000 quality system certification and has been rated as AAA grade credit enterprise by authoritative evaluation agencies for many years. Chairman Hu Yuxing is the executive vice president of the Petroleum Distribution Committee of China Business Federation and the executive vice president of the Petroleum Industry Chamber of Commerce of Jiangsu Province.
Facing the new century, CNOOC Taifu will aim at the advanced level of the domestic petroleum industry, devote itself to the progress of social civilization as always, further expand and strengthen the enterprise, and strive to provide cleaner, more reliable and high-quality energy guarantee for regional economic development. The Group has 18 onshore gas stations and 1 CNG refueling station. In 2014, it opened a gas station franchise cooperation model with CNOOC, one of the three giants in the oil products industry in China. CNOOC has established stable sales channels and expanded its brand influence in the Jiangsu market by exporting its brand and management; CNOOC Taifu has introduced high-quality brand and management to obtain stable refined oil resources, and promoted the growth of single-station refueling volume and efficiency of gas stations by improving management and service. The company has created a new cooperation model that organically combines top brands and high-quality assets in the domestic refined oil industry.