China-Base Ningbo Group Co.,Ltd (CBNB), founded in 1985, has 79 wholly-owned subsidiaries and holding companies, with an annual turnover of 148.165 billion yuan and an annual import and export volume of 6.0 billion US dollars. It is one of the top 500 enterprises in China. Now it has been innovatively transformed into a new foreign trade enterprise group integrating internationalization, financialization and industrialization, spanning domestic and foreign trade, international freight, international bidding, automobile marketing and other industries. In bulk commodity trade, through innovation and transformation, China-Base Ningbo Group Co.,Ltd (CBNB) has established a business model that combines industry and trade, futures and currents, and goes deep into the industrial chain.

China Base Petrochemical Co., Ltd. (CBPC), founded in April 2018 with a registered capital of 150 million yuan, is a holding subsidiary of China-Base Ningbo Group Co.,Ltd (CBNB). CBPC is mainly engaged inpolypropylene (drawing, copolymerization, fiber, injection molding, CPP, transparent, pipeline, etc.), polyethylene (LD, HD injection molding, HD film, HD hollow, LLD, HD pipe, etc.), hard plastic (ABS, PS), energy chemical products and agricultural products such as PVC, methanol, ethylene glycol, rubber, pulp, asphalt, fuel oil, LPG, etc. The total turnover in 2018 was 6.3 billion yuan; the total turnover in 2019 was 11.2 billion yuan, and the overall sales scale was nearly 2 million tons; the total turnover in 2020 further increased to 13 billion yuan; In 2021, the total annual turnover was as high as 19.5 billion yuan, and the total sales volume exceeded 2.5 million tons; and the total turnover in 2022 even made greater progress, which had reached a higher level to 20.9 billion yuan, and the total sales volume exceeded 2.99 million tons;The total turnover in 2023 was 22.0 billion yuan.The company’s existing team is mature and expanding. Under the guidance of the strategic development goal of “managing the new and seeking the changes, as well as management transformation and upgrading”, CBPC is determined to transform and upgrade from a pure trader to a petrochemical supply chain manager that connects the upstream and downstream of the industrial chain, integrating information research, spot channels and trading strategies.