China Petrochemical Co., Ltd., referred to as "China Petrochemical" or "China Petrochemical" for short, is a super-large petrochemical enterprise group reorganized by the state on the basis of the original sinopec group 1998, and is a central enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council. The registered capital of the company is 326.5 billion yuan, the chairman of the board is the legal representative, and the headquarters is located in Beijing.
The company 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 correspondingly assumes the responsibility of maintaining and increasing the value. China Petrochemical Co., Ltd., which is controlled by the company, has successively issued H shares and A shares overseas and domestically, and listed in Hongkong, new york, London and Shanghai respectively.
China Petrochemical Group is the largest supplier of refined oil and petrochemical products in China and the largest oil refining company in the world. China Petrochemical Group ranked 1 in the list of "Top 500 Global Manufacturing Industries" published by global manufacturers group in 20 17.