Sinopec blocked another 22 companies in May

In May 2022, Sinopec Corp.
dealt with 22 suppliers who had breached the contract based on their default situation and the degree of impact on the supply of Sinopec's production and construction materials
.

After verification and investigation, the trading qualifications of 21 suppliers with Sinopec were cancelled, and one supplier was given the qualification to suspend trading for 6 months
.

Sinopec Corp.
strictly abides by the national laws and regulations on bidding and bidding, vigorously promotes the public bidding and procurement of materials required for production and construction, and widely attracts competitive suppliers to participate in Sinopec Corp.
's material procurement activities
.
Please pay attention to the Sinopec Materials Electronic Bidding and Bidding Trading Platform (https://bidding.
sinopec.
com), and pay attention to the prequalification announcement and the bidding announcement
.