Is Sinopec a state-owned enterprise or a central enterprise, and what is its treatment?

Sinopec is a state-owned enterprise and a central enterprise with good treatment.

China Petrochemical Co., Ltd., referred to as "China Petrochemical" or "China Petrochemical" for short, is a super-large petrochemical enterprise group reorganized by the state on the basis of the original sinopec group 1998, and is a central enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council.

The company exercises the rights of investors such as asset income, major decision-making and selection of managers on the relevant state-owned assets of its wholly-owned enterprises, holding enterprises and shareholding enterprises, operates, manages and supervises the state-owned assets according to law, and correspondingly assumes the responsibility of maintaining and increasing the value. China Petrochemical Co., Ltd., which is controlled by the company, has successively issued H shares and A shares overseas and domestically, and listed in Hongkong, new york, London and Shanghai respectively.

Development advantages of China Petrochemical Company

First, China Petrochemical has unique advantages in oil and gas exploration and development. Oil and gas fields mainly include Shengli, Zhongyuan, Jianghan, Tahe, Jiangsu and newly developed Puguang gas fields. Give full play to the advantages accumulated by the company in petroleum geological research, fine exploration and development technology and engineering technology. Around the deployment of "hard stability in the east, rapid production in the west and large-scale development of natural gas", the exploration area has been continuously expanded, and the oil and gas reserves and output have increased steadily.

Second, it has a competitive advantage in the refining and chemical industry. At present, China Petrochemical Company has110/0 million tons of oil refining base and 810 million tons of ethylene base, initially forming three regional clusters: Yangtze River Delta, Pearl River Delta and Bohai Bay, providing more than 30 million tons of chemical raw materials and hundreds of millions of tons of oil products to the society every year.

Third, China Petrochemical has the advantage of refined oil sales network. By constantly improving the marketing network and strengthening the market location advantages, the company's operational service level, brand image and goodwill have been further improved. Through nearly 30,000 gas stations and marketing networks, China consumers are provided with more than1.200 million tons of refined oil every year, and tens of millions of vehicles are provided with all-round services every day.

The above contents refer to Baidu Encyclopedia-China Petrochemical.