China Petroleum & Chemical Corporation, one of the top ten petroleum brands, a Fortune 500 company, a manufacturer and supplier of oil and gas and its ancillary products, and a super-large petroleum and petrochemical enterprise group established by the state

China Petroleum & Chemical Corporation (Sinopec Group) is a large petroleum and petrochemical enterprise group established by the state in July 1998 on the basis of the former China Petroleum & Chemical Corporation. The company has a registered capital of 231.6 billion yuan, the chairman of the board of directors is the legal representative, and its headquarters is located in Beijing.

The company exercises the power of asset beneficiary, major decision-making and selection of managers and other investors over the relevant state-owned assets of its wholly-owned enterprises, holding enterprises and shareholding enterprises, operates, manages and supervises the state-owned assets in accordance with the law, and assumes the responsibility of maintaining and increasing the value accordingly. In October 2000 and August 2001, China Petroleum & Chemical Corporation, a subsidiary of the Company, issued H shares and A shares overseas, and listed in Hong Kong, New York, London and Shanghai respectively.

The company's main business scope includes: industrial investment and investment management; exploration, exploitation, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; coal production, sales, storage and transportation; petroleum refining; storage, transportation, wholesale and retail of refined oil products; production, sales, storage and transportation of petrochemical, natural gas chemical, coal chemical and other chemical products; production, sales, storage and transportation of new energy, geothermal and other energy products; exploration, design, consulting, construction and installation of petroleum and petrochemical projects; petroleum and petrochemical equipment overhaul and maintenance; R&D, manufacturing and sales of mechanical and electrical equipment; production and sales of electricity, steam, water and industrial gases; research, development, application and consulting services of technology, e-commerce and information, and alternative energy products; self-management and agency of import and export of related commodities and technologies; foreign project contracting, bidding and procurement, labor export; international warehousing and logistics business, etc.