Xinjiang Xinjie Petroleum Co., Ltd.
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Xinjiang Xinjie Petroleum Co., Ltd. - overview
Established
2017
Location
Urumqi, Xinjiang, China
Primary Industry
Oil & Gas
About
Founded in 2017 and based in Urumqi, China, Xinjiang Xinjie Petroleum Co. , Ltd. specializes in the trading and distribution of petroleum products across the Xinjiang region. The company operates under regulatory approval for handling and retailing refined oil products.
In October 2025, CNPC Assets Management announced to fully acquired the company for CNY 13. 5 million. The company provides wholesale and retail services for refined oil and energy products, including gasoline, diesel, and kerosene, as well as methane-rich natural gas and liquefied petroleum gas. The company generates revenue primarily through the wholesale and retail sale of refined oil and gas products, complemented by revenue from ancillary product sales at branch outlets.
Current Investors
CNPC Assets Management
Primary Industry
Oil & Gas
Sub Industries
Retail, Petroleum Wholesale Distribution
Total Amount Raised
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Xinjiang Xinjie Petroleum Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Xinjiang Xinjie Petroleum Co., Ltd. | - |
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