Sinopec Group | Core Subsidiaries & Business Layout of China Top Energy & Petrochemical Conglomerate

1. Sinopec Group Company Profile

Full Name: China Petrochemical Corporation (Sinopec Group) Founded in July 1983 as China Petrochemical Corporation; restructured into Sinopec Group in July 1998 per national petroleum & petrochemical industrial strategic reorganization; transformed into limited liability company in August 2018.

As a mega integrated energy & petrochemical conglomerate covering full industrial chain of upstream-downstream production, supply, domestic & international trading, Sinopec has registered capital of CNY 326.5 billion, with Board Chairman as legal representative and headquarters based in Beijing. The Group exercises investor’s rights on state-owned assets of its wholly-owned, holding and equity-participated subsidiaries including asset proceeds collection, major decision-making and management appointment, undertaking statutory responsibilities for state asset operation, supervision and value preservation & appreciation.

Core Business Scope

  • Industrial investment and investment management
  • E&P, storage, pipeline transportation, sales and comprehensive utilization of crude oil & natural gas
  • Coal mining, storage, transportation and sales
  • Crude oil refining; refined oil storage, transportation, wholesale and retail
  • Production, storage & logistics of petrochemical, coal chemical and natural gas chemical products
  • Manufacturing & distribution of new energy products including hydrogen, solar power, wind power and geothermal energy; EV charging & swapping related services
  • EPC, design, consultation and construction for petrochemical engineering; petrochemical equipment maintenance
  • R&D, production and sales of mechanical & electrical equipment; utility supply of electricity, steam, industrial water and industrial gas
  • R&D, technical consultation, e-commerce service for alternative energy products
  • Import & export agency of commodities and technologies; overseas project contracting, international tendering, labor service export and global warehousing & logistics

Ranked among top-tier enterprises on Fortune Global 500 for consecutive years, Sinopec is China’s largest supplier of refined oil and petrochemical products, the world’s No.1 refining enterprise and No.2 chemical manufacturer, with the world’s second-largest gas station network scale.

2. Upstream Oilfield Exploration & Production Subsidiaries (Sinopec Corp Branches)

  • Sinopec Shengli Oilfield Branch
  • Sinopec Zhongyuan Oilfield Branch
  • Sinopec Henan Oilfield Branch
  • Sinopec Jianghan Oilfield Branch
  • Sinopec Jiangsu Oilfield Branch
  • Sinopec Shanghai Offshore Oil & Gas Branch
  • Sinopec Northwest Oilfield Branch
  • Sinopec Southwest Oil & Gas Branch
  • Sinopec Northeast Oil & Gas Branch
  • Sinopec North China Oil & Gas Branch
  • Sinopec East China Oil & Gas Branch
  • Sinopec Exploration Branch
  • Sinopec Natural Gas Branch

3. Refining & Petrochemical Production Enterprises

  • Sinopec Yanshan Petrochemical Co., Ltd.
  • Sinopec Qilu Petrochemical Co., Ltd.
  • Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd.
  • Sinopec Jinling Petrochemical Co., Ltd.
  • Sinopec Maoming Petrochemical Co., Ltd.
  • Sinopec Tianjin Petrochemical Co., Ltd.
  • Sinopec Yangzi Petrochemical Co., Ltd.
  • Sinopec Baling Petrochemical Co., Ltd.
  • Sinopec Changling Petrochemical Co., Ltd.
  • Sinopec Shanghai Petrochemical Co., Ltd.
  • Sinopec Yizheng Chemical Fiber Co., Ltd.
  • Sinopec Zhenhai Refining & Chemical Co., Ltd.
  • Sinopec Guangzhou Petrochemical Co., Ltd.
  • Sinopec Anqing Petrochemical Co., Ltd.
  • Sinopec Luoyang Petrochemical Co., Ltd.
  • Sinopec Jingmen Petrochemical Co., Ltd.
  • Sinopec Jiujiang Petrochemical Co., Ltd.
  • Sinopec Hubei Chemical Fertilizer Co., Ltd.
  • Sinopec Shijiazhuang Refining & Chemical Co., Ltd.
  • Sinopec Jinan Petrochemical Co., Ltd.
  • China-Korea (Wuhan) Petrochemical Co., Ltd.
  • Sinopec Qingdao Petrochemical Co., Ltd.
  • Fujian Refining & Petrochemical Co., Ltd.
  • Sinopec Cangzhou Petrochemical Co., Ltd.
  • Sinopec Hainan Refining & Chemical Co., Ltd.
  • Sinopec Zhongyuan Ethylene Co., Ltd.
  • Sinopec Qingdao Refining & Chemical Co., Ltd.
  • Sinopec Beihai Refining & Chemical Co., Ltd.
  • Sinopec Tahe Refining & Chemical Co., Ltd.
  • Zhongke (Guangdong) Refining & Petrochemical Co., Ltd.
  • Sinopec Great Wall Energy & Chemical Co., Ltd.
  • Sinopec Chemical Sales Co., Ltd.
  • Sinopec Refined Oil Sales Co., Ltd.
  • Sinopec Lubricant Co., Ltd.
  • Sinopec Catalyst Co., Ltd.
  • China International United Petrochemical Co., Ltd.
  • Sinopec Petroleum Marketing Co., Ltd.
  • Fujian Gulei Petrochemical Co., Ltd.
  • Shanghai SECCO Petrochemical Co., Ltd.
  • Yangzi-BASF Petrochemical Co., Ltd.

