- Business
- Xinjiang International Industry Co., Ltd. (000159.SZ) engages primarily in the wholesale of refined oil and chemical products; tank storage services; special railroad line transportation; and manufacturing of energy-related equipment including angle steel towers, steel pipe poles, photovoltaic brackets, and power transmission structures. The company operates through three core business clusters--intelligent manufacturing, warehousing and logistics, and trade--with a focus on oil refining, storage, transportation, petrochemicals such as styrene, ethylene glycol, pure benzene, and diethylene glycol; biodiesel production; real estate development; international trade in coke and fuel oil; and small loan services, primarily targeting industrial and energy sector customers in China. Founded in 1999 and headquartered in Urumqi, Xinjiang, China, the company employs around 648 people and maintains 22.8 million cubic meters of hazardous chemical storage capacity, six dedicated rail lines, and 55 patents as of 2024, with its wholly-owned subsidiary Jiangsu Zhongda Pole Tower Technology Development Co., Ltd. recognized as one of China's top three power tower manufacturers. In September 2025, Xinjiang International Industry signed a share subscription agreement with Xinjiang Rongneng Investment Development Co., Ltd. to issue up to 144.2 million A shares at CNY 4.59 per share, aiming to raise approximately CNY 662 million for working capital replenishment, subject to shareholder and regulatory approvals.