Shandong Changyi Petrochemical Co Ltd won the 3A certificate from a local credit rating agency based in Shandong province in East China.
The provincial enterprise credit rating office and the provincial entrepreneurs association rated the company as AAA, due to its core capabilities, economic strength, capital structure, business performance, international accreditation, development prospects as well as its ratings by financial institutions along with the local industry and commerce authorities.
One of the top 500 enterprises in the domestic chemical sector, it has generated annual sales revenue of more than 10 billion yuan ($1.6 billion) since 2008.