Ningbo Grand International Trading Co., Ltd. (“Ningbo Grand”) is a subsidiary specialized in the supply chain management of plastic chemical products of Grand Resources Group(G.R.G) with a registered capital of 50 million yuan. Guided by Grand Resources’ strategic concept of “group management and specialized operation”, it was established based on the original Plastics Business Division on March 27, 2000. In 2022, the sales revenue reached 7.1 billion yuan.

The Company sticks to the operation principle of “taking industrial channel as the foundation, customer service as the core, research and transaction as the driving force, and risk management as the guarantee”. We currently mainly sells many plastic chemical products such as polypropylene (PP drawing, injection molding, copolymerization), polyethylene (LDPE, HDPE, LLDPE), hard rubber (ABS, PS), PVC, rubber and plastic elastomers (SBS, SEBS) and ethylene glycol. After more than 20 years of product distribution and channel service, we have upgraded from a traditional single plastic distribution merchant to a petrochemical supply chain manager which connects the upstream and downstream industrial chain and integrates spot channels, information research and investment transactions.

We’re rooted in the industry, and our upstream and downstream channels are stable and smooth. In the upstream channels, we have established long-term and stable strategic cooperative relationship with world-renowned suppliers such as Aramco, Dow, Mitsubishi, Formosa Plastics, Taiwan Rubber and other domestically top suppliers such as Sinopec, PetroChina, CNOOC, Shenhua and Ningxia Coal. Taking terminal distribution as the core, in the downstream channels, factory direct-selling proportion is over 60%, and we have had trade contacts with a total of more than 15,000 downstream customers, covering all major regions in the country with the Yangtze River Delta and the Pearl River Delta as the core. In order to better expand and consolidate the purchase and sale channels, we have subsidiaries to serve local customers in the South China.

Based on the consolidation of spot channels and the service of industry customers, we have also established a complete research system of chemical industrial chains. The research products include the material energy products such as upstream raw petroleum, naphtha and natural gas. The midstream includes olefin polymers and related parallel products sold in the main business and classified research of major downstream industries. We will expand our research to the global market from China, understand the industry dynamics and conduct analysis and research on a larger scale to seek opportunities for hedging, arbitrage and allocation between the upstream and downstream main products in different regions and markets.

We also constantly adjust and upgrade our management. On the one hand, we form a team of adjusting the business and modularize the promotion of business development through the business model integrating spot channels, research information and strategic transactions according to the relevance of varieties in the industrial chains. On the other hand, we motivate the team, effectively prevent risks and realize the cooperation and sharing of internal resources through the clear corresponding responsibility, open performance assessment, strict risk and position management system, internal key post connection and key information sharing.

As a petrochemical supply chain manager with plastic products as its core, Grand Petrochemical adheres to the corporate mission of “creating value for you”. By virtue of stable sales channels and professional and diversified product structure, we provide our value and services for the upstream and downstream industrial chains and related third-party customers through various forms such as re-export, import, domestic distribution, futures hedging, pricing, basis trade and industrial chain variety hedge configuration and derivative services such as entrustment of an agent, information consultation, supply chain finance, logistics optimization, price and inventory management, and continue to make efforts to become the industry-leading “petrochemical supply chain manager” with the concept of complementary resources, cooperation and sharing!