Zhejiang Petrochemical will not become a state-owned enterprise. When it was established, it was positioned as a mixed-ownership enterprise in which private enterprises and state-owned enterprises participated together. This form of mixed ownership can give full play to the advantages of enterprises with different ownership and improve market competitiveness.

At the same time, Zhejiang Petrochemical's management team and employees are mainly private enterprises, and the stability of this management team and employees is very important for the long-term development of the enterprise.