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Two Subsidiaries of Sinopec Beijing Petroleum Settled in the District

  On February 21, 2013, the construction and management bureau of the East Second Ring Road, in conjunction with Donghuashi streets, visited Sinopec group Beijing Petroleum Office, knowing about the specific progress of the group’s newly established companies. Recently Sinopec Beiran Clean Energy Technology Co., Ltd. and Beijing Sinopec Capital Highway Development Group Enterprise Management Co., Ltd. have been established in succession, respectively with registered capital of 98 million yuan and 24 million yuan, showing the new achievements in the development of high-end services along East Second Ring.
  Sinopec Beiran Clean Energy Technology Co., Ltd. is the joint venture company equally invested by Sinopec Beijing Petroleum and Beijing Gas Group targeting at building LNG filling stations and promoting LNG clean energy buses, taxis, which is sure to have broad prospects. Beijing Sinopec Capital Highway Development Group Enterprise Management Co., Ltd is also the joint venture company, funded 60% by Sinopec group Beijing Petroleum and 40% by Capital Highway Development Group, dedicating to large-scale construction of gas station along highways and later operation.
  Previously located in Fengtai District, the two companies moved in Dongcheng district due to the great concern of the former district leaders and the efforts of related departments. The construction and management bureau of the East Second Ring Road, Donghuashi streets, production and promotion Bureau and other relevant departments visited the two companies in Fengtai over and over again, explaining to them preferential policies and finally convinced them. In the future, the construction and management bureau of the East Second Ring Road will continue to focus on the latest developments of the enterprise and promote the economic development with the pragmatic work.