On December 18, 2012, the largest oil production and sales base in southwestern China, China Petroleum & Chemical Lubricant Chongqing Branch, relocated and expanded the project, and formally laid the foundation for the construction of Zone B in Daqiaokou District, Chongqing. The commencement of the construction of this project marks that Great Wall Lubricants has entered the fast-track strategy for creating a market strategy for the Western Great Wall, which will greatly enhance the equipment level and technical capabilities of the lubricant industry in Southwest China.

It is understood that Sinopec Lubricating Oil Chongqing Branch’s relocation and expansion project will be built by Sinopec Corp. with a total investment of 700 million yuan, covering an area of ​​approximately 350 acres. The project will focus on the production of high-grade mineral lubricating oils and synthetic lubricating oils. The construction period will be two years. It has completed 215,000 tons and an output value of 3 billion yuan. It is planned to be completed in 2014. After the second phase of expansion, the production capacity will exceed 300,000 tons/year, and the output value will reach 5 billion yuan.

In recent years, Sinopec Lubricant Company has continuously promoted domestic capacity building and overseas market layout in accordance with the development goals of “high-tech, high-quality, and internationalization”. It has completed the renovation of the lubricant production bases in East China and Central China and the grease base in Tianjin. The upgrade has greatly improved the supply capacity of high-grade grease. South China and Singapore-based production bases around the world are also under construction. The Singapore plant will be completed and put into operation in the first half of next year.

Jiang Yunde, deputy general manager of Sinopec Lubricants Co., Ltd., said during the foundation laying of the Chongqing project that the relocation and expansion project is a strategic investment project of Sinopec Lubricants and will use world-class lubricant production equipment and advanced technology. After the project construction, it will become the production center, sales center and service center of Great Wall Lubricants in the southwest region, fully meet the market demand for high-end lubricants in the southwest region, and at the same time become the largest and most complete variety of special synthetic lubricants production base in the country. To meet the lubrication needs of high-end equipment.

Chongqing is the only municipality directly under the central government in the western region, and is also a famous industrial center in southwest China. It has a strong market radiation power for the southwest region. Song Yunchang, general manager of Sinopec Lubricants Company, stated that it is precisely based on Chongqing's favorable geographical advantages and development environment that Sinopec Lubricants invested in Chongqing to upgrade its production capacity, intending to capitalize on Chongqing’s market traction in the western region, and consolidate and enhance the Great Wall brand. The market share of the southwestern market achieves sustainable development in the southwestern market.

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