The Sinopec Group

The Sinopec group mainland china Petrochemical Corporation (Sinopec Group) is a super-large crude and petrochemical go-ahead group established in July 1998 on the basis of the antecedent China Petrochemical Corporation. Sinopec Group is a secern- professed company solely invested by the State, performance as a farming-authorized investment organization in which the differentiate holds the controlling share. Headquartered in Beijing, Sinopec Group has a registered seat of government of RMB 130.6 billion. The chairperson of Sinopec Group is its legal representative. Sinopec Group executes the investor rights over cerebrate to state assets giveed by its full subsidiaries, controlled companies and share-holding companies. These rights include receiving returns on assets, fashioning major decisions and appointing management teams. The Group operates, manages and supervises state assets concord to related laws, and shoulders the corresponding responsibility of maintaining and increasing the value of state assets. China Petroleum & Chemical Company (Sinopec Corp.) controlled by Sinopec Group, issued H-shares and A-shares at overseas and home respectively in October 2000 and expansive 2001 and was listed on stock markets in Hong Kong, New York, London and Shanghai. The center turning of shares of Sinopec Corp. was 86.

7 billion, in which Sinopec Group owns 75.84%, international investors own 19.35% and domestic investors own 4.81%. Sinopec Groups key backup activities include: industrial investment and investment management; the exploration, production, computer storage and tra nsport (including credit line transportatio! n), marketing and comprehensive role of oil and natural artillery; oil refining; the sweeping of gasoline, kerosene and diesel; the production, marketing, storage, transportation of petrochemicals and other chemical products; the design, bend and installation of petroleum and petrochemical design projects; the overhaul and maintenance of petroleum and petrochemical equipments; the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper