Puyang Xinyu petrochemical Industry Co.,Ltd (hereinafter referred to as: Xinyu petrochemical) was established in 2002, is located in Puyang economic and Technological Development Zone Industrial Park, is to rely on large-scale petrochemical enterprise development of ethylene by-product comprehensive utilization of joint-stock private enterprise, the company registered capital of 10 million yuan, covering an area of 4.6 million square meters, with an annual output of 5 million tons of ethylene by-product extraction separation device, an annual output of 2 million tons of C5 petroleum resin plant, 3 million tons of isopentane separation device and 2 million cubic meters of liquid storage tanks. Existing Lanzhou Boland Petrochemical Co., Ltd., Puyang City Yu Cheng Defu Petrochemical Co., Ltd., Pu spring Catering Service Co., Ltd. three subsidiaries, and the world 500 strong enterprises in Henan coal chemical industry group Zhongyuan Dahua Company Henan Lianxin chemical limited liability company, in 2011 stake in Puyang bank. Yuxin Petrochemical was established 10 years, adhere to scientific development of national industry and plans to walk the road of common prosperity, take the society, with the society "for the company mission, with the market oriented, business integrity, pragmatic innovation, efforts to enhance the economic benefits at the same time, the harvest of good social benefits: is included in the municipal government for the city six quasi listed companies, the city's four little giant enterprises, focusing on support one of the enterprise; 2012 by Sinopec Central Branch awarded" AAA client ", and established the strategic partnership between the two sides.