Headquartered in Beijing, China, Sinochem Group Co., Ltd. (Sinochem Group for short), is a wholly-owned subsidiary of Sinochem Holdings Corporation Ltd. which is one of the key state-owned enterprises under the supervision of State-owned Assets Supervision and Administration Commission of the State Council of China (SASAC). The predecessor of Sinochem Group was China National Chemicals Import and Export Corporation, and was founded in 1950.
Sinochem Group is a leading integrated operator in oil and chemical industry, exerting strong influence in city operation and non-banking financial service sector. As a market-oriented global conglomerate, Sinochem Group's quality products and services are relevant to many aspects of the mass economy and people's well-being. The SINOCHEM and “中化” brands are highly prestigious in China and the rest of the world.
Sinochem Group has established five Strategic Business Units (SBU), namely Energy, Chemicals, Agriculture, Real Estate and Finance. It operates more than 300 subsidiaries around the world. It holds a controlling stake in a number of listed companies, including Sinochem International (600500. SH) and China Jinmao (00817. HK). Sinochem Group has almost 60,000 staff members around the world.
Sinochem Group is among the earliest Chinese enterprises on the Fortune Global 500 list and has 30 appearances in total, ranking 109th in 2020 and having been honored as Fortune's World's Most Admired Companies for two consecutive years. Continuous efforts over the years in strategic transformation and management overhaul have enabled Sinochem Group to maintain a sustainable, healthy and rapid development. Sinochem Group has been rated A in corporate performance by SASAC for 16 years.
Looking into the future, Sinochem Group will uphold the value of "In Science We Trust" and strive to build a technology-driven innovator and a world-class comprehensive chemical company, promoting our technological innovation ability, core competitiveness and sustainability. We aim to create maximum value for clients, shareholders and employees, contributing our bit to the development of chemical industry and social progress.