China Petroleum & Chemical Corporation (“Sinopec Corp.” or “the Company”) is an integrated energy and chemical Company with principal
businesses of exploration production and trading of petroleum and natural gas refining and sales of petroleum products and production and exploration, gas, sales of chemical products. Sinopec Corp. is listed in Hong Kong, New York, London and Shanghai. The Company’s competitive strengths
are mainly reflected in: its leading market position in the production and sales of refined oil products in China; its status as the largest
petrochemical producer in China; its strategic market position in China’s highest economic growth areas; its well-established, highly efficient
and cost effective sales and distribution network; its integrated business structure with strong resistance against industry cyclical risks; its
well-recognised brand and its excellent reputation. The Company intends to fully implement strategies that are well balanced between the
Company’s development, return to shareholders, and reward to society and to its employees, so that the Company will achieve sustained,
effective and harmonious growth, and realise the goal of becoming a multinational energy and chemical corporation with strong competitiveness. |
