Sinopec Group

Sinopec Group

State-Owned Giant Powering Global Energy and Petrochemical Innovations

Founded 1998 10001+ employees Post-IPO Equity Energy, Enterprise Software +2

Sinopec Group (China Petrochemical Corporation) is a prominent Chinese state-owned petroleum and petrochemical enterprise established in July 1998. The company operates as a state-authorized investment organization with controlling state shares and is based in Beijing, with a registered capital of RMB 231.6 billion. Sinopec Group exercises investor rights over state assets controlled by its subsidiaries and affiliated companies, managing and supervising them in compliance with relevant laws. Notably, its subsidiary, China Petroleum and Chemical Company (Sinopec Corp.), successfully issued H-shares and A-shares in international and domestic markets, gaining listings on stock exchanges in Hong Kong, New York, London, and Shanghai. The company's key activities encompass a wide range within the energy, manufacturing, and oil and gas industries, including industrial investment and investment management, exploration, production, and transportation of oil and natural gas, coal production and marketing, oil refining, storage, transportation, wholesale, and retail of oil products, as well as the production and distribution of petrochemicals and various other chemical products. Furthermore, Sinopec Group engages in R&D, manufacturing, marketing of electrical and mechanical equipment, production and marketing of electricity, steam, water, and industrial gas, and the provision of technology, e-business, information, and alternative energy services. Its involvement in import and export of goods and technology, foreign project contracting, bidding invitations, labor export, and international storage and logistics showcases the company's diverse portfolio. In 2014, Sinopec Group ranked 3rd in the Fortune Global 500. The company's last investment was a Post-IPO Equity investment in January 2015, with China Renaissance Capital Investment as the investor. With its extensive influence in the global energy and petrochemical sectors, Sinopec Group continues to be a significant player in the industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Post IPO Equity	Undisclosed	1	China Renaissance Capital Investment	01 Jan 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Post IPO Equity

Undisclosed

China Renaissance Capital Investment

01 Jan 2015

FAQ About Sinopec Group

State-Owned Giant Powering Global Energy and Petrochemical Innovations

Sinopec Group was founded in 1998.

Sinopec Group operates in Energy, Enterprise Software, Manufacturing and Oil and Gas. Its work centres on Petroleum, Petrochemicals, State-Owned and Investment Management.

Sinopec Group has approximately 10001+ employees.

Sinopec Group has completed 1 funding round. The latest funding stage is Post-IPO Equity.

Top alternatives and competitors to Sinopec Group include PEMEX, S.N.G.N. Romgaz S.A., Kazancı Holding A.Ş., LUKOIL Lubricants Europe GmbH, Sahara Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Sinopec Group and PEMEX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Sinopec Group