Is Sinochem Oil a State-owned Enterprise or a Central Enterprise?

State-owned enterprises China Petrochemical Co., Ltd. is a joint-stock enterprise established by China Petrochemical Group Company on February 25th, 2000 in accordance with the Company Law of People's Republic of China (PRC). The company gives full play to the unique political advantages of state-owned enterprises and firmly becomes a strong defender of national economic security and energy security. Its industry is wholesale, and its business scope includes the import and export of crude oil and refined oil, the import and export and agency of goods and technologies, petroleum products, No.7 fuel oil, crude oil sales and gas management.