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When was Sinopec Corp. incorporated? |
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The company was set up on February 28, 2000, pursuant to the [Company Law of the People's Republic of China]. |
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What is the relationship between Sinopec Corp. and Sinopec Group? |
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Sinopec Group, the sole sponsor of Sinopec Corp, is a super-large petroleum and petrochemical enterprise group the government set up on the basis of the former China Petrochemical Corporation (former Sinopec) in July 1988. Sinopec Group is 100% owned by the state, is a state-authorized investment institution and state holding company. |
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When and where did Sinopec Corp. make the Initial Public Offering (IPO)? And of how many shares? |
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On October 18 and 19,2000, the company successfully made an initial public offering of 16.78 billion H shares in Hong Kong, New York and London. On July 16, 2001, the company successfully issued 2.8 billion A shares in Shanghai. |
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What are Sinopec Corp.' principal businesses? Where are Sinopec Corp.'s market areas? |
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Sinopec Corp. is one of the largest integrated petroleum and petrochemical company in China with upstream, midstream and downstream operations. Its principal operations of the company include: exploring for and developing, producing and trading crude oil and natural gas; processing crude oil, producing petroleum products and trading, transporting, distributing and marketing petroleum products; producing, distributing and trading petrochemical products. The marketing area of Sinopec Corp. includes 20 provinces, autonomous regions, municipalities. Among the 20, nine provinces are ranked among the top 10 in per capita GDP. |
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What is the full name of SINOPEC? |
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China Petroleum & Chemical Corporation |
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