China Petroleum & Chemical Corporation (hereinafter referred to as "Sinopec") is an upstream and downstream integrated energy and chemical company dedicated to the exploration and exploitation of oil and natural gas, the refining and marketing of petroleum products, and the production and marketing of chemical products. The company's main tangible assets are concentrated in the east and south of China
2. SINOPEC Ethylene Company
An investment of more than 8 billion yuan in SINOPEC's fifteen key projects in the Maoming 1 million tons of ethylene expansion project after the second quarter of last year, after continuous efforts to speed up the promotion of the project, snatched back once lagged three and a half months of the schedule, the main works have been completed, a silver glittering new plant in the southern petrochemical city uprooted, and a new plant is in the southern petrochemical city. A new device in the southern petrochemical city rose, China's first million-ton ethylene base majestic show. According to the project co-ordination plan, this major project at the end of July in the delivery of September put into production, according to the calculation of 1 million tons of ethylene expansion put into production a day earlier, can create more benefits of more than 6 million yuan.
3. Sinopec Shihua Company Limited
Maoming Petrochemical Shihua Company Limited is a large national enterprise - Sinopec Maoming Petrochemical Company as the initiator of the shareholding system founded in October 1988, the company's A shares were listed on the Shenzhen Stock Exchange on November 14, 1996 (stock). The company's A-share stock was listed on the Shenzhen Stock Exchange on November 14, 1996 (stock abbreviation: Maohua Shihua, stock code: 000637), which is the first listed company in Maoming City.
The company has three wholly-owned subsidiaries and one joint-stock joint venture, which are mainly engaged in industry and integrated development of investment and trade. It has more than 10 sets of modernized production units such as 140,000 tons/year polypropylene, 600,000 tons/year gas separation, etc., among which the polypropylene unit is the largest intermittent small-body polypropylene production unit in China, and the processing capacity of the gas separation unit is the second largest in China. The company's main products include polypropylene, liquefied petroleum gas, solvent oil, ethanolamine, plastic products, etc. The products are sold in eleven provinces and regions, such as Guangdong, Guangxi, Hainan, Zhejiang, Jiangsu, Chongqing, Sichuan, Guizhou, Yunnan, Fujian and Hunan. By the end of 2004, the company had a total share capital of 377 million shares, total assets of 1.366 billion yuan, net assets of 637 million yuan, and accumulated profits and taxes of 925 million yuan (of which 442 million yuan in taxes). The company's annual sales revenue reached 2 billion yuan, ranked first among the "Top Ten" local industries in Maoming City, and ranked 22nd among the Top 100 Private Enterprises in Guangdong Province in 2003. Since its listing, Silvateam has become a high-performance listed company in the petrochemical industry for its solid business performance, outstanding main business, transparent and accurate information, and high reputation in the market. In 2004, Silvateam was ranked 21st in the comprehensive ranking of China's most growing listed companies by New Fortune Magazine.
The company adheres to the development strategy of "industry-based, science and technology-based", actively explores cooperation with scientific research institutes, and vigorously promotes technological progress. The company has passed the ISO9001:2000 quality certification; in 2001 and 2003, the company was awarded the title of Guangdong Advanced Quality-Effective Enterprise; in 2004, the company was evaluated by the China Quality Credit Evaluation Center as a AAA+ grade quality credit enterprise; "Shihua" brand polypropylene resin was evaluated as the top ten assured brands of the national supervision and testing quality. Shihua" brand polypropylene resin was honored as one of the top ten assured brands of national supervision and testing quality. The company was awarded the prize of enterprise scientific and technological progress during the "Eighth Five-Year Plan" period of Guangdong Province, and has been awarded the title of advanced collective of Guangdong Province, "Top Ten" civilized enterprise of Maoming City, and "Double Civilization" competition winning unit for many times.
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4. SINOPEC Zhonghe Chemical Company
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