In April 2017, JX holdings and tonengeneral petroleum opened a new starting point for jxtg holdings through business integration.
It is expected that the business environment will be more severe, such as the structural decline of domestic fuel oil demand, intensified competition in the global market, and fluctuations in the prices of crude oil, copper and other resources.
In such a business environment, in order to fulfill the social mission of stabilizing the supply of energy and improving the value of enterprises, it is very important to further strengthen the management foundation. With the common recognition of the management, we combine the management resources and advantages of JX group and tonengeneral group to build a strong enterprise group.