Heilongjiang United oil chemicals co., Ltd. (hereinafter referred to as the black company) company with the Ministry of Commerce approved general non-State trading licenses of trading crude oil and fuel oil licenses of State trading, both of the oil products, fertilizers, iron ore, steel, rubber and other border trade licenses. external aid projects a class a enterprise-level implementation of the enterprise, the customs, China Minmetals import and export Chamber of Commerce Executive Director unit of petroleum branch of China Minmetals import and export Chamber of Commerce Director. the company has a registered capital of 100 million Yuan RMB.

prior to accession to the WTO, the company relies on Heilongjiang province and Russia unique geographic and cultural advantages, focused on Sino-Russian border trade, imports include crude oil, refined petroleum products, fertilizer, plastics, rubber, chemicals and other raw materials. after the accession to the WTO, the company that year from the Department of Commerce the first non-State trading of crude oil import quotas allocated 500,000 tons, State trading licenses of June 2004 from the Department of Commerce gave fuel oil, non-State trading of crude oil in August of the same year from the Department of Commerce gave licenses in January 2011, given by the Ministry of Commerce frontier trade of iron ore import qualified.2011 import products 5.1 million tons, total imports and exports 3.579 billion dollars, trade volume among the imports and Fortune 500 companies 80th place, for many years, among the top import and export enterprises in Heilongjiang province.

company generalizes to import products from the initial border trade company's progressive transformation into oil, coal, energy, raw materials, chemical fertilizers and other bulk commodities from a mine to the main business of large trade companies. establishing trade relations with internationally renowned suppliers of commodities, trade in the country related to the Middle East, North Africa, South America, Southeast Asia, Japan, South Korea, Russia and the Eastern European countries. through many years of operation, the company has established a diversity of financing channels, with dozens of foreign banks to establish cooperation in relationships, provide reliable financial guarantees for the development for the company.