China Petrochemical Engineering Co., Ltd., the predecessor of China Petrochemical Engineering Group (SEG), was a limited liability company established in China in July 2007. When the refining and chemical engineering company was established, China Petrochemical Group owned 100% of the shares. Authorized by China Petrochemical Group, Refining and Chemical Engineering Company is responsible for organizing and integrating the resources and professional capabilities of China Petrochemical Group in refining and chemical engineering, and establishing a business platform for China Petrochemical Group to provide engineering services to refining, petrochemical and other related industries.
Through the restructuring of 20 12, China Petrochemical Group transferred its 9 subsidiaries 100% of the refining and chemical engineering business segment to the refining and chemical engineering company for free. The businesses of these nine companies and their subsidiaries and our three overseas subsidiaries constitute our main business segments at present, that is, providing customers with various services such as technology licensing, design, consulting, general contracting, construction and equipment manufacturing. , covering many industrial fields, including oil refining, petrochemical industry, new coal chemical industry, inorganic chemical industry, pharmaceutical chemical industry, clean energy, storage and transportation engineering, environmental engineering and public works. Subsequently, China Petrochemical Group transferred its 2% equity of refining and chemical engineering company to asset management company (a wholly-owned subsidiary of China Petrochemical Group) for free. On August 28th, 20 12, the refining and chemical engineering company was transformed into a joint stock limited company, namely China Petrochemical Refining and Chemical Engineering (Group) Co., Ltd. (SEG), and China Petrochemical Group and Asset Management Company held 98% and 2% shares of SEG respectively.
20 13 On May 23rd, China Petrochemical Refining & Chemical Engineering (Group) Co., Ltd. listed its H shares on the main board of the Hong Kong Stock Exchange, and issued 654.38+0328 billion H shares worldwide (assuming that the over-allotment right was not exercised). The offering price is HK$ 65,438+HK$ 00.50 per share, and the total amount of net funds raised by the Company (excluding underwriting commissions, fees and the estimated fees payable by the Company for the global offering).