{"schema":"rootz.ai/sec-company/v1","layer":1,"cik":"0001123658","name":"CHINA PETROLEUM & CHEMICAL CORP","summary":"China Petroleum & Chemical Corporation (Sinopec) is a large integrated energy and chemical company engaged in exploration, development, production, and marketing of crude oil and natural gas; refining and distribution of refined oil products; production and sales of petrochemical products; hydrogen energy operations including production, storage, and transportation; and new energy businesses including EV charging, battery swapping, solar, and wind energy generation.","people":[],"products":[{"name":"Crude Oil","type":"hardware","description":"Exploration, development, and production of crude oil across China and overseas fields."},{"name":"Natural Gas","type":"hardware","description":"Exploration, development, production, and marketing of natural gas in China and overseas."},{"name":"Refined Oil Products","type":"hardware","description":"Refining, marketing, distribution, import, and export of petroleum products including transportation and storage."},{"name":"Petrochemical Products","type":"hardware","description":"Production and sales of petrochemicals through subsidiaries and joint ventures."},{"name":"Hydrogen Energy","type":"service","description":"Production, storage, transportation, and sales of hydrogen; hydrogen refueling and storage facilities."},{"name":"New Energy Services","type":"service","description":"EV charging and battery swapping, solar and wind power generation, battery sales, and new energy vehicle battery swap facilities."}],"partnerships":[{"partner_name":"China Life Insurance Co., Ltd.","partnership_type":"strategic","description":"Co-invested in Sichuan-to-East China Pipeline Co., holding 43.86% equity interest after capital injection.","start_date":null},{"partner_name":"SDIC Communications Holding Co., Ltd.","partnership_type":"strategic","description":"Co-invested in Sichuan-to-East China Pipeline Co., holding 6.14% equity interest after capital injection.","start_date":null},{"partner_name":"INEOS Limited","partnership_type":"strategic","description":"INEOS Shanghai acquired 50% of Shanghai SECCO from Sinopec and Gaoqiao in December 2022.","start_date":null},{"partner_name":"PipeChina","partnership_type":"strategic","description":"Sold ownership of oil and gas pipeline assets in exchange for ~14% of PipeChina's registered capital and cash in 2020.","start_date":null},{"partner_name":"Sinopec Assets Management Co., Ltd. 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