China Sinopec Group (Sinopec Group) is a large.scale oil and petrochemical enterprise group which was reorganized on the basis of the original China Petroleum & Chemical Corporation in July 1998. It is a state-owned company set up wholly owned by the state, the state authorized investment institutions and the state Holding company. Companies registered capital of 23.16 billion yuan, the chairman of the legal representative, headquartered in Beijing.
The Company shall exercise the power of the assets of the wholly state.owned enterprises, the holding enterprises and the equity.related enterprises to exercise the assets, make major decisions and choose the managers, and carry out the operation, management and supervision of the state-owned assets according to law and bear the responsibility for preservation and appreciation. The Company's holding of China Petroleum & Chemical Corporation has issued H shares and A shares in overseas and overseas in October 2000 and August 2001 and has been listed in Hong Kong, New York, London and Shanghai respectively. The company's main business scope includes: industrial investment and investment management; oil, natural gas exploration, mining, storage and transportation (including pipeline transportation), sales and comprehensive utilization; coal production, sales, storage, transportation; oil refining; Transportation, transportation and transportation; the production, sale, storage and transportation of new energy and geothermal energy products such as petrochemical, natural gas chemical industry, coal chemical industry and other chemical products; Engineering, e-commerce and information, alternative energy products research and development, production and sales of electric and petrochemical equipment; maintenance and repair of mechanical and electrical equipment; manufacture and sale of electromechanical equipment; production and sales of electricity, steam, water and industrial gases; Application, consulting services; self-employed and agents of the import and export of goods and technology; foreign contracting, bidding procurement, labor export; international warehousing and logistics business.