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Shandong Jingbo Petrochemical Co., Ltd. (hereinafter referred to as "Jingbo Petrochemical") is located in the Economic Development Zone of Boxing County, Binzhou City, Shandong Province. It is a large private enterprise with petrochemical industry as its main business, integrating petroleum refining and subsequent deep processing. Jingbo Petrochemical covers an area of over 4000 acres, with a comprehensive processing capacity of over 18 million tons/year. Its predecessor was Boxing County Lubricating Oil Factory, which was established in 1991; In 1998, it was established to focus on petrochemical industry and pursue a path of diversified development; In 2000, the enterprise was restructured from a state-owned enterprise to a private enterprise, establishing a corporate culture centered on "benevolence and filial piety"; In 2013, a research and development center was established with an investment of 200 million yuan, and its technological innovation strength ranks at the advanced level in the petrochemical industry. The Jingbo petrochemical industry involves three major sectors: high-efficiency fuels, high-end chemicals, and high-performance materials. Among them, gasoline for vehicles has reached the national standard of VIB six years in advance, and diesel for vehicles has upgraded to the national VI standard two years in advance. It is the first enterprise in China to implement the clean gasoline standard, and "Qingzhi Fuel" has been rated as an international advanced level. Shandong Jingbo Petrochemical Co., Ltd.'s main business is divided into two categories: oil products and chemical products. At present, the company has implemented an ERP system in internal procurement, sales, inventory, finance, and other aspects.

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