Sinopec’s shareholder’s money has to give shareholders high returns. We take the bank’s money to repay the principal and interest. If our company does not have profits, this company can support this year, can support it next year, and completely shut down the following year. This close does not affect one company but affects one industry.
At present, our economic scale can only maintain the simple reproduction of enterprises. The opinion of everyone is the price of oil, but it is not clear to everyone that 80% of the oil we make is bought from the international market.
Government in order to make the whole community CPI is relatively low, controlled prices of refined oil, but more experience to rise much less drop, drop once immediately supply. This is because as the price rises, it should go up by 10 yuan. The government says that it has risen by 2 yuan. It seems that there are many times. Even the chance for the first rise has not arrived yet, so if you drop it, you say that you are falling slowly.
20% of our country's refinery product oil comes from local refineries or private enterprises. The loss of private enterprises, how it re-production, so it had to stop production or change. We need to increase production to make up for this 20%. We have consumed inventory in the long-term price increase process and are now very urgent. Inventory is less than ten days old. In this respect, I believe that the government is clearer than us. The only thing is that we do not tell the people about it.
At present, our economic scale can only maintain the simple reproduction of enterprises. The opinion of everyone is the price of oil, but it is not clear to everyone that 80% of the oil we make is bought from the international market.
Government in order to make the whole community CPI is relatively low, controlled prices of refined oil, but more experience to rise much less drop, drop once immediately supply. This is because as the price rises, it should go up by 10 yuan. The government says that it has risen by 2 yuan. It seems that there are many times. Even the chance for the first rise has not arrived yet, so if you drop it, you say that you are falling slowly.
20% of our country's refinery product oil comes from local refineries or private enterprises. The loss of private enterprises, how it re-production, so it had to stop production or change. We need to increase production to make up for this 20%. We have consumed inventory in the long-term price increase process and are now very urgent. Inventory is less than ten days old. In this respect, I believe that the government is clearer than us. The only thing is that we do not tell the people about it.
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