Sinopec Hunan Petrochemical Co., Ltd. was established on February 28, 2020, with its registered address in Yunxi District, Yueyang City, Hunan Province. It is a state-controlled enterprise with a current crude oil refining capacity of 15 million tons per year and an annual caprolactam production capacity of 1 million tons. It is the world's largest production base for thermoplastic elastomers and caprolactam. The company primarily engages in the production and sales of petrochemical products, energy supply, environmental management, and technological development, covering areas such as refining, fine chemicals, and power and heat production.