4. Refined Oil Marketing Enterprises

Sinopec Sales Co., Ltd. and regional provincial branches: Beijing Petroleum, Tianjin Petroleum, Hebei Petroleum, Shanxi Petroleum, Shanghai Petroleum, Jiangsu Petroleum, Zhejiang Petroleum, Anhui Petroleum, Fujian Petroleum, Jiangxi Petroleum, Shandong Petroleum, Henan Petroleum, Hubei Petroleum, Hunan Petroleum, Guangdong Petroleum Branch.

5. Sinopec Oilfield Service Segment

Developed into world-class comprehensive international petroleum engineering technical service provider with diversified global customer base via premium service, differentiated positioning and cost advantages. It has delivered oil & gas engineering operations across over 20 domestic Chinese provinces and executed technical service projects in more than 30 overseas nations, becoming an influential contractor for Saudi Aramco, Kuwait Petroleum Corporation and Ecuador state-owned oil enterprises.

6. SEG | Sinopec Engineering (Group) Co., Ltd.

Abbreviated as SEG, Sinopec Engineering is a Sinopec Group-controlled integrated engineering contractor & technology licensor serving domestic and global refining & petrochemical market, ranking among China’s top energy engineering construction enterprises.

Subsidiary Portfolio in China

SEI, Sinopec Guangzhou(Luoyang) Engineering, Sinopec Shanghai Engineering, Sinopec Ningbo Engineering, Sinopec Nanjing Engineering, Sinopec No.4 Construction, No.5 Construction, No.10 Construction, Sinopec Heavy Lifting & Transportation, SEG Luoyang R&D Center, Sinopec Energy Saving Service, SEG IT Branch.

SEG completed global H-share IPO of 1.328 billion shares at HK$10.5 per share in May 2013, listed on Hong Kong Stock Exchange on May 23, 2013 to access international capital market. It holds authoritative certifications issued by Chinese central ministries, Lloyd’s Register and FIDIC, equipped with multi-level professional talent pool. Leveraging experienced engineering teams and robust technical strength, SEG provides full-spectrum EPC & consulting service covering refining, petrochemical, coal chemical, syngas chemical, environmental and utility engineering for worldwide clients.

7. SOFE | Sinopec Oilfield Equipment Corporation (Petro Machinery Division)

Abbreviated as SOFE, Sinopec Oilfield Equipment specializes in R&D, manufacturing, sales and leasing of oilfield drilling equipment, drill bits, tubular goods and natural gas compressors, alongside equipment inspection and new energy hydrogen equipment development.

Main Product Categories

  1. Drilling & completion tools: drill bits, cementing & fracturing units, workover rigs, downhole accessories for onshore & offshore oilfield development
  2. Offshore engineering equipment for offshore crude & gas E&P, storage and transportation
  3. Pipeline steel for crude, refined fuel, natural gas transmission and urban municipal pipeline construction
  4. Gas compressors for underground gas storage injection, wellhead gas recycling and field test production
  5. New energy equipment: hydrogen compressors, CO₂ compressors for CCUS, hydrogen dispensers and hydrogen delivery pipelines

Drilling tools, downhole accessories and fracturing units reach world-leading standard; compressors and steel pipes take leading domestic position; drilling rigs are among China’s top-tier product lineup. SOFE owns 17 specialized production lines, seven professional labs and national oil equipment inspection center, certified by API, GOST, CE and global quality management accreditation.

With nationwide after-sales service network, SOFE is Sinopec’s exclusive R&D & manufacturing hub for oilfield machinery and hydrogen energy equipment base, a state-certified innovative enterprise with prominent domestic R&D capability and global product competitiveness.