Is China Sinochem Holding Co., Ltd. a state-owned enterprise or a central enterprise?

It is a central enterprise and a state-owned enterprise (the concepts of central enterprise and state-owned enterprise intersect, all central enterprises belong to state-owned enterprises, but state-owned enterprises are not necessarily central enterprises).

According to the enterprise data, China Sinochem Holdings Co., Ltd. (China Sinochem for short) was formed by the joint reorganization of China Sinochem Group Co., Ltd. and China National Chemical Industry Group Co., Ltd., and was officially unveiled on May 8, 20021year. It is an important state-owned backbone enterprise supervised by the State Council SASAC, with 220,000 employees.

China Sinochem's business scope covers life science, material science, petrochemical industry, environmental science, rubber tires, machinery and equipment, urban operation and industrial finance, and it is a world-leading comprehensive chemical enterprise. It owns Yangnong Chemical (600486. SH), An Daomai (000553. SZ), Andy Su (600299. SH), Sinochem International (600500. SH), Luxi Chemical (000830. SZ), Haohua Technology (600378. SH) and Haohua Technology. China Jinmao (008 17. HK) and other listed companies at home and abroad have production bases, R&D facilities and perfect marketing network system in more than 50 countries and regions around the world. By the end of 2022, China Sinochem's total assets exceeded10.5 trillion yuan, and its annual operating income exceeded 1. 1 trillion yuan, ranking 38th in the Fortune Global 500 list in 2023 and first in the chemical industry list.

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