Tongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A (600506.SS) SHH

Currency In CNY

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Tongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A

Address

Building C, Furunde Building

Korla, 841000

China

Phone

86 99 6211 5912

Sector

Consumer Defensive

Industry

Agricultural Farm Products

Employees

870

First IPO Date

December 26, 2001

Key Executives

NameTitlePayYear Born
Arslan AdiriDeputy GM & Secretary of the Board01985
Tao PangDeputy General Manager01972
Peng YueDeputy GM, CFO & Director01975
Jia LiGM & Director01967
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Description

Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd. primarily focuses on the research, development, manufacturing, and distribution of lubricants throughout China. Its comprehensive range of products features oils for gasoline and diesel engines, transmission fluids, gear oils, and motorcycle oils, alongside specialized lubricants designed for construction and agricultural equipment. The company also supplies coolants and advanced lubricants specifically developed for the burgeoning new energy industry. Beyond its core lubricant business, Tongyi Carbon Neutral Energy manufactures various petroleum products and sells specialized chemical products. It offers an array of technical services, including development, consultancy, information exchange, technology transfer, and promotional activities. A significant area of its work involves the advancement of technologies for carbon emission reduction, conversion, capture, and storage, as well as the development of new material technologies. The company's operations span several other sectors, including the organization of conferences and exhibitions, providing information consulting, and managing investment and supply chains. It also has a strong presence in the digital space, engaging in internet sales, industrial internet data services, data processing and storage solutions, artificial intelligence industry application system integration, and general information system integration. Furthermore, it is involved in the promotion of new material technologies. Tongyi Carbon Neutral Energy's diverse portfolio extends to offering environmental protection consulting, sales and purchasing agency services, advertising, and corporate management consulting. Its agricultural ventures encompass the retail and wholesale of edible agricultural products, fruit and nut cultivation, cotton procurement, and trading in cotton and linen. The company additionally handles land use rights leasing and land consolidation. In the logistics and real estate domain, it provides general cargo warehousing, non-residential property leasing, and other leasing services. Established in 1999, the company, originally known as Xinjiang Korla Pear Co.,Ltd., is headquartered in Korla, China.

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