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Andatee China Marine Fuel

Logo: amcon.com3

Chinese fuel company

Andatee China Marine Fuel Service Corporation is a marine fuel wholesale and retail company that is based in Dalian, China. The company sells oil fuel products mainly to one municipality directly under the central government and four big provinces in the Northeast and East of China, namely Tianjin, Liaoning, Shandong, Jiangsu and Zhejiang.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

2009Founded1

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Andatee China Marine Fuel image from its website
Image: amcon.com3

Andatee China Marine Fuel Service Corporation is a marine fuel wholesale and retail company that is based in Dalian, China. The company sells oil fuel products mainly to one municipality directly under the central government and four big provinces in the Northeast and East of China, namely Tianjin, Liaoning, Shandong, Jiangsu and Zhejiang. The company has subsidiaries including Goodwill Rich International Limited, Dalian Fusheng Petrochemical Company ("Fusheng"), Fusheng's variable interest entity, and Xing Yuan. The company's subsidiary, Xing Yuan, founded in 2001, is a joint-venture with the Dalian subsidiary of CPC Corp. (China Petroleum and Chemical Corporation), which is the largest petroleum company in China.2

How it started

History

The company was incorporated in July 2009 and one month later it acquired Goodwill Rich, a company in HongKong, as its wholly owned subsidiary. In March of the same year, Goodwill created a subsidiary named Fusheng Consulting Company in Dalian.

Xing Yuan, another subsidiary of the company, was founded in September 2001. In March 2009, the committee of the company reached an agreement that Goodwill Rich was entitled to the operations and benefits of Xing Yuan and its subsidiaries.

The company completed initial public offering on NASDAQ in January 2010.

From Wikipedia’s article on Andatee China Marine Fuel, shared under CC BY-SA 4.0.2

Timeline

  1. 2009Founded Founded1

Sources

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