Since its establishment in 2003, Baota Petrochemical Group has developed into its core parent company (Ningxia Baota Petrochemical Group Co., Ltd.), wholly-owned subsidiaries, holding companies and overseas institutions, and 29 legal entities such as Yinchuan University, Baota Petrochemical Design Institute, Baota Petrochemical Applied Technology Research Institute and Ningxia Baota United Chemical Company. Sun, the legal representative of the enterprise, is headquartered in Yinchuan, Ningxia, China.