
Founded in 1950, Sinochem Corporation is a Fortune 500 enterprise and a well-known petrochemical brand, which is supervised by the State-owned Assets Supervision and Administration Commission of the State Council, and is a comprehensive modern enterprise specializing in energy, agriculture, chemical industry, real estate and finance
Founded in 1950 and formerly known as China National Chemical Import and Export Corporation, Sinochem Group was once the largest foreign trade enterprise in China. It is now an important state-owned backbone enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council, headquartered in Beijing.
Sinochem Group's main business is distributed in the five major fields of energy, agriculture, chemical industry, real estate and finance, and is one of the four major national oil companies in China, a large integrated agricultural input (fertilizer, seed, pesticide) integrated management enterprise, a leading comprehensive service provider of chemical products, and has a strong influence in the field of high-end real estate hotels and non-bank finance. As a comprehensive multinational enterprise based on market competition, Sinochem Group provides high-quality products and professional services that are widely used in social production and people's clothing, food, housing and transportation, and the brands of "Sinochem" and "SINOCHEM" enjoy a good reputation at home and abroad.
Sinochem Group now has more than 300 operating institutions at home and abroad, holding a number of listed companies such as "Sinochem International" (SH, 600500), "Sinofert" (HK, 00297), "Fangxing Real Estate" (HK, 00817), and is the largest shareholder of "Far East Horizon" (HK, 03360), and in June 2009, the overall restructuring and restructuring of China Sinochem Co., Ltd. was established.
Sinochem Group is also one of the earliest Chinese companies to be shortlisted in the Fortune Global 500, and has been shortlisted 24 times so far, ranking 107th in 2014. In 2013 and 2014, it was named "The World's Most Admired Company" by Fortune for two consecutive years, ranking first in the trading industry. Over the years, Sinochem Group has unremittingly promoted strategic transformation and management reform, and achieved sustained, healthy and rapid development of the enterprise. In the performance appraisal of the State-owned Assets Supervision and Administration Commission of the State Council, Sinochem Group has been rated as Grade A for nine consecutive years and three consecutive terms.
Sinochem Group's vision is to build itself into a great and respected company with global status. More than 50,000 Sinochem employees around the world will continue to uphold the core concept of "creating value and pursuing excellence", strive to abide by the social responsibility of corporate citizens, devote themselves to scientific development, harmonious development and green development, and are determined to build an evergreen foundation and continue to create well-being for stakeholders and the public.