Heshun Petroleum accelerates the expansion of sites in and out of Hunan Province

Original title: “Family has "Yuliang" mergers and acquisitions, and Heshun Petroleum accelerates the expansion of sites inside and outside the province

Original source: Securities Daily

Reporter: He Wenying

"The company has been focusing on its main business and taking chain operation as its development direction.

According to the plan, Heshun Petroleum plans to add 200 gas station sites within 5 years, and the goal in 2021 is to reach 80.

Abundant cash flow

Support rapid expansion

The soldiers and horses have not moved the grain and grass first, and the "supplement of grain" with affluent families is the biggest confidence to support the rapid expansion of Heshun Oil.

The 2020 annual report shows that as of the end of 2020, the company's monetary capital was 801 million yuan, an increase of 259.

"The company's interest-bearing liabilities are 0, and the cash flow is relatively abundant.

With strong funds as the backing, Heshun Petroleum's expansion plan is proceeding step by step.

　　In response to the above actions, Zhao Zhong said: "The company will rely on these branches outside the province to gradually expand gas station sites, and the next step is to open Henan and Jiangsu branches.

　　According to reports, Heshun Petroleum also plans to conduct extensive cooperation with other scattered social sites through its subsidiaries in Guangdong and Sichuan.

　　Diversified payment models

　　Increase customer stickiness

　　While the pace of expansion is accelerating, Heshun Petroleum is also comprehensively improving the quality of its sites and member services to further increase customer stickiness.

　　The 2020 annual report shows that the current number of Heshun Petroleum members has reached 1.

　　In addition to providing basic services such as refueling, the Heshun Petroleum site also launched service activities such as "Free breakfast for refueling from 7 am to 9 am" and "Free car wash for members refueling".

　　Heshun Petroleum's Internet platform also provides data support for further increasing customer stickiness.

　　Regarding the expansion flexibility of Heshun Petroleum's scale and the improvement of brand benefits, Cinda Securities analyst Chen Shuxian gave a high evaluation in the research report, "The company's gas station scale continues to expand, and the brand chain advantage is further consolidated.