Beijing (JLC), November 22, 2021--JLC Network Technology Co. Ltd (JLC) has attracted ever-more investment from a state-owned company, laying a solid foundation for new development.

Beijing Huahan Enterprise Management Co. Ltd (Huahan), a subsidiary of state-owned Xinjiang Investment Development (Group) Co. Ltd (Xinjiang Investment), signed an investment contract in Beijing on November 19. With the contract, Huahan will fund JLC and start an in-depth cooperation with JLC in bulk commodity services by taking advantage of respective resources. Representatives from JLC and Huahan witnessed this historic moment for both companies. 

Xinjiang Investment is a large industrial service provider that is establishing an interpenetrated business system covering industry investment, comprehensive commodity circulation and asset management. The company mainly serves and invests in oil, natural gas, chemical and new energy sectors across more than 10 provinces and cities by its arms located in Beijing, Shanghai, Shenzhen, Urumchi and Qidong.

The newly-reached cooperation will not only enable JLC to access a large capital but also resources operated by Xintouhuaying Petrochemical (Shenzhen) Co. Ltd, another subsidiary of Xinjiang Investment. It is believed that Huaying will enable JLC to supply better products and services for its customers in the bulk commodity market, helping the customers to create more values and avoid risks.

With the investment, JLC will boost its investments in attracting talents, upgrading products, services, facilities and software. That will allow JLC to provide its customers with better products and service, together with advantages in customer resources, powerful partners and rich trading service experiences accumulated over the past nearly 20 years.