Sinopec group exercises the rights of investors, such as asset income, major decision-making and selection of managers, on the relevant state-owned assets of its wholly-owned enterprises, holding enterprises and shareholding enterprises, operates, manages and supervises the state-owned assets according to law, and accordingly assumes the responsibility of maintaining and increasing the value. Sinopec group-controlled China Petrochemical Co., Ltd. issued H shares and A shares overseas in June 2000 and August 2006 respectively, and listed in Hongkong, new york, London and Shanghai respectively. At present, the total share capital of China Petrochemical Co., Ltd. is 86.7 billion shares, of which China Petrochemical Corporation holds 75.84%, foreign shares account for 65,438+09.35% and domestic shares account for 4.865,438+0%.
The main business scope of China Petrochemical Group Company includes: industrial investment and investment management; Exploration, exploitation, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; Petroleum refining; Wholesale of gasoline, kerosene and diesel; Production, sales, storage and transportation of petrochemical and other chemical products; Exploration design, construction, building installation of petroleum and petrochemical engineering; Maintenance of petroleum and petrochemical equipment; Mechanical and electrical equipment manufacturing; Research, development, application and consulting services of technical information and alternative energy products; Self-management and agency for the import and export of all kinds of goods and technologies (except those restricted or prohibited by the state).
China Petrochemical Group Company ranked 7th among Fortune Global 500 enterprises in 2009.