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China Petroleum & Chemical Corporation (0386.HK)

HKSE - HKSE Delayed price. Currency in HKD
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4.560-0.090 (-1.94%)
At close: 04:08PM HKT

China Petroleum & Chemical Corporation

No. 22 Chaoyangmen North Street
Chaoyang District
Beijing 100728
China
86 10 5996 0028
https://www.sinopec.com

Sector(s)Energy
IndustryOil & Gas Integrated
Full-time employees368,009

Key executives

NameTitlePayExercisedYear born
Mr. Baocai YuPresident & Executive Director1.22MN/A1965
Mr. Lianggong LvSenior VP & Executive DirectorN/AN/A1966
Mr. Shuanwen NiuSenior Vice PresidentN/AN/A1975
Mr. Wensheng HuangVP & Secretary to the Board of DirectorsN/AN/A1967
Ms. Donghua ShouCFO & Head of the Financial DepartmentN/AN/A1970
Mr. Yonglin LiSenior VP & Executive DirectorN/AN/A1968
Mr. Xusheng GuoChief GeologistN/AN/A1966
Mr. Yang ChenDeputy Head of the BoardN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces natural gas; produces, processes, purifies, imports, and trades in crude oil; manufactures, sells, and trades in petroleum products; owns and operates oil depots and service stations; and produces, distributes, and sells refined petroleum products, including gasoline and diesel. It also manufactures, sells, markets, and distributes petrochemicals and derivative petrochemical products, and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers, as well as ethylene. In addition, the company explores, produces, and sells petroleum and natural gas; produces, stores, transports, and sells petrochemical and coal chemical products; produces and sells catalyst products, lubricant base oil, polyester chips and fibers, plastics, and petrochemical materials; and offers crude oil pipeline transportation services. Further, it engages in import and export of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; research, development, and application of technologies and information; hydrogen energy business and related services, such as hydrogen production, storage, transportation, and sales; and battery charging and swapping, solar energy, wind energy and other new energy business and related services. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

Corporate governance

China Petroleum & Chemical Corporation’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 3; Board: 2; Shareholder rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.