Sinopec and others have established a petrochemical energy company.

According to the QiChaCha app, recently, Jiangsu Huaidong Petrochemical Energy Co., Ltd. was established, with David Wei as the legal representative and a registered capital of 17 million yuan. Its business scope includes lubricating oil sales, daily necessities sales, centralized fast charging stations, health food sales, motor vehicle repair and maintenance, and car wash services. The equity penetration of QiChaCha shows that the company is jointly held by China Petrochemical Corporation's Sinopec Sales Co., Ltd. and others.