CNOOC Asphalt (Guangdong) Co., Ltd. was established in 2001, jointly funded by Yuexiang Tianyuan Group and CNOOC. It is a specialized company integrating asphalt production, processing, storage and transportation, sales and service. The company covers an area of 235 acres and is located at Baoman Wharf, Lingang Industrial Park, Xiashan District, Zhanjiang City. The company currently has a set of 800,000 tons/year asphalt lubricant production equipment, 100,000 tons/year modified asphalt equipment, and crude oil storage tanks. 70,000 m³, product storage tanks 50,000 m³, the starting platform has 10 parking spaces, 16 oil delivery cranes, and is equipped with storage and transportation, public engineering and auxiliary system facilities. The company mainly processes CNOOC Weizhou crude oil and Suizhong 36-1 Heavy heavy oil and other crude oil, the main products are heavy-duty asphalt, modified asphalt, waterproof asphalt, etc., in line with national and industry standards.