---
title: "China National Petroleum Corporation and LUYIN INVEST establish a new energy development company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255105270.md"
description: "According to the Qichacha APP, recently, China Petroleum Energy Development Co., Ltd. was established with a registered capital of 92 million yuan. Its business scope includes petroleum and natural gas technology services; energy storage technology services; engineering technology services, etc. Qichacha's equity penetration shows that the company is jointly held by China National Petroleum Corporation's wholly-owned subsidiary, China Petroleum Group Storage Company, and LUYIN INVEST"
datetime: "2025-08-29T01:51:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255105270.md)
  - [en](https://longbridge.com/en/news/255105270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255105270.md)
generator: "portal-rs"
---

# China National Petroleum Corporation and LUYIN INVEST establish a new energy development company

According to the Qichacha APP, recently, China Petroleum Energy Development Co., Ltd. was established with a registered capital of 92 million yuan. Its business scope includes petroleum and natural gas technology services; energy storage technology services; engineering technology services, etc. Qichacha's equity penetration shows that the company is jointly held by China National Petroleum Corporation's wholly-owned subsidiary, China Petroleum Group Storage Company, and LUYIN INVEST

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**