Rike Energy Group is an enterprise group formed by Ningxia Rike Chemical Co., Ltd. as the core parent company. It was incorporated on May 20, 2015. The company is located on the east side of Qing'an Avenue, Taishan Development Zone, Wuzhong City, and on the north of South Second Ring Road. On the other hand, it is currently the leader of Ningxia private enterprises and the largest private chemical enterprise in Wuzhong City. There are about 860 employees, including 10 senior engineers, 18 engineers, 45 technicians, and nearly 750 operators. The average age is 29 years old, and 70% of the staff have college education or above. At present, the group has formed a one-time processing scale of 3.6 million tons of raw material blending, adsorption of residual carbon in full-distillate desulfurization and full-sulfur hydrogenation, comprehensive utilization of light hydrocarbons, storage, transportation, and comprehensive utilization of waste oil. The main products are light hydrocarbons, heavy Hydrocarbon, alkylated oil and refined propylene product gas. Involved in product development, production, sales, storage, trade, equipment manufacturing, environmental protection, transportation and other sectors. The products are sold to more than 20 provinces and autonomous regions including Shaanxi, Gansu, Ningxia, Mongolia, Yun, Gui, and Sichuan. The group includes Ningxia Ruike Chemical Co., Ltd., Ningxia Baoyu Transportation Co., Ltd., Ningxia Baozhongbang Chemical Co., Ltd., and Ningxia Baozhongxiang Petrochemical Storage Co., Ltd., Ningxia Baoruilong Petrochemical Co., Ltd., the group's assets so far are nearly 10 billion yuan. The company has matching apartment buildings, kindergartens, elementary schools, staff commuting, free board and lodging, and transportation.