New Silk Road Energy Holding Group Co., Ltd. is a wholly state-owned enterprise group under China Federation of supply and marketing cooperatives. The company was founded on April 28, 2014 and settled in Qingdao on January 8, 2018, with a registered capital of 200 million yuan.
  New Silk Road Group Co., Ltd. adheres to the spirit of the 19th CPC National Congress, keeps up with the strategic pace of China Federation of supply and marketing cooperatives, actively optimizes and upgrades the industrial structure, promotes economic growth, and helps transform the old and new driving forces. In the face of the new normal of economic development, New Silk Road Group actively plans transformation and upgrading, improves its operation and management ability, and carries out the national strategic layout based on the industrial economy and with an international perspective.