Shenzhen Energy Group Co., Ltd. (SZSE:000027) signed a letter of intent to acquire 51% stake in Hangzhou Jinjiang Environment Ecological Technology Co., Ltd. from Hanyu (Beijing) Environmental Sanitation Management Co., Ltd. on December 23, 2019.
Hanyu, the Korea''s first bunkering specialist, was established as Hankook Maritime Refueling Company in 1967 and took the first step as a major national oil transporter before expanding business area by selling petroleum and land and marine lubricants.
As a parent company of Hanyu Group, Hanyu is making a leap forward to emerge as a global company by expanding business area from bunkering, shipping, oil storage, aircraft fueling, sale of jet fuel and trading to petroleum-related business.
Hanyu Energy family Starting with establishment of a local entity in China in 2010, the company installed a local subsidiary in Taiwan in 2012 in order to facilitate supply of raw materials, increase economic feasibility and enhance services while preparing a new vision as a global company.
Starting with sale and distribution of petroleum products in 1981, Hanyu Energy has gained its ground as a specialized distributor of petroleum products in diversified business areas including development and sale of industrial lubricants that serve
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