Sinopec Group is its legal representative. Sinopec Group executes the investor rights over related state assets owned by its full subsidiaries, controlled companies and share-holding companies. These rights include receiving returns on assets, making major decisions and appointing management teams. The Group operates, manages and supervises state assets according to related laws, and shoulders the corresponding responsibility of maintaining and increasing the value of state assets. China Petroleum and Chemical Company (Sinopec Corp.), controlled by Sinopec Group, issued H-shares and A-shares at overseas and home respectively in October 2000 and August 2001 and was listed on stock markets in Hong Kong, New York, London and Shanghai. By end 2006, Sinopec Corp. had a total of 86.7 billion shares, 75.84% of which is held by Sinopec Group, 19.35% by foreign investors and 4.81% by domestic investors.
Sinopec Group’s key business activities include: industrial investment and investment management; the exploration, production, storage and transportation (including pipeline transportation), marketing and comprehensive utilization of oil and natural gas; oil refining; the wholesale of gasoline, kerosene and diesel; the production, marketing, storage, transportation of petrochemicals and other chemical products; the design, construction and installation of petroleum and petrochemical engineering projects; the overhaul and maintenance of petroleum and petrochemical equipments; the manufacturing of electrical and mechanical equipments; the research, development, application and consulting services of technology, information and alternative energy products, the import and export of commodities and technologies both for the Group and as a proxy (with the exception of those commodities and technologies that are either banned by the State or to be carried out by the state-designated companies).
Sinopec Group ranked the 23st in the Fortune Global 500 in 2006, ranked the 17st in the Fortune Global 500 in 2007; ranked the 1st in China's top 500 enterprises in 2007.
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China Petrochemical Corporation Yellow Page information
Phone:
86-10-64990487
Fax:
86-10-64990022
Postalcode:
100029
CEO:
Tianpu Wang
Address:
No. 6A Huixin East St. Chaoyang District, Beijing, China
