Geo-jade Petroleum Corporation" was renamed from the original company ‘Hainan Zhenghe Group Co.ltd’. The Company was founded in Aug 1984, which was one of the first pilot enterprises in Hainan Province to launch public offering of stocks. The Company's stock (600759.SH) started to be traded on the Shanghai StockExchange on October 8, 1996.
Company's main business has been transited from real estate, lease service and trading into oil and gas exploration and development. Based on China’s current oil supply and demand status and national strategy of encourages for various enterprises to implement "Go Global" strategy, as well as national policy and guidelines of encourages for various capital to invest into oil and gas exploration and development areas, the Company’s business development direction will concentrate in oil exploration and development, meanwhile actively invest in oil and gas logistics and downstream businesses, based on the development vision of "international independent oil and gas company originated from China ", the company promote "encourage team spirit, reward excellent performance, attract top talent, and control risk factors" as enterprise’s culture and core values, the Company strive to create sustainable value for shareholders, Employees and communities.
