about-sinopec
Our History
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Our History
February 28, 2000 As the sole initiator, China Petrochemical Corporation (Sinopec Group) incorporated China Petroleum & Chemical Corporation (Sinopec Corp.).
October 18, 2000 Sinopec Corp. made a successful global IPO at Hong Kong, New York and London Stock Exchanges with a total issuance of 16.78 billion H shares (including ADRs in the US).
July 16, 2001 On July 16, 2001, Sinopec Corp. issued 2.8 billion A shares in the PRC market. On August 8, 2001, Sinopec Corp. was successfully listed on the Shanghai Stock Exchange.
August 24, 2001 Sinopec Corp. acquired China's New Star Petroleum Company.
December 31, 2004 Sinopec Corp. acquired chemical assets, catalyst assets and service stations from Sinopec Group and sold down-hole operation assets as a swap.
October 10, 2006 Reform on share-split for A-share was implemented.
October 11, 2006 Capital was injected into Hainan Petrochemical Co., Ltd. to increase its registered capital. Upon the completion of the capital increase, Sinopec Corp. held 75% of the equity interests in Hainan Petrochemical Co., Ltd.
December 31, 2006 Sinopec Corp. acquired the oil production assets of Shengli Petroleum Administration Bureau from Sinopec Group.
April 17, 2007 Sinopec Corp. issued HK$11.7 billion convertible bonds overseas.
December 31, 2007 Sinopec Corp. acquired five refineries including Zhanjiang Dongxing from Sinopec Group.
February 20, 2008 On February 20, 2008, Sinopec Corp. issued RMB30 billion convertible bonds with warrants in PRC market. On March 4, 2008, bonds and warrants went public on Shanghai Stock Exchange.