China petroleum & chemical corporation (Sinopec Group) abbreviations is July 1998 countries on the basis of former China national petrochemical corporation restructuring of super-large petroleum and petrochemical enterprise Group, is a state-owned company solely by the state, a state authorized investment institutions and state-controlled companies. China petrochemical group company registered capital of 182 billion yuan, is headquartered in Beijing. China petrochemical group company of its wholly owned enterprises, holding enterprises, joint-stock enterprises on state-owned assets of the exercise benefits from its assets, making major decisions, and select managers such as the power of the funders, in accordance with the law on state-owned assets operating, management and supervision, and the corresponding value responsibility. China petrochemical group company controlled by China petroleum and chemical co., LTD. In October 2000 and August 2001 issue of H shares and A shares outside the territory, and listed in Hong Kong, New York, London and Shanghai. At present, the total of 86.7 billion shares of China petrochemical co. LTD., China petrochemical group company holding 75.84%, capital stocks accounted for 19.35%, accounted for 4.81% of domestic public offerings. China petrochemical group company's main business scope include: industrial investment and investment management; Oil and gas exploration, mining, storage and transportation (including pipeline), sales and comprehensive utilization; Oil refining; Gasoline, kerosene, diesel wholesale; Petrochemical and other chemical products production, sales, storage and transportation; Petroleum and petrochemical engineering exploration of design, construction, construction and installation; Petroleum and petrochemical equipment overhaul maintenance; Mechanical and electrical equipment manufacturing; Technology and information, alternative energy products research, development, application and consulting services; Self-support and agent all kinds of goods and technology import and export (national limit or prohibit the import and export company of goods and technology except). China petrochemical group company in the global fortune 2011 ranked fifth in the top 500 enterprises.
