The Sinopec Group

The Sinopec group mainland china Petrochemical Corporation (Sinopec Group) is a super-large oil color and petrochemical enterprisingness group established in July 1998 on the basis of the creator China Petrochemical Corporation. Sinopec Group is a secern- professed company solely invested by the State, performance as a farming-authorized investment organization in which the republic holds the controlling share. Headquartered in Beijing, Sinopec Group has a registered bang-up of RMB 130.6 billion. The chairperson of Sinopec Group is its legal representative. Sinopec Group executes the investor rights over cogitate to state assets knowledgeed by its full subsidiaries, controlled companies and share-holding companies. These rights include receiving returns on assets, fashioning major decisions and appointing management teams. The Group operates, manages and supervises state assets check to related laws, and shoulders the corresponding responsibility of maintaining and i ncreasing the value of state assets. China Petroleum & Chemical Company (Sinopec Corp.) controlled by Sinopec Group, issued H-shares and A-shares at overseas and home respectively in October 2000 and shocking 2001 and was listed on stock markets in Hong Kong, New York, London and Shanghai. The aggregate turning of shares of Sinopec Corp. was 86.

7 billion, in which Sinopec Group owns 75.84%, international investors own 19.35% and domestic investors own 4.81%. Sinopec Groups key headache activities include: industrial investment and investment management; the exploration, production, storage and transport (inc luding credit line transportation), marketi! ng and comprehensive engagement of oil and natural artillery; oil refining; the in large quantities of gasoline, kerosene and diesel; the production, marketing, storage, transportation of petrochemicals and other chemical products; the design, device and installation of petroleum and petrochemical design projects; the overhaul and maintenance of petroleum and petrochemical equipments; the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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