Is PetroChina a state-owned enterprise?

1. No, China Petroleum Corporation (abbreviated as "China Petroleum" or "PetroChina" in Chinese) is an important state-owned backbone enterprise, a comprehensive international energy company whose main business is oil and gas business, engineering technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services and new energy development, and one of the major oil and gas producers and suppliers in China.

2. China Petrochemical Corporation Limited ("China Petrochemical" or "China Petrochemical" for short) is a super-large petrochemical enterprise group reorganized by the state on the basis of the former sinopec group in July 2006 1998. It is a state-owned company established by the state alone, an institution authorized by the state and a state holding company.

Reply time: 202 1-0 1-06. Please refer to the latest business changes announced by Ping An Bank in official website.

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