Since the beginning of this year, Qingdao Petrochemical has strictly implemented the production and marketing arrangement of the group company and continuously optimized the product structure. In January, various economic indicators were good, among which high value-added propylene products accounted for 2.43%, an increase of 11.74% over the same period last year. The product structure continued to improve. In February, the output of high value-added propylene products maintained growth.

The company actively implements the requirements of ""oil conversion"" and ""oil to special"" of the group company, focuses on the goal requirements of improving the quality of production and operation, adheres to the market-oriented and efficiency as the center, identifies the entry point and breakthrough point of creating efficiency and increasing efficiency, and makes two-way efforts to adjust the structure and reduce costs. Strengthen the crude oil market research and judgment, formulate production and operation plans under different crude oil prices in advance, reduce the risk caused by oil price fluctuations, and lock profits through a variety of ways. We will tap potential and increase efficiency, strictly control the quantity of finished products in stock, strive to achieve full production and full sales, optimize production and fund operation, and continue to accelerate the pace of high-quality development.