Sinopec Corp. definition

Sinopec Corp. means China Petroleum & Chemical Corporation, a joint stock limited company established in the PRC with its shares listed on the Main Board of the Hong Kong Stock Exchange (stock code: 386) and the Shanghai Stock Exchange (stock code: 600028) and with its American depositary receipts listed on the New York Stock Exchange and the London Stock Exchange (stock code: SNP);

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Sinopec Corp.. China Petroleum & Chemical Corporation (中國石油化工股份有 限 公 司), a joint stock limited company incorporated in the PRC, the H shares of which are listed on the main board of the Stock Exchange (Stock Code: 386); “Sinopec LNG” Sinopec Tianjin Liquefied Natural Gas Co., Ltd.* ( 中石化天津液 化天然氣有限責任公司), a company incorporated in the PRC; “Sinopec Natural Gas” Sinopec Natural Gas Co., Ltd.* ( 中 國 石 化 天 然 氣 有 限 責 任 公 司), a company incorporated in the PRC and a wholly- owned subsidiary of Sinopec Corp; “Share(s)” ordinary share(s) of HK$0.10 each in the capital of the Company;

Examples of Sinopec Corp. in a sentence

• Sinopec Corp is a substantial shareholder of the Company indirectly interested in 405,472,337 Shares (representing approximately 29.97% of the total number of Shares in issue), and is thus a connected person of the Company under the Listing Rules.

• Since each of Sinopec Natural Gas and Sinopec LNG is a subsidiary of Sinopec Corp, each of Sinopec Natural Gas and Sinopec LNG is an associate of Sinopec Corp and thus a connected person of the Company under the Listing Rules.

• THAT the Major On-going Connected Transactions be and are hereby approved and that the board of directors of Sinopec Corp.

• THAT the De-minimus On-going Connected Transactions be and are hereby approved and that the board of directors of Sinopec Corp.

• Sinopec Natural Gas is a wholly-owned subsidiary of Sinopec Corp and is principally engaged in natural gas project investment; natural gas transmission and storage technology development, technical consultation and technical services; construction cost consultation and tender agency; and sales of construction materials.

• Sinopec Corp is a substantial shareholder of the Company indirectly interested in 405,472,337 Shares (representing approximately 29.32% of the total number of Shares in issue), and is thus a connected person of the Company under the Listing Rules.

• As at the date of this announcement, Shandong Natural Gas Pipeline Company is a non-wholly owned subsidiary and hence an associate of Sinopec Corp., the indirect controlling shareholder of the Company holding approximately 60.33% of the issued share capital of the Company.

• Shandong Natural Gas Pipeline Company is a company incorporated in the PRC with limited liability and a non-wholly owned subsidiary of Sinopec Corp., the indirect controlling shareholder of the Company.

• Since each of Sinopec Natural Gas and Sinopec LNG is a subsidiary of Sinopec Corp, each of Sinopec Natural Gas and Sinopec LNG is an associate of Sinopec Corp and is thus a connected person of the Company under the Listing Rules.

• Thus, Sinopec Corp will become a connected person of the Company under the Listing Rules.